BP Silver Intersects Bonanza Grade Silver at the Cosuño Silver Project -- The new silver exploration company released the final batch of results from a Phase-1 drill program to test the near-surface mineralization potential of the lithocap -- 11 drill holes, totaling 906 meters, were part of the first drill exploration program at the Cosuño Project.
🔥 First Ever Drill Program at the Cosuño Silver Project -- All Four Targets Tested Hits Silver Mineralization
🔥 Hole CO-0008 Returns 5.0m at 600 g/t Silver within a Broad 38m Zone Returning 116 g/t Silver (1 meter grading 1,655 g/t silver)
🔥 Lithocap Is Mineralized, Significant Exploration Upside
🔥 Potentially a Very Large Silver Deposit / Discovery in Bolivia
Bolivia is very underexplored, the project itself is on a major belt where other large silver discoveries have taken place...
Watch the interview to learn more.
Excerpt from February, 27 Press Release:
Dr. Stewart D. Redwood, Director and Qualifying Person, stated, "Our recent drill program has delivered compelling high-grade silver results, highlighted by an intersection of 5 meters at 600.40 g/t silver and 1 meter grading 1,655.00 g/t silver — equivalent to an exceptional 1.65 kilograms of silver per tonne over that interval. These results validate the potential discovery of deposit within the large 10.5 km² alteration zone that remains largely covered and only minimally tested, underscoring the significant exploration upside. The next phase of exploration will advance the project through extensive geophysical surveys to better define the size and continuity of the four drilled targets, refine Phase II drill planning, and identify additional targets concealed beneath thin surface cover, positioning the project for continued growth."
Dr. Redwood continued, "We expect Cosuño's grades to increase when we drill deeper into and below the lithocap. Lithocaps are extensive zones of clay and silica alteration that form in the top part of Bolivian polymetallic vein systems and tin porphyries, similar to those which overlie porphyry copper deposits. The nearest neighbour to Cosuño, in a similar geological setting, the Pulacayo deposit, has a large lithocap that is barren and conceals a major vein that produced 640 million ounces of silver and 200,000 tons each of lead and zinc."
Readers are cautioned that the Pulacayo deposit discussed above is an adjacent property and that BP Silver has no interest in or right to acquire any interest in the deposit, and that mineral deposits on adjacent or similar properties, and any production therefore or economics with respect thereto, are not in any way indicative of mineral deposits on BP Silver's Cosuño property or the potential production from, or cost or economics of, any future mining of any of BP Silver's mineral properties.
Disclosure: The author holds an investment position in BP Silver and is accumulating in the open market.
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