- Pantera Silver (PNTR) has commenced diamond core drilling at its Nuevo Taxco Silver Project
- The Nuevo Taxco Silver Project is located in the Pregones Mining District of Guerrero State, historically known as the “Silver Capital of the World”
- Drilling will be completed in stages for up to 2,000 meters
- Pantera Silver Corp. is a mineral exploration company
- Pantera Silver Corp. (PNTR) is unchanged on the day, trading at C$0.27 per share at 10:55 am EST
Pantera Silver (PNTR) has commenced diamond core drilling at its Nuevo Taxco Silver Project.
The Nuevo Taxco Silver Project is located in the Pregones Mining District of Guerrero State, Mexico approximately 40 km northwest of the municipality of Taxco which is historically known as the “Silver Capital of the World”.
The first phase of this maiden exploration drill program will be for up to 2,000 meters. Drilling will be completed in stages of approximately 500-600 metres per stage with each stage being assayed and analyzed before commencing the next stage of drilling. Drill holes will be from approximately 50 to 150 meters in depth.
Pantera CEO, Jay Roberge commented on the drilling program.
“We are very pleased to commence drilling and to apply modern geological science to the rich history of this very prospective target area. Our staged approach to drilling has been proven effective by other programs in the region and is the preferred strategy for advancing the project. We are grateful to be given the opportunity to work in this historical district of Mexico, and for the strong support and assistance of the local communities.”
Nuevo Taxco property highlights
- Twenty-one high grade veins mapped and sampled within a ~135 hectare area of the property.
- Samples taken to date have returned assays ranging from 100g/tonne to over 1,000 g/t silver
- The entire ~1,100 hectare property is considered substantively unexplored offering strong exploration potential.
Pantera Silver Corp. is a mineral exploration company that manages a diverse portfolio of mineral projects through collaborative partnerships and highly experienced technical teams.
Pantera Silver Corp. (PNTR) is unchanged on the day, trading at C$0.27 per share at 10:55 am EST.