Highlights – Drill Results from the El Domo Deposit at Curipamba:
- CURI-378 intersected 16.86 metres of 3.38% copper, 8.07 g/t gold, 8.46% zinc, 138.6 g/t silver, and 0.81% lead for 11.55% CuEq – including 1.44 metres of 5.87% copper, 24.56 g/t gold, 8.94% zinc, 339.5 g/t silver, and 0.49% lead for 24.86% CuEq
- CURI-377 intersected 21.04 metres of 6.37% copper, 2.42 g/t gold, 4.46% zinc, 41.8 g/t silver, and 0.24% lead for 9.37% copper equivalent ("CuEq") – including 4.20 metres of 13.43% copper, 1.34 g/t gold, 6.20% zinc, 17.5 g/t silver, and 0.01% lead for 16.08% CuEq
- CURI-390 intersected 11.90 metres of 3.97% copper, 5.65 g/t gold, 4.59% zinc, 85.9 g/t silver, and 0.41% lead for 9.18% CuEq – including 1.80 metres of 6.50% copper, 22.68 g/t gold, 18.76% zinc, 388.2 g/t silver, and 2.13% lead for 28.00% CuEq
- Restarted regional exploration drilling on the El Panecillo target – approximately 1.5 km east of
El Domo
Drill hole CURI-377 intersected mineralized grainstone with massive sulphide clasts in the immediate hanging wall of the semi-massive to massive sulphide from 46.05 to 47.26 metres, grading 0.74% copper, 0.42 g/t gold, 0.34% zinc, 11.8 g/t silver, and 0.05% lead (1.18% CuEq). Semi-massive to massive sulphide mineralization was intersected from 47.26 to 68.30 metres, grading 6.37% copper, 2.42 g/t gold, 4.46% zinc, 41.8 g/t silver and 0.24% lead (9.37% CuEq). A higher-grade subset was intersected from 60.92 to 65.12 metres, grading 13.43% copper, 1.34 g/t gold, 6.20% zinc, 17.5 g/t silver, and 0.01% lead (16.08% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq (1) (%) | Approx. True Thickness (m) |
CURI-377 | 46.05 | 47.26 | 1.21 | 0.74 | 0.42 | 0.34 | 11.8 | 0.05 | 1.18 | 1.03 |
47.26 | 68.30 | 21.04 | 6.37 | 2.42 | 4.46 | 41.8 | 0.24 | 9.37 | 17.88 | |
including | 60.92 | 65.12 | 4.20 | 13.43 | 1.34 | 6.20 | 17.5 | 0.01 | 16.08 | 3.57 |
(1) | Metal equivalency based on |
CURI-378 intersected mineralized grainstone with massive sulphide clasts in the immediate hanging wall of the semi-massive to massive sulphide from 50.57 to 58.52 metres, grading 0.31% copper, 0.68 g/t gold, 0.68% zinc, 16.7 g/t silver, and 0.05% lead (1.02% CuEq). A higher-grade subset was intersected from 56.59 to 58.52 metres, grading 0.95% copper, 2.38 g/t gold, 1.95% zinc, 55.9 g/t silver and 0.14% lead (3.31% CuEq). Semi-massive to massive sulphide mineralization was intersected from 64.45 to 81.31 metres, grading 3.38% copper, 8.07 g/t gold, 8.46% zinc, 138.6 g/t silver and 0.81% lead (11.55% CuEq). Two higher-grade subsets occur in this intercept, from 64.45 to 65.89 metres and then from 69.68 to 81.31 metres. The first intercept is semi-massive sulphide mineralization grading 5.87% copper, 24.56 g/t gold, 8.94% zinc, 339.5 g/t silver and 0.49% lead (24.86% CuEq). The second intercept is massive sulphide mineralization grading 3.87% copper, 7.04 g/t gold, 9.68% zinc, 120.5 g/t silver and 0.87% lead (11.68% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq (1) (%) | Approx. True Thickness (m) |
