Nevada Silver Corporation (TSX-V:NSC) said that it has received results from its 2021 diamond drill program at its wholly-owned Corcoran silver-gold project in Nevada, USA.
The Toronto-based company shared the highlights from five additional diamond drill holes, including a bonanza-grade silver interval of 3,470 grams per ton (g/t) silver and 0.96 g/t gold in a drill hole (between 117.41 meters and 118.55 meters) - the highest-grade silver result received to date for the 2021 drilling program, the company said.
"All holes cut thick zones of near-surface silver and gold and have confirmed the continuity of mineralization over a trend extending for many hundreds of meters,” Gary Lewis, Nevada Silver CEO, said in a statement.
He added: “The exceptional high silver grades in both CC21-02 and CC21-17 indicate widespread high values of silver with appreciable gold, relatively close to the surface. As geochemical results from the remaining holes are returned from the laboratory, we will have a much better idea of the orientation and continuity of structures which appear to host these bonanza grades."
READ: Nevada Silver unveils new drill results indicating wide intersections of mineralization at its Corcoran silver-gold project
One hole reported 62.29 meters (m) from 87.56m at 94 g/t silver equivalent (AgEq), 75 g/t silver, 0.25 g/t gold (Au).
Another contained 3.45m from 73.00m at 163 g/t AgEq (98 g/t Ag, 0.87 g/t Au). The others were 65.82m from 8.18 meters at 27 g/t AgEq (10g/t Ag, 0.23 g/t Au); and 42.97m from 59.55m at 56 g/t AgEq (30g/t Ag, 0.35g/t Au), respectively.
Drill hole location map of the Corcoran Ag-Au deposit showing completed NSC drill holes. New assay data for drill holes are highlighted in red.
The company said that the results are from finalized assay data in NSC's recently completed 3,040-meter drilling program at the outcropping epithermal Corcoran Silver-Gold deposit located 80 miles north of Tonapah in southern Nevada.
Assay results for the remaining nine holes of the 2021 drill program are expected during coming weeks and will be reported after they are received, the company said.
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