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Masivo Silver Corp (2)
Symbol MASS
Shares Issued 21,907,487
Close 2024-05-14 C$ 0.10
Market Cap C$ 2,190,749
Recent Sedar Documents

Masivo Silver to begin drilling Boston mine May 20

2024-05-14 16:51 ET - News Release

Mr. David Coburn reports

MASIVO TO RESUME DRILLING PROGRAM IN NEVADA

On the week of May 20, Masivo Silver Corp. will commence drilling operations at the Boston mine, Masivo's high-grade gold, silver and copper project in Elko county in the state of Nevada. Masivo s exploration team and drilling crew has arrived in Elko county and currently servicing drilling equipment and supplies for a successful drill program.

Drilling operations will begin with completing previously drilled hole No. 2, which, after its results, Masivo's technical and exploration team decided to drill a 150-foot extension to test additional projected mineralized targets at a greater depth.

Nevada drill program highlights

The Boston mine area drilling program will comprise eight holes totalling approximately 1,000 metres to test the main mineralized zones, as well as historical induced polarization (IP) anomalies.

  • Boston mine patent four holes will test historic mineralization including the pre-Second World War high-grade producing area. An additional report stated that there was a six-inch vein at this same depth that assayed 10,885 grams per tonne silver (that is, more than 1 per cent). These reports are not compliant with National Instrument 43-101 reporting standards and all numbers quoted should be considered as historic.
  • IP anomalies -- at least four holes are planned to test historical IP anomalies that are interpreted to reflect sulphide mineralization that is part of the skarn geology. Based upon the results, a decision will be made as to expanding the IP survey over the rest of the property.

About Masivo Silver Corp.

Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the state of Nevada, United States, and in the state of Sinaloa, Mexico. The company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day.

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