Regency Silver Corp.has announced that hole REG-23-21 at its Dios Padre project in Mexico has intersected 54.65 metres (m) of 5.34 grams per tonne (g/t) gold, including 7.36 g/t over 38m in a 65m step-out along strike to the southeast from the discovery hole REG-22-01.
The gold-copper-silver exploration company said the mineralized breccia zone now has a confirmed strike extent of at least 180m and depth extent of at least 150m, and the breccia remains open both along strike and at depth.
"The gold breccia is a large, high grade gold zone," Regency Silver executive chairman Bruce Bragagnolo said in a statement.
"Consistently drilling into a mineralized zone as thick as an 18-story building builds our confidence that we can extend the high-grade core along strike with strong potential for continued high grade zones up-dip 400m toward the historic silver mine," he added.
Regency noted that high grade gold mineralization is hosted within the larger pyrite-specularite breccia body, while more gold-rich zones appear to be associated with areas of increased pyrite.
It added that high grade gold at this stage appears to be concentrated in the shallower (upper) portions of the breccia.
The 2023 drill campaign consisted of 6105.25m in 10 holes, according to the company.
Regency Silver is a gold-copper-silver exploration company focused on the Americas and is led by a team of experienced professionals with expertise in both exploration and production. Its flagship project is the Dios Padre gold-copper-silver project in Sonora, Mexico.
Contact Sean at sean@proactiveinvestors.com