Silver Buck Sources Inc. (CSE: SLV) (OTCQX: SLVDF) (“Silver Buck” or the “Corporate”) is happy to file the preliminary assay effects from the Section II drilling ongoing on the underexplored Noria portion of the Los angeles Joya Silver Challenge (the “Belongings”) situated within the state of Durango, Mexico.
- Hollow NOR-22-013 returned the perfect grades to this point on the new Brazo Discovery, intersecting 815 grams in line with tonne (g/t) silver similar (AgEQ) over 5 metres (m) inside a broader period of 363 g/t AgEQ over 19.35 m beginning at 86.4 m downhole.
A complete 1,899 metres of drilling over 10 holes had been finished to this point in Section II drilling (See drill plan map). Drill core logging and sampling of all holes is ongoing with samples being submitted in batches for research. The consequences reported beneath are for the primary 4 holes of the Section II program.
Section II Drilling Targets and Dialogue
Hollow NOR-22-012 was once a 30 m step again concentrated on the gold zone known in NOR-22-009 (0.66 g/t gold (Au) over 58.84 m from 75.83 m downhole). Mineralization encountered incorporated an intercept with 1.00 g/t Au over 26.85 m from 131.78 m downhole. Whilst the period in NOR-22-012 is roughly 1/2 the width of the period in NOR-22-009 it’s 42% greater in grade, (See: cross-section).
Hollow NOR-22-013 was once a -20° steeper vulnerable hollow underneath the silver-zinc (Ag-Zn) zone known in NOR-22-008 (89.59 g/t AgEQ over 125.3 m from floor together with 267.56 g/t AgEq over 10.47 m from 70.53 m downhole), with NOR-22-013 concentrated on the higher-grade mineralization 35 m additional down dip. The high-grade polymetallic mineralization of observe starts with 363.29 g/t AgEQ over 19.35 m from 86.4 m downhole (See: cross-section).
Hollow NOR-22-014 was once a 32 m step again from NOR-22-013 that returned mineralization of lesser grade and width than at greater elevations within the part; then again, the consequences do point out a continuation of the mineralizing tournament that continues to be open at intensity and alongside strike (See: cross-section).
Hollow NOR-22-015 was once drilled within the 100 m hole between the Au and Ag-Zn zones to determine continuity between the zones and higher perceive the zonation. Whilst the mineral distribution on this hollow is intermittent, it presentations traits of the gold-rich zone to the south and the Ag-Zn mineralization to the north (See: cross-section).
Desk 1: A abstract of downhole drill intersection effects for the primary 4 holes of the Section II program.
“Section II drilling continues to check the extensions of the extensive durations of mineralization intersected in Section I, with hollow NOR-22-013 returning the perfect grades to this point on the new Brazo Discovery,” stated Mike Romanik, president of Silver Buck. “Drilling is ongoing and further effects will likely be reported as gained.”
Desk 2: Drillhole Main points
|Drill Hollow #||Goal|
|Deliberate Intensity (m)||X|
Process, High quality Assurance / High quality Regulate, and Information Verification
The diamond drill core (HQ dimension) was once geologically logged, photographed, and marked for sampling. Core designated for sampling was once sawn in 1/2 with a diamond blade core noticed. One-half of the core was once sealed in plastic luggage and shipped for research. The rest 1/2 portion was once returned to the core trays for garage and/or for metallurgical check paintings.
The sealed and tagged pattern luggage have been transported to the ActLabs facility in Zacatecas, Mexico the place the samples have been overwhelmed and 200-300-gram pulp samples ready with 90 % passing Tyler 150 mesh (106μm). The pulps have been assayed for gold the usage of a 30-gram price by way of fireplace assay (Code 1A2 and/or FA450) and over limits more than 10 grams in line with tonne have been re-assayed the usage of a gravimetric end (Code 1A3 and/or FA550). Silver and multi-element research was once finished the usage of overall digestion (Code 1F2 Overall Digestion ICP). Over limits more than 100 grams in line with tonne silver have been re-assayed the usage of a gravimetric end (Code 8-Ag FA-GRAV Ag).
High quality assurance and high quality keep an eye on (“QA/QC”) procedures track the chain of custody of the samples and come with the systematic insertion and tracking of suitable reference fabrics (qualified requirements, blanks, and duplicates) into the pattern strings. The result of the assaying of the QA/QC subject matter incorporated in every batch have been tracked to verify the integrity of the assay knowledge. All effects said on this announcement have handed Silver Buck’s QA/QC protocols.
Mike Kilbourne, P.Geo., an impartial Certified Individual as outlined in NI 43-101, has reviewed and authorized the technical contents of this information unlock on behalf of the Corporate.
Concerning the Los angeles Joya Challenge
The Los angeles Joya Belongings is positioned roughly 75 kilometres immediately southeast of the state capital town of Durango in a prolific mineralized area with past-producing and running mines together with Grupo Mexico’s San Martin Mine, Industrias Penoles’s Sabinas Mine, Pan American Silver’s Los angeles Colorada Mine, and First Majestic’s Los angeles Parrilla and Del Toro Silver Mines. For additional info at the Belongings click on at the symbol beneath to look at the two-minute video.
Determine 1: Click on at the symbol above to view a two-minute video introducing the Los angeles Joya Challenge
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About Silver Buck Sources Inc.
Silver Buck is a mineral exploration corporate that finished its preliminary public providing in Might 2020 and is totally funded for 2022 with roughly $8.5 million within the treasury. The Corporate’s tasks are situated in two of the prolific mining jurisdictions on the planet and come with the complex exploration and construction degree Los angeles Joya Silver Challenge within the state of Durango, Mexico; and the discovery-stage Pakwash Lake and the Longlegged Lake homes within the Pink Lake Mining District of Ontario, Canada. The Corporate has an competitive expansion technique and is actively reviewing doubtlessly accretive acquisitions with a focal point on drill-ready tasks in mining-friendly jurisdictions the world over.
ON BEHALF OF THE BOARD
Signed “Michael Romanik”
President, CEO & Director
Silver Buck Sources Inc.
Direct line: (204) 724-0613
179 – 2945 Jacklin Highway, Suite 416
Victoria, BC, V9B 6J9
Ahead-Having a look Statements:
This information unlock might include “forward-looking statements.” Ahead-looking statements contain identified and unknown dangers, uncertainties, assumptions and different elements that can purpose the true effects, efficiency or achievements of the Corporate to be materially other from any long run effects, efficiency or achievements expressed or implied by way of the forward-looking statements. Any forward-looking commentary speaks simplest as of the date of this information unlock and, aside from as is also required by way of appropriate securities rules, the Corporate disclaims any intent or legal responsibility to replace any forward-looking commentary, whether or not because of new data, long run occasions or effects or differently.