- Masivo Silver Corp. (MASS) has drilled its first hole from the Phase I drill program at its Boston Mine Project
- The hole intercepted 55 feet of 0.99 per cent copper, 1.52 g/t gold and 40.25 g/t silver
- The core hole was drilled to a total depth of 252 feet under the portal of the Boston Mine where historic high-grade gold has been encountered close to bedding
- The hole targeted two projected parallel mineralized zones and encountered significant copper-gold-silver values
- The company plans to complete additional drilling in the Montgomery Tunnel target region next to the Boston Mine
- Shares of Masivo SIlver are down 23.08 per cent to C$0.15 as of 1:18 p.m. EDT
Masivo Silver (MASS) has completed its first hole from the Phase I drill program at its Boston Mine Project.
According to a press release, the hole intercepted 55 feet of 0.99 per cent copper, 1.52 g/t gold and 40.25 g/t silver.
The company said the core hole was drilled to a total depth of 252 feet under the portal of the Boston Mine where historic high-grade gold has been encountered close to bedding
Additionally, the hole targeted two projected parallel mineralized zones and encountered significant copper-gold-silver values.
Masivo silver said hole BM22-01 encountered two projected mineralized zones. Company geologists said hole BM22-01 indicated that Masivo Silver’s mineralization zone is accurate.
Meanwhile, core hole BM2-02 was designed to test the down-dip extension of mineralized zone “N”. Assay results from this hole are currently pending.
The company plans to complete additional drilling in the Montgomery Tunnel target region next to the Boston Mine.
Shares of Masivo SIlver (MASS) are down 23.08 per cent to C$0.15 as of 1:18 p.m. EDT