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Grande Plata Showing Strong Silver Results
Prnewswire· 2026-01-27 13:15
Core Insights - The company is advancing its exploration efforts at the Grande Plata Silver Project, with a focus on high-grade silver and copper mineralization, particularly in light of the significant increase in silver prices from $33/oz to over $100/oz [3]. Group 1: Geological Findings - Recent reconnaissance sampling at various prospects, including Calabozo and San Jose, has shown promising results with high-grade intersections, such as 6m at 407g/t Ag and 2.94% Cu [4]. - The geological reports indicate potential for broad, moderate to high-grade mineralization, with altered dacitic tuff units hosting mineralized veins up to 100m wide in locations like Calabozo [1]. Group 2: Upcoming Activities - The company plans to conduct mapping and trenching ahead of a diamond drilling program scheduled for March, along with upgrading access roads and drill pads to prepare the site [3]. - Previous channel sampling by Rugby Mining has provided encouraging results, which will inform the upcoming drilling efforts [1].