When it comes to zacatecas silver announces results from rock chip sampling program at el cristo, zacatecas Silver Corp. has announced promising results from its rock-chip sampling program at the El Cristo property in Mexico. The company reported assay results from 124 rock-chip grab samples collected from waste dumps around 11 historical shafts, revealing 29 samples with silver equivalent grades exceeding 100 g/t. Among these, one sample reached a remarkable peak assay of 670 g/t Ag Eq.
Understanding Zacatecas Silver Announces Results From Rock Chip Sampling Program At El Cristo
The sampling program provided crucial data for future drilling operations, particularly in identifying areas with near-surface sulphide mineralization. The assay data displayed vein textures and sulphide geochemistry that included gold, silver, lead, zinc, and minor copper. These characteristics align with the typical features of silver-dominant, intermediate sulphidation vein systems, which usually extend vertically between 500 to 800 meters or more. However, Zacatecas Silver plans to concentrate its initial drilling efforts on the shallow extensions of these veins. Learn more on Investopedia.
Chief Geologist and Director Dr. Chris Wilson expressed optimism about the results, stating, "The results of the dump sampling program have demonstrated high silver and silver equivalent grades from multiple veins over a strike length of approximately 1.5 km. The assay results are especially significant, given rock chip samples were taken from dumps around the shallow historical shafts, which was material considered low grade by the historical miners. Moreover, a number of samples were extensively oxidized and leached." This highlights the potential for previously overlooked high-grade mineralization in the area.
Details on the Assay Results
The assay results have been calculated using specific metal prices - $24 per ounce for silver, $1,800 for gold, $1.81 per pound for zinc, and $0.90 per pound for lead. The metallurgical recoveries estimated for this calculation stand at 85% for silver and 90% for gold. Table 1 in the initial report outlines the detailed results of the rock-chip sampling program at El Cristo, underscoring the robustness of the findings.
Despite the limitations of sampling from historical mine dumps, the data collected has offered valuable insights for geological modeling and exploration strategies. The identification of high silver equivalent grades is a positive indicator for the future of the El Cristo project, suggesting that further exploration could yield significant findings.
Upcoming Drill Program at El Cristo
Zacatecas Silver is moving forward with its drilling plans, having completed the initial drill pads at El Cristo. The company anticipates that drilling will commence over the weekend, marking an important step in the exploration of this promising site. This drill program aims to confirm the presence of high-grade mineral resources suggested by the recent assay results.
The El Cristo property is strategically located 25 kilometers southeast of both MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine, making it an attractive area for further exploration. The neighboring properties of Defiance Silver and Endeavour Silver also highlight the significance of the region in the silver mining sector.
About Zacatecas Silver Corp.
Zacatecas Silver Corp. operates two key projects within Mexico: the Zacatecas Silver Project and the Esperanza Gold Project. The company is dedicated to exploring and developing these properties, which hold significant potential for silver and gold mining operations. The recent findings at El Cristo strengthen the company's position in the highly competitive precious metals market.
Dr. Chris Wilson, B.Sc. (Hons), PhD, FAusIMM (CP), FSEG, FGS, serves as the Chief Operating Officer and has reviewed and approved the technical information in this release. As a Qualified Person under the NI 43-101 standards, Dr. Wilson's insights lend weight to the findings reported by the company.
As Zacatecas Silver embarks on its drilling program at El Cristo, stakeholders are eager to see how the company can leverage these strong sampling results into actionable exploration strategies. The potential for high-grade silver and gold discoveries in this region may not only enhance the company's portfolio but also contribute to the broader mining landscape in Mexico.
Originally reported by Benzinga. View original.