Regency Silver Corp. (TSX-V:RSMX, OTCQB:RSMXF) has announced that two follow up holes down-dip from hole REG -22-01 at its Dios Padre project in Mexico intersected sulphide-specularite supported breccia similar in nature to the breccia hosting gold-copper-silver mineralization in REG-22-01, which yielded 35.8 metres (m) of 6.8 grams per tonne (g/t) gold, 0.88% copper and 21.8 g/t silver along with 13.97 g/t gold, 50.3 g/t silver, and 1.1% copper over 9.8m.
The gold-copper-silver exploration company said three holes have been completed to date totaling 1,974m of drilling.
“The first three holes can only be described as a success. We now know that the breccia continues to depth and appears to be of similar quality to what we had in REG-22-01,” Regency Silver director and lead geologist Michael Tucker said in a statement.
READ: Regency Silver increases resource estimate at Dios Padre gold-copper-silver project in Mexico
“Our geologic understanding has increased significantly and our ability to target effectively in further step outs will only improve going forward,” Tucker added.
Regency Silver also noted that Hole 4 of the program is currently underway attempting to find continuity of the breccia 50m to the west.
As well, the company said the induced polarization (IP) program over Dios Padre is about 75% complete, with full results with interpretation anticipated before the end of March.
Regency Silver is a gold-copper-silver exploration company focused on the Americas. The company's flagship project is the Dios Padre gold-copper-silver project in Sonora, Mexico.
Contact Sean at sean@proactiveinvestors.com