Silver Viper Minerals Corp V.VIPR

Maiden Resource

[GoldGravy]

Per this interview maiden resource should be out in "next couple of weeks" but good news is more drill results aeound the mother lode should be out around the same time. Also Cope continues to mention possibility of partnering up with a producer https://news.financial/interviews/interview-with-silver-viper-future-price-drivers-and-takeover-fantasy

[mariners13]

What does it mean that, "Unfortunately, hole 284, which was designed to show the broad, elongated mineralization in our western El Rubi zone directly from the surface, was lost." They misplaced it? I presume that means it failed to do what they expected.

[GoldGravy]

Great question, I was wondering the same thing since hole 284 was a terrific hole

[tigris72poo]

a "lost" hole normally  means they had a drilling problem and did not reach the intended depth that they were planning to test.  So they have to move over and try again which would add some time and expense.   However, I don't think this was the case here.  Hole #284 was a very successful hole announced on March 1 that included 28.9 m of 1.4 oz  AuEq

[mariners13]

Thank you very much for clarifying that. What you said makes good sense. I would hope for better clarity from the company, but this sounds right. And thank you very much for restoring my faith in the value of bullboards. Too often they are less than stellar in their help with information but your information was timely and helpful. Kudos.

[tigris72poo]

You are welcome.  I think the company did a good job with yesterday's Letter to Shareholders clarifying the reasons for the delay of the initial resource estimate.  By the beginning of May, we should have that information and more drilling results including a potentially very significant hole testing the ground deeper under #289.  Good Luck with your investments.