- Discovery Silver (DSV) has announced the results of 21 diamond drill holes at its flagship Cordero silver project
- So far, the company has drilled 56 holes in Phase 2 of its drill program, which targeted bulk-tonnage mineralization in the North Corridor
- Phase 2 drilling will continue throughout the upcoming year, focusing on three key areas
- Discovery Silver is an exploration and development company building a large-scale, high-margin silver asset in Mexico
- Discovery Silver (DSV) is currently down 3.50 per cent, trading at $1.93 per share
Discovery Silver (DSV) has announced the results of 21 diamond drill holes at its flagship Cordero silver project.
Drilling targeted bulk-tonnage mineralization in the North Corridor of the Cordero project, which is located in the prolific mining belt of Chihuahua State, Mexico.
So far, the company has drilled 56 holes in Phase 2 of its drill program, which followed the conclusion of a 178-hole Phase 1 program in April.
Highlights from Phase 2 drilling include grades of 448 g/t of silver equivalent over 46 metres.
Taj Singh, President and CEO of Discovery, commented on the results.
“Our drill results continue to reinforce the broad widths and excellent grades that characterize large areas of the Cordero deposit,” he said.
“Today’s results, along with the final assay results from our Phase 1 drill program, will be incorporated in our upcoming resource estimate due to be released later this quarter.”
Phase 2 drilling will continue throughout the upcoming year, focusing on three key areas:
- Upgrading inferred resources for inclusion in a pre feasibility study;
- Resource expansion of bulk-tonnage mineralization; and
- Testing of the width, grade and continuity of the extensive high-grade vein systems that transect the deposit
There are currently four drill rigs operating on site.
Discovery Silver is an exploration and development company building a large-scale, high-margin silver asset in Mexico.
Discovery Silver (DSV) is currently down 3.50 per cent, trading at $1.93 per share as of 11:39 am ET.