CURI-378 | 50.57 | 58.52 | 7.95 | 0.31 | 0.68 | 0.68 | 16.7 | 0.05 | 1.02 | 5.17 |
Including | 56.59 | 58.52 | 1.93 | 0.95 | 2.38 | 1.95 | 55.9 | 0.14 | 3.31 | 1.25 |
64.45 | 81.31 | 16.86 | 3.38 | 8.07 | 8.46 | 138.6 | 0.81 | 11.55 | 10.96 | |
Including | 64.45 | 65.89 | 1.44 | 5.87 | 24.56 | 8.94 | 339.5 | 0.49 | 24.86 | 0.94 |
including | 69.68 | 81.31 | 11.63 | 3.87 | 7.04 | 9.68 | 120.5 | 0.87 | 11.68 | 7.56 |
(2) | Metal equivalency based on |
CURI-379 intersected mineralized grainstone with massive sulphide clasts in the immediate hanging wall of the massive sulphide from 111.24 to 119.35 metres, grading 0.03% copper, 1.37 g/t gold, 0.05% zinc, 5.1 g/t silver, and 0.01% lead (0.85% CuEq). The drill hole intersected two intervals of massive sulphide mineralization, first from 119.35 to 132.75 metres, grading 2.59% copper, 1.55 g/t gold, 0.46% zinc, 11.5 g/t silver, and 0.03% lead (3.68% CuEq) with a higher-grade subset from 126.38 to 131.00 metres, grading 3.71% copper, 1.70 g/t gold, 0.50% zinc, 15.0 g/t silver and 0.04% lead (4.92% CuEq). The second intercept of massive sulphide mineralization occurs from 141.00 to 143.87 metres, grading 5.71% copper, 0.97 g/t gold, 0.09% zinc, 12.2 g/t silver and 0.03% lead (6.38% CuEq). Between the two massive sulphide intercepts is a section of mineralized felsic autoclastic volcanic rocks was intersected from 132.75 to 141.00 metres, grading 0.16% copper, 1.22 g/t gold, 0.08% zinc, 3.6 g/t silver, and 0.01% lead (0.89% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq (1) (%) | Approx. True |
CURI-379 | 111.24 | 119.35 | 8.11 | 0.03 | 1.37 | 0.05 | 5.1 | 0.01 | 0.85 | 5.27 |
119.35 | 132.75 | 13.40 | 2.59 | 1.55 | 0.46 | 11.5 | 0.03 | 3.68 | 8.71 | |
including | 119.35 | 120.35 | 1.00 | 11.35 | 3.41 | 0.19 | 21.7 | 0.04 | 13.47 | 0.65 |
including | 126.38 | 131.00 | 4.62 | 3.71 | 1.70 | 0.50 | 15.0 | 0.04 | 4.92 | 3.00 |
including | 132.75 | 141.00 | 8.25 | 0.16 | 1.22 | 0.08 | 3.6 | 0.01 | 0.89 | 5.36 |
141.00 | 143.87 | 2.87 | 5.71 | 0.97 | 0.09 | 12.2 | 0.03 | 6.38 | 1.87 |
(3) | Metal equivalency based on |
CURI-390 intersected mineralized grainstone with massive sulphide clasts in the immediate hanging wall of the semi-massive to massive sulphide from 95.07 to 99.80 metres, grading 0.04% copper, 1.10 g/t gold, 0.04% zinc, 7.8 g/t silver, and 0.02% lead (0.73% CuEq). Massive sulphide mineralization was intersected from 99.80 to 111.70 metres, grading 3.97% copper, 5.65 g/t gold, 4.59% zinc, 85.9 g/t silver and 0.41% lead (9.18% CuEq). A higher-grade subset occurs from 99.80 to 101.60 metres, grading 6.50% copper, 22.68 g/t gold, 18.76% zinc, 388.2 g/t silver and 2.13% lead (28.00% CuEq). A section of mineralized footwall felsic autoclastic volcanic rocks was intersected from 111.70 to 137.70 metres, grading 0.19% copper, 0.48 g/t gold, 0.09% zinc, and 5.3 g/t silver and 0.01% lead (0.52% CuEq). A higher-grade subset occurs from 111.70 to 120.00 metres, grading 0.34% copper, 1.01 g/t gold, 0.26% zinc, 10.0 g/t silver and 0.02% lead (1.06% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq (1) (%) | Approx. True |
