TORONTO, Oct. 17,
2022 /CNW/ - Adventus Mining Corporation
("Adventus Mining") (TSXV: ADZN) (OTCQX: ADVZF) and Salazar
Resources Limited ("Salazar") (TSXV: SRL) (OTCQB:
SRLZF) (collectively the "Participants") are pleased to
announce the first infill drilling results from the El Domo
volcanogenic massive sulphide deposit ("El Domo") located within
the 21,537-hectare Curipamba project in central Ecuador. The infill drilling program for the
underground portion of the Mineral Resource at El Domo, as
announced in the August 29, 2022
press release, continues with two diamond drill rigs. To date, 15
of 48 definition drill holes having been successfully completed
totaling 3,388 metres from the planned 12,000 metres, and two drill
holes in progress totaling a further 435 metres completed.
Separately, two geotechnical and two hydrogeological related drills
also continue to operate to support the detailed engineering for
the El Domo open pit.
Highlights – Drill Results from
the El Domo Deposit at Curipamba:
- CURI-394 intersected 6.91 metres of 3.00% copper, 1.55 g/t
gold, 7.64% zinc, 34.0 g/t silver, and 0.11% lead for 6.17% copper
equivalent – including 3.97 metres of 4.67% copper, 1.40 g/t gold,
11.87% zinc, 43.4 g/t silver, and 0.14% lead for 9.14% copper
equivalent ("CuEq")
- CURI-392 intersected 6.85 metres of 2.70% copper, 4.26 g/t
gold, 2.54% zinc, 70.5 g/t silver, and 0.40% lead for 5.38% CuEq –
including 1.88 metres of 9.02% copper, 10.10 g/t gold, 4.99% zinc,
172.5 g/t silver, and 0.36% lead for 14.51% CuEq
- CURI-393 intersected 5.42 metres of 2.18% copper, 1.12 g/t
gold, 5.93% zinc, 78.8 g/t silver, and 0.03% lead for 4.62% CuEq –
including 2.84 metres of 2.70% copper, 1.69 g/t gold, 10.73% zinc,
37.0 g/t silver, and 0.03% lead for 7.36% CuEq
Drill hole CURI-392 intersected a thick section of semi-massive
to massive sulphide from 175.72 to 182.57 metres, grading 2.70%
copper, 4.26 g/t gold, 2.54% zinc, 70.5 g/t silver, and 0.40% lead.
A higher-grade subset was intersected from 176.32 to 178.20,
grading 9.02% copper, 10.10 g/t gold, 4.99% zinc, 172.5 g/t silver,
and 0.36% lead. A pyrite- and gold-rich interval was intersected
from 180.26 to 182.57 metres, grading 0.18% coper, 2.43 g/t gold,
1.45% zinc, 40.8 g/t silver, and 0.33% lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Copper
Equivalency
(%) (1) (2)
|
Approx. True
Thickness (m)
|
CURI-392
|
175.72
|
182.57
|
6.85
|
2.70
|
4.26
|
2.54
|
70.5
|
0.40
|
5.38
|
6.17
|
including
|
176.32
|
178.20
|
1.88
|
9.02
|
10.10
|
4.99
|
172.5
|
0.36
|
14.51
|
1.69
|
including
|
180.26
|
182.57
|
2.31
|
0.18
|
2.43
|
1.45
|
40.8
|
0.33
|
2.20
|
2.08
|
|
|
(1)
|
Metal equivalency based
on US$3.43/lb Cu, US$1,676/oz Au, US$1.32/lb Zn, US$18.43/oz Ag and
US$0.93/lb Pb. Prices taken from 6-month contracts for precious
metals and 3-month contracts for base metals from the London Metal
Exchange, dated October 14, 2022.
|
(2)
|
Metal equivalency
adjusted for metal recoveries based on detailed metallurgical data
from Feasibility Study filed on SEDAR, effective data October 26,
2021. The report is titled – "NI 43-101 Technical Report,
Feasibility Study, Curipamba El Domo Project, Central
Ecuador".
