Tag: silver

Eloro Resources Intersects 279.22 g Ag/t, 0.47% Pb and 0.43% Sn (339.82g Ag eq/t) over 62.84m in Definition Drilling at the Iska Iska Project, Potosi Department, Southwestern Bolivia

Hole DSB-61 above also returned other well mineralized intersections as follows: 33.83 g Ag/t, 1.53% Zn, 0.93% Pb and 0.14% Sn (130.88g Ag eq/t) over 178.99m including 120.37 g Ag/t, 2.13% Zn, 1.57% Pb and 0.19% Sn (252.19g Ag eq/t) over 18.25m,175.23 g Ag/t, 2.44% Zn, 0.56% Pb and 0.12% Sn (275.45g Ag eq/t) over 9.11m and 17.03 g Ag/t, 4.13% Zn, 1.30% Pb and 0.15% Sn (217.71g Ag eq/t) over 19.48mm Significant results from additional definition drill holes include: 51.19g Ag/t, 0.75% Zn and 0.44% Pb (98.85g Ag eq/t) over 55.93m including 31.65g Ag/t, 3.19% Zn, 1.21% Pb and 0.19% Sn (203.15 g Ag eq/t) over 10.55m and 192.2 g Ag/t (178.76 g Ag eq/t) over 7.46m (DSB-59) 43.68 g Ag/t, 0.42% Zn, and 0.38% Pb (71.70g Ag eq/t) over 74.53m, 132.33 g Ag/t, 0.23% Zn and 0.25% Pb (136.70 g Ag eq/t) over 15.14m and 55.25 g Ag/t, 0.96% Zn, 0.83% Pb and 0.26% Sn (149.47 g Ag eq/t) over 10.58m (DSB-57) 7.84g Ag/t, 1.51% Zn and 0.64% Pb (85.39g Ag eq/t) over 265.89m including 25.65 g Ag/t, 2.24% Zn and 1.77% Pb (160.16g Ag eq/t) over 45.23m and 110.92 g Ag/t (107.98 g Ag eq/t) over 21.25m (DSB-62) These latest drill hole results are most encouraging as they are demonstrating substantive higher-grade intervals, especially for silver, in the potential starter pit mineral resource area that may now be potentially upgraded and expanded.
MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen
Location Map of Definition Drill Holes, Santa Barbara, Iska Iska. Holes in this release are highlighted in yellow circles.

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce the first assay results from five (5) of the drill holes in its eleven (11) hole 5,267.7m definition drill program on the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. read more

Cartier Silver: High Grade Silver Closing in on Production in Bolivia

JayCurrie
Cartier Silver, CFE.C, silver, lead, zinc, Bolivia

Superficially, Cartier Silver (CFE.C) and Eloro Resources (ELO.T) look very similar. Same CEO, same management team, same geos, same tight share structure…silver in Bolivia! In fact, they are very different animals. Eloro’s Iska Iska deposit is a giant (over 670 million tons), silver plus tin plus zinc, polymetallic, project with complex geology and solid grades. Cartier’s Gonalbert property in the Chorrillos silver project is lower tonnage with but higher grades of silver-lead. read more

Cartier Reports High-Grade Silver, Lead and Zinc Values from Systematic Channel Sampling of the Underground Artisanal Workings at its Gonalbert Property, Southern Bolivia

Highlights from the Mina Central Adit include: 512.5 g Ag/t & 14% Pb over 58m strike & average width of 0.5m (Level -40). 132.40 g Ag/t & 7.1% Pb over 117m strike & average width of 0.4m (Level -40). 153.7g Ag/t & 7% Pb over 20m strike & average width of 0.9m (Level -60). 223.9 g Ag/t & 5.0% Pb over 30m strike & average width of 0.7m (Level -80). 239.5 g Ag/t & 11% Pb over 125m strike & average width of 0.9m (Level -100). 242.5 g Ag/t & 11% Pb over 164m strike & average width of 0.9m (Level -100) 343.2 g Ag/t & 15% Pb over 40m strike & average width of 0.8m (Level -100). Underground artisanal workings were sampled over a strike extent of 2km with results from 368 samples reported in eight principal artisanal working areas. Areas of potential high grade Ag mineralization targets outlined from underground channel sampling correlate very well with strong chargeability anomalies. A relatively strong chargeability anomaly extending northwards from the Mina Central area for approximately 700m is a prime target for further drilling. Previously reported Hole DGL-01 that intersected 49.19 g Ag/t, 1.35% Zn & 1.31% Pb over 44.76m tested a deeper strong chargeability anomaly below Mina Central confirming potential for wider zones of higher-grade Ag mineralization at Gonalbert.
MotherlodeTV
Geological plan map showing locations of principal underground workings sampling and the main potential high grade Ag mineralization targets as indicated by results of channel sampling of underground workings.

