Next samples already in the lab
In preparation for the resumption of production at the La Parilla mine complex in Mexico, Silver Storm Mining (TSXV SVRS / WKN A3EWAU / FRA SVR) has commenced an initial drilling program at the project, the acquisition of which from First Majestic Silver was only completed in August. And just like a few weeks ago, CEO Greg McKenzie’s company can once again present strong results.
Among the highlights of the recently released drill results is certainly a wide interval of 14.8 meters averaging 500 g/t silver equivalent (Ag.Eq). This includes mineralization intervals of 650 g/t Ag.Eq over 7.14 metres and 607 g/t Ag.Eq over 4.36 metres. And particularly promising: 1,251 g/t Ag.Eq over 1.51 meters.
What is encouraging for Silver Storm and its plans to get La Parrilla up and running again in the foreseeable future is that these discoveries are only around 37 meters below the most recent mine development in the area under investigation – and should therefore be comparatively quick to reach. This was also an important point in the recently published results https://goldinvest.de/silver-storm-mining-erbohrt-hochgradige-vererzung-auf-la-parrilla/. Historic grab sampling in this area of the mine returned 329 g/t Ag.Eq over a strike length of 36 meters and a thickness of 1.13 meters. Further historical sampling returned 258 g/t Ag.Eq over a strike length of 28 meters and a thickness of 1.51 meters.
Additional good results:
– 802 g/t Ag.Eq over 1.11 meters,
– 281 g/t Ag.Eq over 0.45 meters and 126 g/t Ag.Eq over 1.00 meters in the C1524 zone and
– 506 g/t Ag.Eq over 0.68 meters in the Norte-Sur zone, 30 meters up-dip of a hole with 324 g/t Ag.Eq over 8.72 meters.
Summary: The Quebradillas mine continues to deliver, once again providing Silver Storm with high-grade silver equivalent grades in close proximity to existing underground developments and infrastructure. In addition, according to CEO McKenzie, mineralization in the C1524 zone appears to be intensifying at depth. The grades and thicknesses of the last two mining horizons have been exceeded. This is all good news for the company's efforts to restart the existing production infrastructure at La Parrilla. After 12 reported drill holes (3,227 meters of drilling), the results of ten further drill holes are still pending, which are already in the lab. As drilling at the Quebradillas mine will continue until Christmas and then resume at the Rosarios mine at the beginning of January, investors could be in for some additional nice treats in this respect. In any case, we are pleased that Silver Storm is now making faster progress again - and successfully so.
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