A Message from
'The robust silver grades and concentration of arsenic in the channel samples at Cambaya reinforce our thesis that the precious metals system at Curibaya is preserved at higher elevations where less erosion has taken place. This gives us further confidence in our epithermal targets while we also work to define copper porphyry targets through our ongoing CSAMT geophysical program.'
Cambaya Target Area Discussion:
Within the Cambaya target area, arsenic values are generally highly elevated in comparison to the rest of the project area as shown in Figure 1, which plots arsenic/silver ratios from channel samples across the project area. The presence of elevated arsenic, in conjunction with elevations approximately 200 m higher than the areas drilled to date at the Sambalay, Madre and Tipal structural corridors, is interpreted to indicate that the precious metal epithermal veins are preserved at shallow depths.
In addition, some of the channel sample results from the Cambaya target area demonstrate high-grade silver mineralization on surface, which the technical team believes represent the top of the precious metals window. This also indicates that there may be high-grade, steeply plunging mineralized bodies outcropping on surface where consecutive channel sample results exhibit high-grade silver mineralization.
Two targets have been identified with adjacent high-grade channel samples in the Cambaya area: 22CRT-080 (1m of 1,768.0 g/t Ag and 6.33 g/t Au) is located approximated 50 m north of 21CRT-55, which intersected 20 m of 242.7 g/t Ag and 0.71 g/t Au (as reported in the
Upcoming Results:
Additional channel sampling results are expected from the Sambalay and Tipal corridors, as well as results from the Controlled-Source-Audio-Magneto-Tellurics (CSAMT) geophysical survey to aid in defining a copper porphyry target in the coming weeks.
Contact:
Vice President of Communications
T: (778) 729-0600
E: info@tieronesilver.com
About Tier One
Curibaya Drilling
Analytical samples were taken by sawing HQ or NQ diameter core into equal halves on site and sent one of the halves to
QA/QC programs for 2021 core samples using company and lab duplicates, standards and blanks indicate good accuracy and precision in a large majority of standards assayed.
True widths of mineralization are unknown based on current geometric understanding of the mineralized intervals.
Channel Sampling - Curibaya
Analytical samples were taken from each 0.5-1.0-metre interval of channel floor resulting in approximately 2-5 kg of rock chips material per sample. Collected samples were sent to
Forward Looking Information and General Cautionary Language
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, 'forward-looking statements') that relate to the Company's current expectations and views of future events are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be heavily relied upon. These statements speak only as of the date of this news release. In particular, and without limitation, this news release contains forward-looking statements with respect to exploration plans, specifically in relation to drilling and there is no certainty that the locations will ultimately be drilled, or if drilled, discover any mineralization.
Readers should refer to the risks discussed in the Company's Annual Information Form and Management's Discussion & Analysis for the year ended
Contact:
Email: info@tieronesilver.com
Tel: 778 729 0600
(C) 2022 Electronic News Publishing, source