Adventus Mining Corporation (TSXV: ADZN) and Salazar Resources Limited (TSXV: SRL) announced this morning the drill results from the El Domo volcanogenic massive sulphide deposit within its Curipamba project in central Ecuador. The results highlighted intersecting 11.55% copper equivalent over 16.86 metres.
Highlights of the drill results announced today include:
- CURI-378: 11.55% CuEq (3.38% copper, 8.07 g/t gold, 8.46% zinc, 138.6 g/t silver, and 0.81% lead) over 16.86 metres
- CURI-377: 9.37% CuEq (6.37% copper, 2.42 g/t gold, 4.46% zinc, 41.8 g/t silver, and 0.24% lead) over 21.04 metres
- CURI-390: 9.18% CuEq (3.97% copper, 5.65 g/t gold, 4.59% zinc, 85.9 g/t silver, and 0.41% lead) over 11.90 metres
Drilling under the infill program is being conducted as a means of updating the mineral resource estimate for the deposit this year. The updated estimate is to be used in the feasibility study that is currently ongoing.
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The partnership also reported that it has budgeted a total of 4,000 metres for 2021 in restarting regional exploration drilling program on the El Panecillo target, approximately 1.5 kilometres east of El Domo. The program which started in October 2020 was temporarily suspended after no significant mineralization was encountered. The recommencement of the regional exploration drilling program started in late April 2021.
Full details of the drill results can be accessed here.
Adventus Mining Corporation last traded at $1.20, while Salazar Resources Limited last traded at $0.355 on the TSX Venture.
Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
