Metallic Screen Assays On Samples From Boston Mine
VANCOUVER - Masivo Silver Corp. has finished the drilling of hole No.6 at 279.9 feet with the objective of testing of the strong historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn geology, Masivo Silver has now commenced the drilling of hole No.7 targeting a depth of 280 feet with the objective to test the strong IP anomaly to the south of mine area.
Due to common observed presence of visible gold in the mineralized samples from the Boston Mine, Masivo is conducting metallic screen assays on samples for hole No.2 and No.3 that returned significant gold values. This is a common analytical practice where coarse gold can create a "nugget" effect that can both under and over estimate sample assay results.
Results from the first drill hole indicate that Masivo's geological model and projected target zones appear to be accurate. Hole No. 1 encountered two projected mineralized zones. Significant drill intercepts include 55 feet (drilled width) of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole. The company is currently analyzing several gold and silver opportunities in Mexico to possibly acquire in the future. The company also has a $75,000 drill and exploration credit to use in Mexico.