|
|
|
CURI-393 intersected massive sulphide mineralization from 71.90
to 77.32 metres, grading 2.18% copper, 1.12 g/t gold, 5.93% zinc,
78.8 g/t silver and 0.03% lead. A higher-grade subset was
intersected from 74.48 to 77.32, grading 2.70% copper, 1.69 g/t
gold, 10.93% zinc, and 37.0 g/t silver and 0.03% lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Copper
Equivalency
(%)(1) (2)
|
Approx. True
Thickness (m)
|
CURI-393
|
71.90
|
77.32
|
5.42
|
2.18
|
1.12
|
5.93
|
78.8
|
0.03
|
4.62
|
4.07
|
including
|
74.48
|
77.32
|
2.84
|
2.70
|
1.69
|
10.73
|
37.0
|
0.03
|
7.36
|
2.13
|
|
|
(1)
|
Metal equivalency based
on US$3.43/lb Cu, US$1,676/oz Au, US$1.32/lb Zn, US$18.43/oz Ag and
US$0.93/lb Pb. Prices taken from 6-month contracts for precious
metals and 3-month contracts for base metals from the London Metal
Exchange, dated October 14, 2022.
|
(2)
|
Metal equivalency
adjusted for metal recoveries based on detailed metallurgical data
from Feasibility Study filed on SEDAR, effective data October 26,
2021. The report is titled – "NI 43-101 Technical Report,
Feasibility Study, Curipamba El Domo Project, Central
Ecuador".
|
|
|
Drill hole CURI-394 intersected semi-massive to massive sulphide
mineralization from 142.42 to 149.33 metres, grading 3.00% copper,
1.55 g/t gold, 7.64% zinc, 34.0 g/t silver, and 0.11% lead. A
higher-grade subsection occurs from 144.38 to 148.35 metres,
grading 4.67% copper, 1.40 g/t gold, 11.87% zinc, 43.4 g/t silver
and 0.14% lead. A section of mineralized footwall felsic
autoclastic volcanic rocks was intersected from 188.90 to 195.32
metres, grading 0.12% copper, 0.70 g/t gold, 0.25% zinc, and 11.3
g/t silver and 0.48% lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Copper
Equivalency
(%) (1) (2)
|
Approx. True
Thickness (m)
|
CURI-394
|
142.42
|
149.33
|
6.91
|
3.00
|
1.55
|
7.64
|
34.0
|
0.11
|
6.17
|
5.87
|
including
|
144.38
|
148.35
|
3.97
|
4.67
|
1.40
|
11.87
|
43.4
|
0.14
|
9.14
|
3.37
|
|
188.90
|
195.48
|
6.42
|
0.12
|
0.70
|
0.72
|
22.9
|
0.48
|
0.97
|
5.46
|
|
|
(1)
|
Metal equivalency based
on US$3.43/lb Cu, US$1,676/oz Au, US$1.32/lb Zn, US$18.43/oz Ag and
US$0.93/lb Pb. Prices taken from 6-month contracts for precious
metals and 3-month contracts for base metals from the London Metal
Exchange, dated October 14, 2022.
|
(2)
|
Metal equivalency
adjusted for metal recoveries based on detailed metallurgical data
from Feasibility Study filed on SEDAR, effective data October 26,
2021. The report is titled – "NI 43-101 Technical Report,
Feasibility Study, Curipamba El Domo Project, Central
Ecuador".
