Lucky Minerals Inc.(TSXV:LKY) (OTC PINK:LKMNF) (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received assay results for trenches T-17, T-18 and T-19 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. This Cluster of trenches is located approximately 75 metres south of the combined trenches T-5 and T-6 where an average of 1.67 g/t gold was reported over 61 metres (please see November 9, 2021 News Release).read more
Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)
GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to confirm the extension of wide high-grade silver (Ag) mineralization from underground drilling in the San Marcial Area, at the Plomosas Project, Sinaloa, Mexico. These assay results are from three underground drill holes completed in 2021 and reinforce the widening of the mineral body at depth and along strike, supporting potential resource expansion. The successful eight-hole underground drill program confirmed a significant expansion of high-grade Ag mineralization approximately 300 m down dip below the lower limit of the pit-constrained San Marcial NI 43-101 (2019) mineral resource. High-grade drill hole SMI21-07 indicates extension of the Ag mineralization by almost 100 m down dip below previously released drill hole SMI21-04 (Figures 1 and 2) (see News Release dated January 31, 2022).read more
