908 Devices(MASS) Newsfile·2025-02-26 14:15Core Viewpoint - Masivo Silver Corp. has signed a Letter of Intent (LOI) to acquire a gold, silver, and copper project located in Sonora, Mexico, which is strategically positioned near significant mining operations [1]. Project Details - The Cerro Colorado project consists of two mineral concessions: El Tacon Dos covering 774 hectares (1911 acres) and Valle del Cobre covering 1875 hectares (4631 acres) [2]. - A comprehensive exploration program has been conducted, including mapping, sampling, soil geochemistry, and geophysics over an area of 1200 meters long by 200 meters wide, revealing strong brecciation and phyllic alteration [2]. Historical Sampling Results - Historical samples from a mineralized zone in an old collapsed tunnel returned impressive grades of 2200 g/t Ag and 4.57 g/t Au [3]. - Additional selective samples from old dumps in the same concession yielded values of 1840 g/t Ag, 4.8 g/t Au, 3.06% Cu, 4.5% Pb, and 2.92% Zn [3]. Surface Sampling Insights - Surface sampling in a hand-made trench returned significant anomalies, including 0.75 g/t Au, 159 g/t Ag, 0.24% Cu, 0.52% Pb, and 0.29% Zn over a true width of 7.2 meters [4]. - The alteration zone on the surface is heavily leached, with sampling results showing silver values ranging from 12 to 561 g/t, alongside very anomalous gold and copper values [5]. Expert Commentary - Senior Geologist Rafael Gallardo expressed high confidence in the project, noting it as one of the best he has encountered in his 40 years of experience in Mexico, and is optimistic about drilling to find similar polymetallic values at depth [6]. - The Masivo technical team, led by Mark Bailey and Brian Brewer, is collaborating with Gallardo for the drill program, which is expected to complement the Boston Mine project in Nevada [7]. Drilling Plans - A series of eight drill holes are being modeled by Gallardo, with Masivo utilizing a $75,000 drill credit with a Mexican drilling company for the upcoming program [8].