|
|
|
Drill hole CURI-396 intersected mineralized, tuff-sized volcanic
sediment that transitioned into semi-massive to massive sulphide
mineralization from 66.97 to 70.22 metres, grading 0.97% copper,
1.88 g/t gold, 3.78% zinc, 67.5 g/t silver, and 0.29% lead. A
higher-grade subsection occurs from 69.26 to 70.22 metres, grading
1.58% copper, 1.52 g/t gold, 7.55% zinc, 65.2 g/t silver and 0.24%
lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Copper
Equivalency
(%)(1) (2)
|
Approx. True
Thickness (m)
|
CURI-396
|
66.97
|
70.22
|
3.25
|
0.97
|
1.88
|
3.78
|
67.5
|
0.29
|
3.63
|
2.76
|
including
|
69.26
|
70.22
|
0.96
|
1.58
|
1.52
|
7.55
|
65.2
|
0.24
|
5.36
|
0.82
|
|
|
(1)
|
Metal equivalency based
on US$3.43/lb Cu, US$1,676.00/oz Au, US$1.32/lb Zn, US$18.43/oz Ag
and US$0.93/lb Pb. Prices taken from 6-month contracts for precious
metals and 3-month contracts for base metals from the London Metal
Exchange, dated October 14, 2022.
|
(2)
|
Metal equivalency
adjusted for metal recoveries based on detailed metallurgical data
from Feasibility Study filed on SEDAR, effective data October 26,
2021. The report is titled – "NI 43-101 Technical Report,
Feasibility Study, Curipamba El Domo Project, Central
Ecuador".
|
|
|
Drill hole CURI-395 was designed to test the outer margins of
the Indicated category material along a fault and to further assess
the underground development geology. This drill hole confirmed
modelling previously done in this portion of the deposit and
provides additional geological control for future modelling and
engineering studies. CURI-395 did not yield any substantial
results.
All results from the infill drilling program are to be used in
updating the underground portion of the Mineral Resource estimate
for El Domo in 2023, which will be part of a future feasibility
study that will integrate the development a potential underground
operation in addition to the planned open pit (see August 29, 2022 news release). Figure 1
illustrates the drill locations for the results of the five drill
holes outlined in this news release. Drill collar location
coordinates are summarized for the infill and geomechanical
drilling programs in Table 1 at the end of this news release.
For reference, the last Mineral Resource estimate completed in
accordance with NI 43-101 for El Domo was published as part of the
Feasibility Study report titled: "NI 43-101 Technical Report,
Feasibility Study, Curipamba El Domo Project, Central Ecuador", with an effective date
of October 26, 2021 on SEDAR.
Update on Agua Santa
Target
2021 regional drilling on the Agua Santa target, located 4.5
kilometres to the southwest of El Domo, successfully completed a
total of 2,818 metres in 11 drill holes (CREG-008 to CREG-018) in
the Agua Santa target area. VMS mineralization was identified in
several of the drill holes targeting a Mobile MT ("MMT") airborne
geophysical anomaly that coincided with both favourable geology and
surface geochemistry results from prospecting in nearby creek beds.
The Agua Santa target area remains one of the most prospective
volcanic environments outside of El Domo for identifying new VMS
occurrences, given that the first drill hole at Agua Santa,
CREG-008, intersected three separate intervals of semi-massive
sulphide to massive sulphide mineralization from 60.52 to 66.86
metres, grading 1.77% copper, 1.46 g/t gold, 7.45% zinc, 23.2 g/t
silver and 0.24% lead. The mineralization is hosted within variably
mineralized volcaniclastic rocks, noting the highly fragmental
appearance of the mineralization suggests it has been reworked from
a potential collapse of the massive sulphide lens downslope.
CREG-008 also had in the footwall several broad zones of pyritic
stringer stockwork in massive mafic volcanic rocks were observed
with focused hydrothermal alteration halos directly around the
mineralization (see October 18, 2021
news release).