CURI-390 | 95.07 | 99.80 | 4.73 | 0.04 | 1.10 | 0.04 | 7.8 | 0.02 | 0.73 | 3.07 |
99.80 | 111.70 | 11.90 | 3.97 | 5.65 | 4.59 | 85.9 | 0.41 | 9.18 | 7.74 | |
including | 99.80 | 101.60 | 1.80 | 6.50 | 22.68 | 18.76 | 388.2 | 2.13 | 28.00 | 1.17 |
111.70 | 137.70 | 26.00 | 0.19 | 0.48 | 0.09 | 5.3 | 0.01 | 0.52 | 16.90 | |
including | 111.70 | 120.00 | 8.30 | 0.34 | 1.01 | 0.26 | 10.0 | 0.02 | 1.06 | 5.40 |
(4) | Metal equivalency based on |
CURI-391 intersected semi-massive sulphide mineralization from 52.50 to 53.80 metres, grading 1.89% copper, 2.53 g/t gold, 19.54% zinc, 90.0 g/t silver, and 0.44% lead (9.68% CuEq). A section of weakly mineralized footwall felsic autoclastic volcanic rocks was intersected from 53.80 metres to 70.60 metres, grading 0.05% copper, 0.18 g/t gold, 0.38% zinc, and 5.0 g/t silver, and 0.04% lead (0.31% CuEq).
Drill Hole
| From (m) | To (m) | Thickness (m) | Cu (%) | Au (g/t) | Zn (%) | Ag (g/t) | Pb (%) | CuEq (1) (%) | Approx. True Thickness (m) |
CURI-391 | 52.50 | 53.80 | 1.30 | 1.89 | 2.53 | 19.54 | 90.0 | 0.44 | 9.68 | 0.85 |
53.80 | 70.60 | 16.80 | 0.05 | 0.18 | 0.38 | 5.0 | 0.04 | 0.31 | 10.92 |
(5) | Metal equivalency based on |
Drill holes CURI-371, CURI-375, CURI-376, CURI-380 and CURI-383 were designed for collection of geomechanical data to assist in future mine planning, as part of the ongoing feasibility study. Drill hole CURI-388 intersected a low-grade section of footwall mineralized felsic autoclastic volcanic rocks 102.04 to 112.39 metres, grading 0.04% copper, 0.17 g/t gold, 0.09% zinc, 4.0 g/t silver and 0.02% lead (0.21% CuEq) for an approximate true thickness of 6.73 metres.
All results from the completed infill definition drilling program are to be used in updating the Mineral Resource estimate for
For reference, the last NI 43-101 Mineral Resource estimate for
Curipamba – Regional Exploration Drilling Program Update
Upon completion of infill and geomechanical drilling required to support the ongoing Feasibility Study with a Mineral Resource estimate update and the provision of metallurgical samples (see
The regional exploration drilling program started in
Analytical results from the regional exploration drill holes will be released when they pass internal QAQC procedures. Figure 2 illustrates the drill locations for the results of the five drill holes outlined in this news release and the holes currently in the assay lab, or in progress. Drill collar location coordinates are summarized for the regional exploration drilling program in Table 2 at the end of this news release.
Technical Information and QAQC
The Curipamba project work program is being managed and reviewed by Vice President Exploration,
Qualified Person
The technical information of this news release has been reviewed and verified as accurate by Mr.
About Adventus
About Salazar
Neither the
This press release contains "forward -looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.
