Capitan Silver Intersects 1,130.1 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 240.5 g/t Silver Equivalent over 25.9 Metres at the Cruz De Plata Project
CaptivisionCaptivision(US:CAPT) TMX Newsfile·2026-02-02 12:00

Core Insights - Capitan Silver Corp. has reported positive assay results from its 2025 reverse circulation drill program at the Cruz de Plata silver-gold project in Durango, Mexico, indicating the potential for a large mineralized system [1][3][20] Drill Results - The drill program included eight drill holes, with significant high-grade intersections reported, such as drill hole 25-ERRC-34, which intersected 1,130.1 g/t AgEq over 1.5m within a broader zone of 240.5 g/t AgEq over 25.9m [4][5][14] - Drill hole 25-ERRC-36 extended mineralization from 60 to 90m down-dip, with results including 306.6 g/t AgEq over 1.5m and 223.6 g/t AgEq over 3.0m [5][8] - The new Encarnación Zone was discovered, with drill hole 25-ERRC-29 intersecting 90.3 g/t AgEq over 3.0m, including 133.96 g/t AgEq over 1.5m, indicating the expansion of the silver system [13][14] Future Plans - The company has commenced a 60,000-metre multi-rig drilling program at Cruz de Plata, with additional rigs expected to join the existing operations [5][20] - There is an anticipation of increased news flow and assay results from the remaining 33 completed drill holes, which are expected to provide further insights into the mineralization potential [5][18] Management Commentary - CEO Alberto Orozco expressed optimism regarding the drill results, highlighting the extension of the Jesús María vein and the identification of additional veins that warrant further drilling [3][5]

Captivision-Capitan Silver Intersects 1,130.1 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 240.5 g/t Silver Equivalent over 25.9 Metres at the Cruz De Plata Project - Reportify