Drill hole CREG-009 intersected two zones of disseminated to
semi-massive sulphide from 28.86 to 32.00 metres, and from 69.47 to
75.20 metres with only the second interval having any results from
72.27 to 75.20 metres, grading 0.25% copper, 0.13 g/t gold, and 0.7
g/t silver. Further down in the footwall there were three separate
intervals of low-grade pyritic stockwork. The first interval is
from 133.72 to 138.00 metres, grading 0.96% copper, 0.17 g/t gold
and 1.0 g/t silver. The second interval is from 152.72 to 154.81
metres, grading 0.55% copper, 0.04 g/t gold and 0.3 g/t silver. The
final interval is from 170.18 to 171.26 metres, grading 1.16%
copper, 0.05 g/t gold, and 1.4 g/t silver. None of the low-grade
stockwork occurrences had appreciable zinc or lead
mineralization.
CREG-010 intersected a wide, low-grade zone of heavily
disseminated to semi-massive sulphide mineralization from 41.00 to
52.04 metres. Mineralization yielding metal values occurs from
44.50 to 50.57 metres, grading 0.15% copper, 0.31 g/t gold, 0.37%
zinc, and 1.7 g/t silver. A higher-grade subset in the semi-massive
sulphide mineralization was intersected from 44.50 to 45.12 metres
0.88% copper, 1.32 g/t gold, 2.26% zinc, 14.8 g/t silver and 0.01%
lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Approx. True
Thickness (m)
|
CREG-010
|
44.50
|
50.57
|
6.07
|
0.15
|
0.31
|
0.37
|
1.7
|
0.00
|
TBD
|
including
|
44.50
|
45.12
|
0.62
|
0.88
|
1.32
|
2.26
|
14.8
|
0.01
|
TBD
|
|
|
(1)
|
This is an early-stage
exploration project, meaning geological modeling has not determined
the orientation of stratigraphy to accurately determine an
approximate true thickness for lithologies and
mineralization
|
|
|
Drill hole CREG-011 intersected numerous zones of heavily
disseminated to semi-massive and massive sulphide mineralization
between 29.75 to 52.30 metres. Given the nature of the
mineralization, it is likely these are fragments of mineralization
that were redeposited while the mineralizing, hydrothermal system
was still active. The main interval of semi-massive is from 40.35
to 43.70 metres, grading 0.76% copper, 1.39 g/t gold, 4.29% zinc,
12.5 g/t silver, and 0.17% lead. There are two higher-grade
subsections, the first occurring from 40.35 to 40.70 metres,
grading 4.76% copper, 0.51 g/t gold, 0.91% zinc, 28.0 g/t silver
and 0.03% lead, and the second occurring from 41.62 to 42.30
metres, grading 0.37% copper, 5.67 g/t gold, 19.92% zinc, 39.3 g/t
silver and 0.77% lead. A final mineralized interval in this wide
section of was intersected from 51.70 to 52.30 metres, grading
0.10% copper, 0.45 g/t gold, 0.66% zinc, 17.5 g/t silver and 0.12%
lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Approx. True
Thickness (m)
|
CREG-011
|
40.35
|
43.70
|
3.35
|
0.76
|
1.39
|
4.29
|
12.5
|
0.17
|
TBD
|
including
|
40.35
|
40.70
|
0.35
|
4.76
|
0.51
|
0.91
|
28.0
|
0.03
|
TBD
|
Including
|
41.62
|
42.30
|
0.68
|
0.37
|
5.67
|
19.92
|
39.3
|
0.77
|
TBD
|
|
51.70
|
52.30
|
0.60
|
0.10
|
0.45
|
0.66
|
17.5
|
0.12
|
TBD
|
|
|
(1)
|
This is an early-stage
exploration project, meaning geological modeling has not determined
the orientation of stratigraphy to accurately determine an
approximate true thickness for lithologies and
mineralization
|
|
|
Drill hole CREG-012 intersected a weakly mineralized,
epiclastic, lapilli-tuff-sized volcanic sediment that resembles the
Grainstone unit in the immediate hanging wall of El Domo.
This unit was intersected from 57.76 to 59.77 metres, grading 0.08%
copper, 0.74 g/t gold, 0.37% zinc, 5.6 g/t silver, and 0.02% lead.
