#Highlander Silver Reports Significant Assay Results
Highlander Silver Corp. has announced encouraging results from its recent step-out drilling of the Bonita vein system, revealing some of the highest gold and silver grades to date. These findings coincide with the company's ongoing efforts to assess the potential expansion of this mineralization zone, located approximately 10 kilometers south of the Ayelen underground deposit in Central Peru.
#Key Findings from Recent Drilling
The latest drilling included notable assay intervals such as:
- BOD-013: 24.8 meters at 7.43 grams per tonne (g/t) gold and 16.45 g/t silver, starting from 28.7 meters downhole.
- BOD-010: 40.4 meters at 3.42 g/t gold and 16.93 g/t silver from surface to depth.
- BOD-014: 19.1 meters at 3.50 g/t gold and 11.57 g/t silver from 37.7 meters.
- BOD-015: 23.7 meters at 3.31 g/t gold and 9.60 g/t silver from 34.3 meters.
These drill results indicate that mineralization is extending southeast from previous drilling positions, suggesting a broadening exploration opportunity.
#Future Exploration Plans
The company anticipates additional drill results around six weeks from now, aimed at further evaluating the eastern known extent of the Bonita vein structure. This extension remains open, underscoring the potential for ongoing discovery and resource expansion.
#Geological Context and Project Background
The Bonita vein system is situated in a region characterized by a range of silicified structures, spread over an area of approximately 800 meters by 200 meters. The ongoing exploration efforts are bolstered by recent magnetic surveys designed to map structural features beneath cover in the surrounding rugged terrain.
Highlander Silver is primarily focused on advancing the San Luis gold-silver project, which features one of the highest-grade resource estimates globally. With significant backing from notable investors, including the Augusta Group, the company is positioned for further resource development.
#Key Takeaways
- Highlander Silver reported significant drilling results at the Bonita vein system, including gold grades of up to 7.43 g/t.
- Future drilling results are expected in about six weeks, targeting the eastern extent of the vein.
- The Bonita vein system shows potential for expansion, with mineralization remaining open in multiple directions.
- Highlander Silver is committed to advancing its San Luis project, which ranks highly in global resource estimates.
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