Forward-looking information herein includes, but is not limited to, statements that address activities, events, or developments that Adventus and Salazar expect or anticipate will or may occur in the future. Although Adventus and Salazar have attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Adventus and Salazar undertake to update any forward-looking information except in accordance with applicable securities laws.
Table 1: Drill Collar Information for Infill Drill Holes at El Domo
Hole ID | EAST | NORTH | ELEV | AZIMUTH | DIP | DEPTH | COMMENT |
CURI-391 | 655001 | 9854898 | 882 | 165 | -65 | 70.6 | Successfully completed per design |
CURI-390 | 695109 | 9855451 | 953 | 170 | -79 | 137.7 | Successfully completed per design |
CURI-389 | 694999 | 9855351 | 908 | 338 | -70 | 64.5 | Successfully completed per design |
CURI-388 | 695051 | 9855474 | 930 | 165 | -50.6 | 143.0 | Successfully completed per design |
CURI-387 | 695051 | 9855474 | 930 | 26 | -49 | 112.3 | Successfully completed per design |
CURI-386 | 695100 | 9855600 | 943 | 230 | -65 | 90.2 | Successfully completed per design |
CURI-385 | 695094 | 9855482 | 940 | 45 | -54 | 128.0 | Successfully completed per design |
CURI-384 | 695054 | 9855642 | 923 | 136 | -54 | 110.6 | Successfully completed per design |
CURI-383(1) | 695373 | 9855400 | 995 | 270 | -65 | 210.4 | Successfully completed per design |
CURI-382 | 695094 | 9855482 | 940 | 64 | -48 | 156.5 | Successfully completed per design |
CURI-381 | 695214 | 9855602 | 949 | 197 | -57 | 154.4 | Successfully completed per design |
CURI-380(1) | 695375 | 9855000 | 1030 | 270 | -70 | 250.1 | Successfully completed per design |
CURI-379 | 695094 | 9855482 | 940 | 167 | -48 | 153.8 | Successfully completed per design |
CURI-378 | 695054 | 9855122 | 893 | 181 | -57 | 113.1 | Successfully completed per design |
CURI-377 | 695054 | 9855122 | 893 | 55 | -51 | 92.3 | Successfully completed per design |
CURI-376(1) | 695361 | 9855100 | 1087 | 270 | -70 | 275.4 | Successfully completed per design |
CURI-375(1) | 695333 | 9855200 | 1057 | 270 | -75 | 250.1 | Successfully completed per design |
CURI-374 | 695006 | 9855134 | 883 | 296 | -45 | 120.6 | Successfully completed per design |
CURI-373 | 695094 | 9855482 | 940 | 103 | -48 | 197.0 | Successfully completed per design |
CURI-372 | 695041 | 9854913 | 888 | 38 | -45 | 106.3 | Successfully completed per design |
CURI-371(1) | 695399 | 9855298 | 1016 | 270 | -65 | 225.7 | Successfully completed per design |
CURI-370 | 695040 | 9854913 | 888 | 231 | -74 | 86.2 | Successfully completed per design |
CURI-369 | 695094 | 9855482 | 940 | 142 | -48 | 168.7 | Successfully completed per design |
CURI-368 | 695041 | 9854913 | 888 | 331 | -58 | 113.6 | Successfully completed per design |
CURI-367 | 695006 | 9855134 | 883 | 196 | -45 | 102.2 | Successfully completed per design |
CURI-366 | 694975 | 9854918 | 872 | 186 | -72 | 74.5 | Successfully completed per design |
CURI-365 | 694934 | 9855242 | 874 | 151 | -72 | 69.5 | Successfully completed per design |
CURI-364-A | 695131 | 9855402 | 946 | 108 | -60 | 121.8 | Successful but lost in fault zone |
CURI-364 | 695134 | 9855402 | 946 | 108 | -60 | 130.4 | Successful but lost in fault zone |
