/PRNewswire/ - Silver Viper Minerals Corp. (the "Company" or "Silver Viper") (TSXV: VIPR) is pleased to provide an update on exploration activities within the.
TSX.V: VIPR, OTC: VIPRF Exploration Continues to Encounter Mineralization beneath the El Rubi Deposit and prepares for a TITAN-160 Deep-Penetrating Geophysical Survey Drilling continues to test external and internal targets along the El Rubi structure. Prospecting activities continue to advance the La Colmena zone located north of El Rubi, and a new prospect, Paredones, located east of El Rubi, on the El Molino .
Silver Viper Minerals Corp. (the
Company or Silver Viper ) (TSXV: VIPR) is pleased to announce that the Company has filed on SEDAR an independent technical report (the Report ) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ( NI 43-101 ) supporting the maiden mineral resource estimate for its La Virginia Precious Metal Project, previously reported in the Company s news release dated May 3
rd, 2021. The Mineral Resource Estimate was prepared in accordance with the guidelines of the Canadian Securities Administrators National Instrument 43-101; and have been estimated in conformity with generally accepted CIM Estimation and Mineral Resource and Mineral Reserve Best Practices guidelines.
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TSX.V: VIPR, OTC:VIPRF
Estimate includes Indicated Resources of 154,300 Oz Gold and 6,929,000 Oz Silver and Inferred Resources of 260,300 Oz Gold and 12,941,300 Oz Silver
El Rubi Zone returns an Indicated Resource of 6,179,000 tonnes grading 0.78 g/t gold and 35 g/t silver for 154,300 oz Au and 6,929,000 oz Ag, in addition to an Inferred Resource of 3,255,000 tonnes grading 0.90 g/t gold and 36 g/t silver for 94,100 oz Au and 3,750,000 oz Ag.
Con Virginia, El Oriental, Las Huatas and Las Huatas South add an Inferred Resource of 6,622,000 tonnes grading 0.71 g/t gold and 41 g/t silver for 152,200 oz Au and 8,739,800 oz Ag in open pit category, and 227,000 tonnes grading 1.92 g/t gold and 62 g/t silver for an additional 14,000 oz Au and 451,500 oz Ag in the underground category.