Further downhole, a narrow zone of pyritic stockwork, locally
semi-massive sulphide, was intersected from 147.97 to 149.40
metres, grading 0.05% copper, 0.11 g/t gold, 0.42% zinc, 10.1 g/t
silver, and 0.13% lead.
Drill
Hole
|
From
(m)
|
To
(m)
|
Thickness
(m)
|
Cu
(%)
|
Au
(g/t)
|
Zn
(%)
|
Ag
(g/t)
|
Pb
(%)
|
Approx. True
Thickness (m)
|
CREG-012
|
57.76
|
59.77
|
2.01
|
0.08
|
0.74
|
0.37
|
5.6
|
0.02
|
TBD
|
|
147.97
|
149.40
|
1.43
|
0.05
|
011
|
0.42
|
10.1
|
0.13
|
TBD
|
|
|
(1)
|
This is an early-stage
exploration project, meaning geological modeling has not determined
the orientation of stratigraphy to accurately determine an
approximate true thickness for lithologies and
mineralization
|
|
|
Drill holes CREG-013 to CREG-018 did not yield any significant
results, however, they did provide invaluable geological
information about the volcanic architecture of the favourable VMS
environment in the Agua Santa target area that will be used in
future exploration programs to continue targeting for new
discoveries. However, although CREG-018 did not have any
significant results, it did undercut VMS-related mineralization
found on surface while mapping drainages and creek bottoms.
It is unclear due to the lack of exposure if this mineralization is
from the newly identified Agua Santa target or from another source
nearby. Six samples were collected from the exposed surface
mineralization that appears to be fragmental massive sulphide
boulders hosted in volcanic rocks, which supporting observations
and the current interpretation of the mineralization identified in
drilling (CREG-008 to CREG-012). Results for copper from those six
samples ranged from 3.99% to 14.70% with two samples being over
5.00% and only one sample being over 10.00%. The six samples were
also enriched in gold, ranging from 1.97 g/t to 11.40 g/t with only
one sample being over 10.00 g/t. Similarly, the six samples yielded
elevated silver values ranging from 74.6 g/t to 120 g/t with only
two samples being over 100.0 g/t. For zinc, it ranged from 27.52%
to 46.30% with five being over 30.00% and only one sample being
over 40.00%. Lead is the least enriched metal at Agua Santa ranging
from 0.10% to 1.20% in the six samples with only one sample over
1.00%.
All results from the exploration drilling program at Agua Santa
continue to be used in updating the target generation initiative
for the greater Curipamba project in order to further define
prospectivity for identifying new VMS occurrences in the favourable
volcanic rocks around El Domo. The six mineralized samples near the
CREG-018 collar location lend support that there may yet be
additional high-grade VMS mineralization in the area, which is why
Agua Santa remains one of the highest rated targets for regional
exploration at the Curipamba project. Figure 2 illustrates the
drill locations for Agua Santa. Drill collar location coordinates
are summarized for the exploration drilling in Table 2 at the end
of this news release.
Technical Information and
QAQC
The Curipamba project work program is being managed and reviewed
by Vice President Exploration, Jason
Dunning, M.Sc., P.Geo., a Qualified Person within the
meaning of NI 43-101. Salazar staff collect and process samples
that are securely sealed and shipped to Bureau Veritas ("BV") in
Quito for sample preparation that
includes crushing and milling to prepare pulps that are then split
for shipment to their facility in Vancouver, Canada for analysis. All assay data
have undergone internal validation of QAQC; noting there is an
established sampling control program with blind insertion of assay
blanks, certified industry standards and sample duplicates for the
Curipamba project. A QAQC program is also in place at BV and
includes insertion of blanks, standards, and duplicate reanalysis
of selected samples. BV's quality system complies with the
requirements for the International Standards ISO 9001:2000 and ISO
17025: 1999. At BV, samples from regional drilling have silver and
base metals analyzed by a modified ore grade 24-element aqua regia
technique with ICP-ES finish. Gold is analyzed by fire assay fusion
with AAS finish. Overlimit protocols are in place for gold, silver,
copper, lead, and zinc.
