douginil
3 years ago
Silver Viper (TSX.V: VIPR, OTC:VIPRF) Provides Exploration Update From La Virginia Project
October 1, 2021
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 trend.
- Silver Viper anticipates deployment of deep-penetrating TITAN-160 ground based geophysical survey in late October.
Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to provide an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration efforts since the release of Silver Viper’s maiden NI 43-101 gold-silver mineral resource have continued to advance with drilling at El Rubi and expansion of mapping and sampling coverage across the project area. Work continues to refine drill targets over additional prospective showings, and a ground crew has now completed line cutting in advance of a ground geophysical survey programmed to commence in the coming weeks.
Silver Viper has engaged Quantec Geoscience to execute a TITAN-160 deep-penetrating geophysical survey centered over El Rubi Deposit. The survey aims to probe to depth, the sub-surface at El Rubi and is expected to assist in designing a future drill campaign to test deeper portions of the mineralized system. The TITAN-160 survey will collect DC resistivity and Induced Polarization (“DCIP”) and Magnetotelluric (“MT”) data. The DCIP component of this survey is expected to provide qualified data to a depth of 750 m below surface, while the MT can achieve depths in excess of 1500 m below surface. Drilling at El Rubi has targeted progressively deeper intercepts, mineralization reported herein was encountered within breccias and stockwork zones mostly within rhyolitic host.
Silver Viper’s President and CEO Steve Cope states, “Recent drilling at El Rubi has continued to expand knowledge along the main mineralized trend. In the deeper holes we are seeing continuations of mineralized structures hosted by the rhyolitic tuff unit which underlies the main andesitic host rock. As our team plans progressively deeper tests on these structures, we eagerly await commencement of the TITAN-160 geophysical survey over El Rubi. We expect the survey to assist in visualization of the main structural blocks defining the mineralized system and assist in targeting deeper extensions of the mineralized shoots.”
Prospecting work continues along the El Rubi trend and the adjacent El Molino trend. Advances have been made at the La Colmena and the newly identified Paredones prospect areas. These early-stage prospects host outcroppings of silicified hydrothermal breccias and quartz veining, similar to those seen in the El Rubi area. Current work includes chip sampling and mapping. Assays are awaited.
Recent diamond drilling within the project has probed for lateral and vertical extensions from known mineralized intercepts at El Rubi. Results from the currently reported holes are tabulated below. A drill plan showing the location of these holes is provided on the Silver Viper website.
Read more at:
https://mailchi.mp/silverviperminerals/silver-viper-provides-exploration-update-from-la-virginia-project?e=6bf1d43799
douginil
4 years ago
Silver Viper Announces Filing of NI43-101 Technical Report for Previously Announced La Virginia Project Maiden Resource
June 14, 2021
Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: 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 3rd, 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.
About the Project
La Virginia is located 220 kilometres east-northeast of Hermosillo, Sonora and is prospective epithermal style precious metal mineralization. Gold and silver mineralization at La Virginia occurs within breccias, veins and stockworks, hosted primarily by andesitic volcanics, often in close spatial association to, or cross-cutting pre-mineral dacite dykes and controlled by fractures and faults that define the regional structural trend. Silver Viper’s reconnaissance program identified key targets and trends which are of primary interest and subsequently filed strategic reductions in claims to attain the current project surface area of 6,882 hectares.
At the completion of the 2020 phase of work at La Virginia, Silver Viper had completed a total of 100 drill holes for a combined meterage of 27,021 metres across the project. Exploration drilling continues at La Virginia using a single diamond drill supplied by Hermosillo-based drill contractor, Globexplore Drilling Corp. Drilling by the Company to date builds upon a sizeable database of recent historical work including 52,635 metres of drill core from 188 diamond drill holes, generated by the efforts of previous operators between 2010 and 2013. Silver Viper is expanding upon this work by continuing exploration north and south into prospective untested ground.
