- Silver Grail is actively drilling at its Ram property in B.C.’s Golden Triangle, targeting two newly discovered zones—Malachite (porphyry copper-gold) and Mitch (VMS copper-gold-silver)—with approximately 900 metres drilled to date
- Early sampling results show promising mineralization, including up to 2.33 g/t gold and 5.78 per cent copper in Malachite, and up to 7.01 g/t gold, 58.63 g/t silver, and 8.24 per cent copper in Mitch
- An IP geophysical survey is planned for the Clone property in September, aiming to test porphyry copper-gold potential in a newly identified zone with high-grade gold and anomalous geochemical signatures
- Silver Grail Resources stock (TSX-V: SVG) opened trading at $0.12
Silver Grail Resources (TSXV:SVG) has announced active drilling operations at its Ram property, located in the prolific southern Golden Triangle of British Columbia. Via a media release, the team stated that the program is targeting two newly discovered mineralized zones—Malachite and Mitch—identified in 2024 and exhibiting characteristics of both porphyry copper-gold and volcanogenic massive sulfide (VMS) systems.
This content has been prepared as part of a partnership with Silver Grail Resources Ltd. and is intended for informational purposes only.
Jointly owned with Teuton Resources Corp. (TSXV:TUO), the Ram property is strategically positioned within a region experiencing renewed exploration momentum, spurred by recent discoveries from Goliath Resources and Dolly Varden Silver. Silver Grail’s longstanding land position, with claims staked over three decades ago, now sits as key exploration targets within Goliath’s expanded holdings.
Dual discovery zones: Malachite and Mitch
The Malachite zone, a 450m x 150m porphyritic outcrop, has shown promising surface sampling results with widespread malachite staining and magnetite veinlets. Highlights include:
- Sample C009921: 2.33 g/t Au, 5.78 per cent Cu
- Sample Q310429: 1.27 g/t Au, 2.94 per cent Cu
Average values from 35 grab samples indicate 0.35 g/t gold and 0.59 per cent copper, while channel sampling returned averages of 0.23 g/t gold and 0.39 per cent copper.
The Mitch zone, located 500m southwest of Malachite, features en-echelon massive sulfide stringers and high-grade mineralization:
- Sample 711540: 7.01 g/t Au, 3.58 g/t Ag, 0.11 per cent Cu
- Sample H226985: 0.75 g/t Au, 117 g/t Ag, 8.24 per cent Cu
- Sample Q310447: 1.95 g/t Au, 58.63 g/t Ag, 5.03 per cent Cu
Grab samples from Mitch averaged 0.82 g/t gold, 5.90 g/t silver, and 0.30 per cent copper.
Geological significance
The Ram property hosts a complex geological setting with Upper Triassic Stuhini and Lower Jurassic Hazelton sequences intruded by early Jurassic porphyries. This environment is conducive to multiple deposit types, including Red Mountain-style high-grade gold mineralization.
The Mitch zone lies within a magnetic anomaly consistent with porphyry-related alteration, further supporting the dual mineralization model.
Exploration strategy and upcoming work
Drilling at Ram is progressing well, with approximately 900 metres completed to date. The program is supported by Hy-Torque Drilling Ltd., with helicopter logistics provided by Kestrel Helicopters and Tseax Aviation/Yellowhead Helicopters.
Looking ahead, Silver Grail plans to initiate a four-line IP geophysical survey at the Clone property in September, (if the weather holds up and personnel are available). The Clone, also jointly owned with Teuton, has shown promising copper-gold anomalies and high-grade gold values up to 93.7 g/t in recent surface sampling.
Geochemical signatures including anomalous bismuth, molybdenum, and tungsten suggest a nearby intrusive source, potentially linked to Eocene-age dykes similar to those at Goliath’s Golddigger discovery.
About Silver Grail Resources
Silver Grail Resources Ltd. is an exploration stage company and is in the business of acquiring, exploring, and dealing in mineral properties in British Columbia. It jointly conducts business and exploration activities with Teuton Resources Corp.
Silver Grail Resources stock (TSX-V: SVG) opened trading more than 4 per cent higher at $0.12.
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