Qualified Person
The technical information of this news release has been reviewed
and verified as accurate by Mr. Jason
Dunning, M.Sc., P.Geo., Vice President Exploration for
Adventus Mining, a non-Independent Qualified Person, as defined by
NI 43-101.
About Adventus Mining
Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and
development company. Adventus Mining is majority owner of the 215
sq. km Curipamba copper-gold project, which has a completed
feasibility study on the shallow and high-grade El Domo deposit. In
addition, Adventus Mining is engaged in a country-wide exploration
alliance in Ecuador, which has
incorporated the Pijili and Santiago copper-gold porphyry projects to
date. Outside of Ecuador, Adventus
Mining owns an exploration project portfolio in Ireland with South32 Limited as the funding
participant. Its strategic shareholders include Altius Minerals
Corporation, Greenstone Resources LP, Wheaton Precious Metals
Corp., and the Nobis Group of Ecuador. Adventus Mining is based in
Toronto, Canada, and is listed on
the TSX Venture Exchange under the symbol ADZN and trades on the
OTCQX under the symbol
ADVZF.
About Salazar
Salazar Resources Limited is focused on creating value and
positive change through discovery, exploration, and development in
Ecuador. The team has an
unrivalled understanding of the geology in-country and has played
an integral role in the discovery of many of the major projects in
Ecuador, including the two newest
operating gold and copper mines. Salazar Resources has a wholly
owned pipeline of copper-gold exploration projects across
Ecuador with a strategy to make
another commercial discovery and farm-out non-core assets. The
Company actively engages with Ecuadorian communities and together
with the Salazar family it co-founded The Salazar Foundation, an
independent non-profit organization dedicated to sustainable
progress through economic development. The Company already has
carried interests in three projects. At its maiden discovery,
Curipamba, Salazar Resources has a 25% stake fully carried through
to production. At two copper-gold porphyry projects, Pijili and
Santiago, the Company has a 20%
stake fully carried through to a construction decision.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
This press release contains "forward -looking information"
within the meaning of applicable Canadian securities laws.
Forward-looking statements are based on the beliefs, expectations,
and opinions of the management of the Participants as of the date
the statement is published, and the Participants assume no
obligation to update any forward-looking statement, except as
required by law. In certain cases, forward–looking statements can
be identified by the use of words such as "plans", "expects",
"outlook", "guidance", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "believes", or variations
of such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might", "will be
taken", "occur" or "be achieved" or the negative of these terms or
comparable terminology.
Forward-looking information herein includes, but is not limited
to, statements that address activities, events, or developments
that Adventus Mining and Salazar expect or anticipate will or may
occur in the future. Although Adventus Mining and Salazar have
attempted to identify important factors that could cause actual
actions, events, or results to differ materially from those
described in forward-looking information, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated, or intended. There can be no assurance that
such information will prove to be accurate, and actual results and
future events could differ materially from those anticipated in
such information. Accordingly, readers should not place undue
reliance on forward-looking information. Adventus Mining and
Salazar undertake to update any forward-looking information except
in accordance with applicable securities laws.
Please also visit the Adventus Mining website at
www.adventusmining.com.
Please also visit the Salazar Resources website at
www.salazarresources.com.