Cartier Silver Corporation (CSE: CFE) (“Cartier Silver” or the “Company”) is pleased to report results from an extensive underground channel sample in eight principal areas over a strike length of 2km on the Gonalbert property, Potosi Department, Bolivia. The Company also recently completed a 3-hole, 1,364.8m reconnaissance drill program to test geophysical and geological targets for epithermal Ag-Pb-Zn mineralization. Results from the final two holes are reported. read more

Eloro Resources Announces Commencement of Preliminary Economic Assessment (PEA) for Iska Iska Project, Potosi Department, Southwestern Bolivia

MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce commencement of a preliminary economic assessment (“PEA”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The PEA study will consider the inferred mineral resource estimate (“MRE”) of 560 million tonnes grading 13.8 g Ag/t, 0.73% Zn and 0.28% Pb in the Polymetallic (Ag-Zn-Pb) Domain and 110 million tonnes grading 0.12% Sn, 14.2 g Ag/t and 0.14% Pb in the Tin Domain (Sn-Ag-Pb). While the Polymetallic Domain and the Tin Domain do not overlap or share any resource blocks, for the purposes of the PEA the mineral resources within both domains will be combined. read more

Eloro Resources Announces Robust Initial Inferred Mineral Resource Estimate of 670 million tonnes containing 1.15 Billion In-situ Ounces Silver Equivalent for Iska Iska Project, Potosi Department, Southwestern Bolivia

Total in situ metal estimated to be 298 million ounces Ag, 4.09 million tonnes Zn, 1.74 million tonnes Pb and 130,000 tonnes Sn totalling 1.15 billion ounces silver equivalent. Due to the multi-metal nature of the deposit, the resources are reported using Net Smelter Return (NSR) cut-off values which are as follows: Polymetallic (Zn-Pb-Ag) domain = US$9.20/t for open pit (OP) and US$34.00/t for underground (UG) mining; Tin (Sn-Ag-Pb) domain = US$6.00/t for OP mining. Costs have been significantly reduced due to the major impact of the positive “ore-sorting” tests. Potentially open pittable inferred mineral resource in Polymetallic Domain (Zn-Pb-Ag) of 541 million tonnes at 0.69% Zn, 0.28% Pb and 13.6 g Ag/t for an NSR value of US$20.32/t at a cutoff of US$9.20/t. Includes higher grade near surface inferred mineral resource of 132 million tonnes at 1.11% Zn, 0.50% Pb and 24.3 g Ag/t for an NSR value of US$34.50 at an NSR cutoff of US$25/t. Potentially open pittable inferred mineral resource in the Tin Domain of 110 million tonnes at 0.12% Sn, 0.14% Pb and 14.2 g Ag/t for an NSR value of US$12.22/t at an NSR cutoff of US$6.00 per tonne. Potential underground inferred mineral resource in the Polymetallic Domain of 19 million tonnes at 1.88% Zn, 0.36% Pb and 18.8 g Ag/t with an NSR value of US$42.23 at a cutoff grade of US$34.40. Total inferred mineral resource, 97% of which is potentially open pittable, is 670 million tonnes at an NSR of $19.62. Potential open pit is 1.4km in diameter, extends to a maximum depth of 750m below the Santa Barbara hill and has a stripping ratio of 1:1. Resource estimate is based on 139 diamond drill holes totalling 96,386m. All holes intersected significant reportable mineralization and the deposit is open in all directions.
MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
3D Perspective of the Iska Iska Pit Constrained Resource Showing Distribution of Resource in Major Domains as of August 19, 2023.

Eloro Resources Ltd. (TSX;ELO OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce the inaugural mineral resource estimate (“MRE”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The MRE, as set out in Table 1 below, has been prepared by independent qualified persons (“QPs”) with Micon International Limited as defined under National Instrument 43-101 (“NI-43-101”). A Technical Report outlining the mineral resource estimation will be filed on Sedar within 45 days of the date of this release. read more

Denarius Metals Announces First Quarter 2023 Results

MotherlodeTV
Denarius Silver, DSLV.V, silver, Spain

Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) (“Denarius Metals” or “the Company”) announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2023. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR at www.sedar.com. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. read more

Denarius Metals Announces Final Drill Results from Completed Phase 2 In-Fill Drilling at Its Polymetallic Lomero Project in Spain, Including 10.25 Meters Grading 0.27% Copper, 4.79% Lead, 9.82% Zinc, 161 g/t Ag and 6.82 g/t Au

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Denarius Silver, DSLV.V, silver, Spain
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Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) (“Denarius Metals” or “the Company”) announced today that it has received the final assays for 42 drill holes, mainly in-fill holes, totaling approximately 13,225 meters, from the Phase 2 surface validation and in-fill drilling program on its polymetallic Lomero Project in southern Spain. To date, Denarius Metals has completed approximately 41,850 meters of drilling in 128 drill holes, including twinning of historical drill holes. The in-fill phase, totaling 23,920 meters and representing 57% of the total drilling program, is now complete. A final 4,000 meters validation drilling campaign, designed to finish verifying the high-grade underground drill holes drilled in the 1980s by Indumetal/Billiton, is in progress. The full drilling results will be incorporated into the geological model and will be integrated in the Mineral Resource Estimate (“MRE”) update to be completed in conjunction with a preliminary economic assessment (“PEA”) in the second half of 2023. read more

Cartier Silver Files NI 43-101 Technical Report by Micon for the Los Chorrillos (Gonalbert-Felizidad) Silver Project, Tupiza, Potosi Department, Southern Bolivia

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Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) is pleased to announce that the Company has filed on SEDAR an independent technical report (“Technical Report”) by Micon International Limited (“Micon”), prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“). This Technical Report, authored by Mr. Charley Murahwi, P.Geo., Pr. Sci. Nat., FAusIMM, of Micon, supports Cartier Silver’s planned exploration program at the Los Chorrillos (Gonalbert-Felizidad) Silver Project (“Los Chorrillos” or the “Project”), in the Potosí Department, southern Bolivia by Minera Cartier Bolivia S.R.L., Cartier Silver’s Bolivian subsidiary. The Technical Report will also be posted on the Company’s website, www.cartiersilvercorp.com. read more