Reyna Silver Announces Start of 10,000 Meter Drill Campaign at Batopilas
30 Junio 2021 - 5:00AM
Reyna Silver Corp. (TSXV:RSLV;
OTCQX:RSNVF; FRA:4ZC) (“Reyna”) is pleased to announce
that it has started a 10,000 meter drill campaign at its Batopilas
Project in Chihuahua Mexico.
“We are excited to see drilling at Batopilas. We
are applying modern day exploration methods and new ideas to unlock
the potential of a historic district believed to be the
highest-grade silver system in Mexico’s history having produced an
estimated 350,000,000 ounces of silver at an average grade of 1.5
kg/t,” commented Jorge Ramiro Monroy, CEO of Reyna Silver.
The drill program is following the targets
established by Reyna’s technical team in the spring of 2021
exploration campaign which discovered multiple extensions to the 30
known veins in the district, as well as two new veins with multiple
high-grade silver and gold sample results of up to 42,302 g/t Ag
and 21.4 g/t Au. Most of the veins in the district have seen little
to no modern-day exploration. Reyna Silver now owns the historic
mine and controls the entire district.
Please click on the link below to see Peter
Megaw introducing the Batopilas Project.
Click here to watch the video
Please click on the link below to see Reyna
Silver’s CEO, Jorge Ramiro Monroy introducing the drill campaign at
Batopilas.
Click here to watch the video
The attached map includes the locations of the
planned drill holes.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1fe35d34-256c-4b27-a712-b097c3e80e26
About the Batopilas
District
The Batopilas District lies in the heart of the
Sierra Madre Occidental magmatic province. This province consists
of two thick Tertiary volcanic sequences deposited on a basement of
Mesozoic sediments, metasediments, and intrusive rocks. The lower
part of the volcanic sequence, referred to as the "lower volcanic
complex" is composed dominantly of andesite tuffs and flows with
lesser dacites and rhyolites. The upper volcanic sequence, referred
to as the "upper volcanic supergroup" is dominantly composed of
welded rhyolite ash-flow tuffs with lesser andesites, dacites, and
basalts erupted from caldera complexes. Numerous intrusions, mostly
subvolcanic equivalents to the ex-trusive volcanic units, cut the
basement rocks and the lower part of the volcanic sequence.
https://reynasilver.com/projects/batopilas
About Reyna Silver
Reyna Silver Corp. is a silver exploration
company with a robust portfolio of silver assets in Mexico and the
US. The Company was built around the Guigui and Batopilas Projects,
which formed part of MAG Silver’s original IPO portfolio. It is
also actively exploring the Medicine Springs project in Nevada,
another CRD target and the La Reyna Project in Chihuahua, an
epithermal vein project in the historic district of Cusihuriache
Reyna’s strategy centers around leveraging its expertise in Mexico
to explore projects that have the potential for high-grade,
district-scale discoveries.
On Behalf of the Board of Directors
of Reyna Silver Corp.
Jorge Ramiro Monroy
Chief Executive Officer
For Further Information, Please Contact:
Reyna Silver Corp. Jorge Ramiro Monroy, Chief Executive Officer
info@reynasilver.comwww.reynasilver.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Videos accompanying this announcement are available
at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/51147933-c77c-4049-a08e-ec132916fb27
https://www.globenewswire.com/NewsRoom/AttachmentNg/5269b4f8-5058-4ffb-856b-7e1e3abf8d13
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