PriceSensitive

Xtierra (TSXV:XAG) announces drill results on the Victor Vein

Mining
TSXV:XAG
26 February 2021 13:45 (EDT)

Xtierra (XAG) announces positive and consistent drill results on the Victor Vein.

Results cover two drill holes of a five-hole program totaling 1800 metres with high-grade silver mineralization West of the main Bilbao deposit. The third hole was 459.05 metres in length with 97% core recovery and intersected six different levels of silver/base metal mineralization.

The fourth hole was 308.7 metres with core recovery of 93% and intersected silver, lead, zinc and copper.

Commenting on the results, Xtierra President Tim Gallagher said,

“The drill results on the first four holes are consistent with our expectations and demonstrate the continuity of the mineralization within the Victor Vein, which should improve the economics of the Bilbao deposit, especially with the much-improved outlook for silver prices, approaching the US$30 per ounce level.”

Scientific and technical information was prepared by or under the supervision of Gerry J. Gauthier, P. Eng., a director and former president of Xtierra.

Xtierra is a natural resource company with precious and base metal mineral properties in the Central Silver Belt of Mexico in the state of Zacatecas.

Xtierra (XAG) is trading flat at C$0.165 as of 1:19 pm EST.

Related News