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Capitan Silver Corp. Intersects 1,767 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 234.2 g/t Silver Equivalent over 25.9 Metres at the Jesus Maria Silver Trend
CaptivisionCaptivision(US:CAPT) Newsfileยท2025-11-11 11:00

Core Viewpoint - Capitan Silver Corp. has reported significant high-grade silver mineralization results from its Cruz de Plata project in Durango, Mexico, indicating the emergence of a new large silver zone at the Jesus Maria trend [1][3][4]. Summary by Sections Drill Results - The Phase One drill program has successfully intersected high-grade silver mineralization, with drillhole 25-ERRC-26 reporting 1,767.4 g/t AgEq over 1.5 meters, part of a broader zone of 1,222.1 g/t AgEq over 3 meters, and a wider interval of 234.2 g/t AgEq over 25.9 meters [3][7]. - Drillhole 25-ERRC-21 also showed promising results, with 710.5 g/t AgEq over 1.5 meters and 353.2 g/t AgEq over 1.5 meters within a broader interval of 292.4 g/t AgEq over 6.1 meters [3][8]. - A total of 57 drillholes have been completed to date, confirming the continuity of mineralization across the property [6][9]. New Mineralized Zones - Follow-up drilling has confirmed the presence of a new broad zone of mineralization near drillhole 25-ERRC-12, suggesting that high-grade results are not anomalies but part of a larger target [5][6]. - The discovery of additional mineralized intrusive dykes indicates potential new structures for transporting mineralization across the property [3][6]. Future Plans - The company plans to continue drilling to further define the new mineralized zones and structures identified [6][9]. - An updated mineral resource estimate and a property-wide geophysical survey are also planned, with assay results pending for 25 drillholes [9][19]. Company Overview - Capitan Silver Corp. is focused on defining a new high-grade silver system at its Cruz de Plata project, supported by a proven management team and a tight share structure [19].