Silver Viper intercepts 10,681 g/t silver and 738 g/t gold interval at La Virginia
The company said that the drillhole LV21-289 intercepts 130 metres (80.08 metres estimated true width) of silver-gold mineralization averaging 18 g/t silver and 0.69 g/t gold before cutting an additional 19.3 metres (11.89 metres estimated true width) averaging 363 g/t silver and 21.2 g/t gold in the deepest hit on the El Rubi structure to date.
Silver Viper added that individual sample #21699 returns 10,681 g/t silver and 738 g/t gold over 0.5 metres core length (0.31 metres estimated true width). In addition, this same interval returned an unprecedented 6.74% Pb and 7.11% Zn, marking the first time high-grade base metals have been reported from El Rubi. The current results are being incorporated into the wireframe modelling of the mineralization.
President and CEO Steve Cope commented, "Hole LV21-289 really is an eye opener as to the ultimate potential of this project. Obviously, the presence of spectacular grades deep in the hole will grab the markets' attention, but beyond that, it is the deepest and widest high-grade intercept to date on the El Rubi structure which is very encouraging. We look forward to continuing to release results from El Rubi and are excited about the upcoming catalyst of a maiden resource on the project."
Silver Viper Minerals is a Canadian-based junior mineral exploration company focused on precious metals exploration in the northwestern Mexican state of Sonora. The company currently operates the La Virginia gold-silver project.