Tocvan Samples High-Grade Gold and Silver 6-kilometers from Pilar Main Zone Returns up to 1,225 g/t Ag and 3.2 g/t Au - Seite 2

Foto: Accesswire

Figure 1. Pilar Project Planview map showing the southern block made up of the Pilar Main Zone and several parallel trends untested with coinciding active placer mining developments. The largest placer mining development is 2km to the northeast of Pilar and has seen no systematic modern exploration. To the north, a large alteration zone that spans 3.3 km by 1.5 km (North Alteration Zone) has returned high-grade gold and silver values in the first few sampling programs across the newly acquired area.

Summary of New Surface Discoveries:

1. Pilar Extension North and Northeast:
   1. Surface sampling returned 3.5 g/t Au and 645 g/t Ag
2. Placer Mining Corridors
   1. New 3-kilometer corridor with multiple target zones
3. New Surface Discovery in 3-kilometer long alteration zone returned:
   1. 2-meters of 5.6 g/t Au and 106 g/t Ag
   2. 0.2 g/t Au and 744 g/t Ag
   3. 3.2 g/t Au and 1,225 g/t Ag
   4. 0.3 g/t Au and 55 g/t Ag
   5. 0.1 g/t Au and 63 g/t Ag

Foto: Accesswire

Photos 1 & 2. Intense argillic and silica alteration of volcanic host rocks yielding high grade-gold and silver tied to recent artisanal workings in the newly acquired expansion area. Sample 334067 returned 1,225 g/t Ag, 3.2 g/t Au, 0.42% Cu, 3.4% Zn and >20% Pb.

About the Pilar Property

The Pilar Gold-Silver property has recently returned some of the regions best drill results. Coupled with encouraging gold and silver recovery results from metallurgical test work, Pilar is primed to be a potential near-term producer. Pilar is interpreted as a structurally controlled low-sulphidation epithermal system hosted in andesite rocks. Three primary zones of mineralization have been identified in the north-west part of the property from historic surface work and drilling and are referred to as the Main Zone, North Hill and 4-T. The Main Zone and 4-T trends are open to the southeast and new parallel zones have been recently discovered. Structural features and zones of mineralization within the structures follow an overall NW-SE trend of mineralization. Mineralization extends along a 1.2-km trend, only half of that trend has been drill tested so far. To date, over 23,000 m of drilling has been completed.