RE:Trading haltedAugataag wrote:
Anyone have any ideas why?
Bethania drill results released
Some key observations of the phase 1, 5000-metre drill program include:
- Mineralization intersected below lowest mine workings, confirming the Bethania vein system remains open at depth. Highlight intersections from depth include: BHD-17, 2.60 metres of 995 grams per tone silver equivalent (AgEq) (including 0.40 m of 4,973 g/t AgEq) in an unexplored area beneath the ramp on the western side of the mine beneath the 670 level on the 12 de Mayo vein; BDH-24, 1.20 m of 1,127 g/t AgEq (including 0.45 m of 2,574 g/t AgEq) beneath mine workings on the Espanola vein;
- Locally thicker intersections of mineralization than expected, up to 6.72 m of 223 g/t AgEq in BDH-33 on the Espanola vein (including 0.45 m of 1,304 g/t). In addition, BDH-27 intersected 3.65 m of 248 g/t AgEq (including 0.95 m of 803 g/t AgEq) where the Victoria vein and the newly defined Yolanda vein are interpreted to be in close proximity to one another;
- Numerous new veins identified in drilling and secondary veins extended along strike and at depth. While historical mining focused on only six veins, Kuya's phase 1 drill program identified 20 distinct mineralized veins in the immediate Bethania mine area. These new veins include previously identified veins with no data, such as Yolanda and Betsaida, branches off other veins (e.g. Espanola footwall branch) and a brand new mineralized vein structure, Carolina II;
- Mineralization intersected in limited exploration drilling in the Hilltop zone (eastern extension of the Bethania mine).
This initial drill program successfully achieved the company's objectives, demonstrating and confirming mineralization in unmined extensions of the Bethania project, both along strike and at depth, as well as identifying new targets within the northeast-trending Bethania vein system. Future exploration work in the main Bethania mine area will focus on extending the mineralization at depth, either by way of longer drill holes from surface or drilling from underground. In addition, Kuya will continue to test shallower targets within the Bethania vein system at surface and within the uppermost 100 metres, in order to delineate secondary veins (e.g. Maria, Carolina etc.) that have seen little to no historical mining as well as newly discovered veins intersected with this program, such as Carolina II.