Discovery Metals (TSXV: DSV) has fielded results for 100 new channel samples taken from the historic Zaragosa zinc-silver-lead mine on its 300 sq. km Puerto Rico polymetallic property in northern Coahuila, Mexico. Discovery has taken 600 samples at Puerto Rico to date and plans to complete as many as 1,400 before drilling the property late in the third quarter of 2018.
Significant samples include: 2 metres grading 822 g/t silver, 2.1% zinc, 2.5% lead and 0.7% copper including less than 1 metre at 1,675 g/t silver, 2.2% zinc, 4% lead and 1.1% copper, as well as 3.3 metres grading 175 g/t silver, 2.1% zinc, 15.2% lead and 0.2% copper.
Discovery went public in August 2017 with the Puerto Rico polymetallic project as its flagship asset. It operates under the
Oxygen Capital banner along with
Liberty Gold (TSX: LGD),
Pure Gold Mining (TSXV: PGM) and
Sun Metals, which is expected to go public around May 8 on the TSX Venture Exchange under the ticker symbol “SUNM.”
Discovery has a cluster of seven properties in Coahuila.
“We look for data rich projects that have been past producers or that have had other operators,” Discovery president and CEO Taj Singh says during a telephone interview with
The Northern Miner. “Because there was so much old production it allows us to get right up to the mineralization and start sampling it.”
Continue reading at The Northern Miner.
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