CURI-363 | 694934 | 9855242 | 874 | 180 | -54 | 95.0 | Successfully completed per design |
CURI-362 | 694975 | 9854918 | 872 | 288 | -61 | 88.9 | Successfully completed per design |
CURI-361 | 695134 | 9855402 | 946 | 75 | -54 | 172.8 | Successfully completed per design |
CURI-360 | 694934 | 9855242 | 874 | 25 | -48 | 83.0 | Successfully completed per design |
CURI-359 | 695006 | 9855134 | 883 | 349 | -69 | 86.5 | Successfully completed per design |
CURI-358 | 694934 | 9855082 | 867 | 255 | -54 | 113.0 | Successfully completed per design |
CURI-357 | 695057 | 9855149 | 894 | 229 | -74 | 105.0 | Successfully completed per design |
CURI-356 | 695006 | 9855134 | 883 | 241 | -77 | 110.6 | Successfully completed per design |
CURI-355 | 695057 | 9855149 | 894 | 36 | -45 | 86.3 | Successfully completed per design |
CURI-354 | 695057 | 9855149 | 894 | 55 | -54 | 81.0 | Successfully completed per design |
CURI-353 | 695094 | 9855122 | 908 | 192 | -45 | 97.4 | Successfully completed per design |
CURI-352 | 695057 | 9855149 | 894 | 306 | -77 | 78.0 | Successfully completed per design |
CURI-351 | 695057 | 9855149 | 894 | 338 | -59 | 77.0 | Successfully completed per design |
CURI-350 | 695094 | 9855122 | 908 | 180 | -57 | 85.7 | Successfully completed per design |
CURI-349 | 695094 | 9855122 | 908 | 263 | -51 | 130.2 | Successfully completed per design |
CURI-348 | 695094 | 9855082 | 910 | 276 | -45 | 135.1 | Successfully completed per design |
CURI-347 | 695094 | 9855082 | 910 | 105 | -54 | 91.0 | Successfully completed per design |
CURI-346 | 695094 | 9855082 | 910 | 52 | -69 | 83.4 | Successfully completed per design |
CURI-345 | 695094 | 9855082 | 910 | 142 | -48 | 95.7 | Successfully completed per design |
CURI-344 | 695094 | 9855082 | 910 | 360 | -60 | 84.1 | Successfully completed per design |
CURI-343 | 695094 | 9855082 | 910 | 192 | -45 | 142.0 | Successfully completed per design |
CURI-342 | 695041 | 9854913 | 888 | 346 | -45 | 137.1 | Successfully completed per design |
CURI-341 | 695134 | 9854922 | 917 | 360 | -60 | 117.4 | Successfully completed per design |
CURI-340 | 695134 | 9854922 | 917 | 360 | -45 | 149.0 | Successfully completed per design |
Notes: | |
(1) | Geomechanical drill hole for open pit engineering design purposes only; being drilled in addition to the Infill program |
(2) | All drill holes are surveyed in UTM Datum (Provisional South American 1956, Zone 17) |
Table 2: Drill Collar Information for Regional Exploration Drill Holes at
Hole ID | EAST | NORTH | ELEV | AZIMUTH | DIP | DEPTH | COMMENT |
CREG-005 | 696632 | 9854780 | 954 | 270 | -70 | N/A | Successfully completed; La Vaquera |
CREG-004 | 696772 | 9855091 | 994 | 270 | -75 | 398.0 | Successfully completed; La Vaquera |
CREG-003 | 692355 | 9849275 | 472 | 160 | -60 | 429.0 | Successfully completed; Sesmo Sur |
CREG-002 | 690855 | 9848700 | 528 | 270 | -60 | 554.3 | Successfully completed; El Panecillo |
CREG-001 | 690518 | 9848536 | 544 | 270 | -60 | 457.8 | In Progress; El Panecillo |
Notes: | |
(1) | All drill holes are surveyed in UTM Datum (Provisional South American 1956, Zone 17) |
SOURCE
© Canada Newswire, source