Read at:
https://mailchi.mp/silverviperminerals/silver-viper-announces-filing-of-ni43-101-technical-report-for-previously-announced-la-virginia-project-maiden-resource?e=6bf1d43799
Read May 3, 2021 PR at:
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
https://silverviperminerals.com/news/2021/silver-viper-announces-a-maiden-gold-silver-mineral-resource-estimate-at-la-virginia-project/
Zardiw
4 years ago
#DDAmanda Chart on: $VIPRF (Huge Gold/Silver Deposit Found) :
Core Sample: 10,681 Grams/Ton Silver, 738 Grams/Ton Gold!!!
https://www.otcmarkets.com/stock/viprf/news/Silver-Viper-Drills-05-metres-core-length-grading-10681-gt-silver-738-gt-gold-674-Pb-and-711-Zn-at-La-Virginia?id=291862
What the Fact (Factor) Column is:
The Factor is a proprietary indicator used for scanning in #DDAmanda.
It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).
SO, if a stock has say a 10 Factor that day, it means she traded 10 Times the $ she normally trades.
That's significant, and many times indicates that a run in the stock is coming.
Previous Charts: $AMC, $JNSH, $NWBO, $CYDY, $AMRN, $ENZC, $GVSI, $HCMC, $FNMA, $HPIL
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Zardiw
4 years ago
#DDAmanda Chart on: $VIPRF (Huge Gold/Silver Deposit Found) :
Core Sample: 10,681 Grams/Ton Silver, 738 Grams/Ton Gold!!!
https://www.otcmarkets.com/stock/viprf/news/Silver-Viper-Drills-05-metres-core-length-grading-10681-gt-silver-738-gt-gold-674-Pb-and-711-Zn-at-La-Virginia?id=291862
What the Fact (Factor) Column is:
The Factor is a proprietary indicator used for scanning in #DDAmanda.
It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).
SO, if a stock has say a 10 Factor that day, it means she traded 10 Times the $ she normally trades.
That's significant, and many times indicates that a run in the stock is coming.
Previous Charts: $AMC, $JNSH, $NWBO, $CYDY, $AMRN, $ENZC, $GVSI, $HCMC, $FNMA, $HPIL
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Zardiw
4 years ago
$VIPRF #Silver $28++ Insane Gold/Silver Values:
Silver Viper Drills 0.5 metres core length grading 10,681 g/t silver, 738 g/t gold, 6.74% Pb and 7.11% Zn at La Virginia
Canada NewsWire
VANCOUVER, BC, March 1, 2021
Drill hole LV21-289 Intercepts Highest Silver and Gold Grades to Date at El Rubi
Hole LV21-289 intercepts 130 metres1 (80.08 metres estimated true width) of silver-gold mineralization averaging 18 g/t silver and 0.69 g/t gold before cutting an additional 19.3 metres1 (11.89 metres estimated true width) averaging 363 g/t silver and 21.2 g/t gold in the deepest hit on the El Rubi structure to date
Individual sample #21699 returns 10,681 g/t silver and 738 g/t gold over 0.5 metres1 core length (0.31 metres estimated true width)
Intervals from LV21-289 overshadow excellent results from hole LV20-284, also intercepting multiple broad zones of mineralization in the Western Zone
Work continues to advance toward the completion of a maiden resource calculation, with new data being incorporated into the model
TSX.V: VIPR, OTC:VIPRF
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JohnnyRotton
4 years ago
I was looking at their model for profitability, 20$ us per ton I think it says, $1650 gold, $22 silver,
So according to their model they seem to be10-20 pct over their model.
Since they have tons of untested dirt they can only add to what they have. Only question is depth. 250 meters I think is the model.
Definitely not a top 10 resource world-wide but top 50 with a profitable life under 10 years. Go in, get the gold then move on. Make maybe 200 mill over 10 years.
Someone might buy it for a quick turnaround.