Table 1: Drill Collar Information for Infill Drill Holes at
El Domo
Hole
ID
|
EAST
|
NORTH
|
ELEV
|
AZIMUTH
|
DIP
|
DEPTH
|
COMMENT
|
CURI-408
|
695400
|
9855298
|
1017
|
127
|
-69
|
-
|
In Progress
|
CURI-407
|
695431
|
9855413
|
1007
|
12
|
-62
|
-
|
In Progress
|
CURI-406
|
695269
|
9855341
|
1000
|
270
|
-78
|
221.15
|
Successfully completed
per design
|
CURI-405
|
695431
|
9855413
|
1007
|
317
|
-69
|
247.60
|
Successfully completed
per design
|
CURI-404
|
695309
|
9855341
|
1000
|
210
|
-67
|
286.90
|
Successfully completed
per design
|
CURI-403
|
695181
|
9855413
|
1007
|
331
|
-62
|
257.15
|
Successfully completed
per design
|
CURI-402
|
695400
|
9855298
|
1017
|
239
|
-79
|
245.30
|
Successfully completed
per design
|
CURI-401
|
695375
|
9855400
|
996
|
238
|
-73
|
224.00
|
Successfully completed
per design
|
CURI-400
|
695400
|
9855298
|
1017
|
237
|
-67
|
284.10
|
Successfully completed
per design
|
CURI-399
|
695375
|
9855400
|
996
|
41
|
-65
|
212.25
|
Successfully completed
per design
|
CURI-398
|
695400
|
9855298
|
1017
|
196
|
-71
|
272.00
|
Successfully completed
per design
|
CURI-397
|
695271
|
9855452
|
985
|
178
|
-81
|
208.80
|
Successfully completed
per design
|
CURI-396
|
695394
|
9855668
|
957
|
252
|
-68
|
179.45
|
Successfully completed
per design
|
CURI-395
|
695349
|
9855650
|
972
|
151
|
-64
|
211.50
|
Successfully completed
per design
|
CURI-394
|
695436
|
9855590
|
980
|
241
|
-73
|
216.30
|
Successfully completed
per design
|
CURI-393
|
695394
|
9855668
|
957
|
159
|
-72
|
96.00
|
Successfully completed
per design
|
CURI-392
|
695395
|
9855600
|
994
|
122
|
-65
|
224.95
|
Successfully completed
per design
|
|
Notes:
|
(1)
|
All drill holes are
surveyed in UTM Datum (Provisional South American 1956, Zone
17)
|
|
|
|
|
Table 2: Drill Collar Information at Agua Santa
target
Hole
ID
|
EAST
|
NORTH
|
ELEV
|
AZIMUTH
|
DIP
|
DEPTH
|
COMMENT
|
CREG-008
|
691805
|
9851410
|
448
|
270
|
-50
|
323.90
|
Successfully completed
per design
|
CREG-009
|
691855
|
9851475
|
445
|
270
|
-50
|
258.35
|
Successfully completed
per design
|
CREG-010
|
691778
|
9851372
|
453
|
270
|
-50
|
284.90
|
Successfully completed
per design
|
CREG-011
|
691805
|
9851410
|
448
|
270
|
-85
|
242.45
|
Successfully completed
per design
|
CREG-012
|
691908
|
9851586
|
460
|
270
|
-50
|
284.55
|
Successfully completed
per design
|
CREG-013
|
691859
|
9851410
|
420
|
270
|
-85
|
203.25
|
Successfully completed
per design
|
CREG-014
|
691705
|
9851410
|
465
|
270
|
-50
|
242.40
|
Successfully completed
per design
|
CREG-015
|
691698
|
9851397
|
459
|
90
|
-85
|
208.85
|
Successfully completed
per design
|
CREG-016
|
691840
|
9851781
|
499
|
270
|
-50
|
261.40
|
Successfully completed
per design
|
CREG-017
|
691765
|
9852359
|
644
|
105
|
-70
|
230.00
|
Successfully completed
per design
|
CREG-018
|
691851
|
9851853
|
509
|
125
|
-62
|
278.40
|
Successfully completed
per design
|
Notes:
|
(1)
|
All drill holes are
surveyed in UTM Datum (Provisional South American 1956, Zone
17)
|
|
|
SOURCE Adventus Mining Corporation