Welcome to our dedicated page for Masivo Silver news (Ticker: GNYPF), a resource for investors and traders seeking the latest updates and insights on Masivo Silver stock.
Masivo Silver Corp. (GNYPF) generates frequent exploration and project development news as a Canadian junior silver and gold mining exploration company. Its disclosures focus on precious- and base-metal projects in Mexico and the United States, with particular emphasis on the Boston Mine project in Nevada and the Cerro Colorado Project in Sonora, Mexico.
News releases cover drill program design and execution, geological interpretations and assay results. At the Boston Mine in Elko County, Nevada, Masivo reports multiple drill holes targeting a gold/copper skarn deposit, visible sulfide mineralization in core, and significant intercepts that the company states support its geological model. Updates often describe the status of individual drill holes, sampling, assaying and planning for subsequent phases of drilling.
In Mexico, Masivo’s news highlights the acquisition and advancement of the Cerro Colorado gold, silver and copper project in Sonora. Announcements describe letters of intent and option agreements, historical sampling with high assay values, induced polarization geophysics, drill target modeling and the submission of environmental permit applications to SEMARNAT for exploration activities. The company also discusses the role of experienced Mexican and North American geologists in defining targets and interpreting data.
Additional news items may address private placements intended to fund exploration at Cerro Colorado and the Boston Mine, the use of a drill and exploration credit in Mexico, and the company’s broader portfolio of projects in Nevada and Sinaloa. Investors and followers of GNYPF can use this page to review Masivo’s exploration updates, technical summaries and corporate announcements in one place.
Masivo Silver Corp (OTC: GNYPF) submitted environmental permit applications to SEMARNAT for its Cerro Colorado Project in Sonora, Mexico, covering planned drilling, access preparation and exploration infrastructure.
The company says land access is secured and, subject to approvals, it is targeting a Phase 1 drill program to begin in January 2026 to test priority targets and refine geological models. Technical information was approved by a Qualified Person under NI 43-101.
Masivo Silver Corp. (TSXV: MASS) (OTC: GNYPF) has reported significant historic drilling results from its Cerro Colorado Gold-Silver Project in Sonora, Mexico. Two shallow drill holes from 2015 revealed impressive high-grade polymetallic intercepts, including 29.65m @ 50.74 g/t Ag and notable base metals in hole ETCC-15-01, and 35.80m @ 23.44 g/t Ag in hole ETCC-15-04.
The company also announced a non-brokered private placement of up to $1,000,000 at $0.06 per unit, with each unit including one common share and a half warrant exercisable at $0.10 for 12 months. The proceeds will fund exploration at both Cerro Colorado and the Boston Mine in Nevada.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has announced the completion of its strategic drill program design at the Cerro Colorado property in Sonora, Mexico. The program consists of eight holes totaling 1,300 meters, designed by Senior Mexican Geologist Jorge Rafael Gallardo with guidance from P.Geo Brian Brewer and P.Geo Mark Bailey.
The program includes multiple drill holes targeting various depths and objectives:
- Hole A (130m depth) targets polymetallic sulfides corresponding to high chargeability anomalies
- Hole B (150m depth) aims to test high-grade values previously identified (1,840 g/t silver, 4.82 g/t gold, 3.06% copper)
- Holes C, D & E (150-200m depth) will test high chargeability anomalies
- Holes F & G (150-300m depth) will examine mineralized structure continuity
- Hole H (120m depth) targets a secondary structural system with previous high-grade values exceeding 20 g/t gold
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has signed an option agreement to acquire the Cerro Colorado Gold, Copper and Silver project in Sonora, Mexico. The project, located 28km from Alamos and 11km north of Piedras Verdes copper mine, consists of two properties: El Tacon Dos (774 Hectares) and Valle Del Cobre (1875 Hectares).
The agreement terms include:
- Initial grant of 300,000 shares and an eight-hole drill program
- Annual payments over four years totaling $310,000 USD
- Optional share payments ranging from 1-2.5 million shares or equivalent cash value
- 1.5% NSR retained by sellers, purchasable for $1M USD
Historical sampling revealed significant mineralization, including 2200 g/t Ag and 4.57 g/t Au in a collapsed tunnel, and 1840 g/t Ag, 4.8 g/t Au in dump samples. Surface sampling showed values between 12 to 561 g/t Ag with anomalous Gold and Copper. Drilling is targeted to begin in May 2025.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has signed a non-binding LOI to acquire a Gold, Silver and Copper project in Sonora, Mexico. The project, located 28 KM northwest of Alamos and 11 KM north of Piedras Verdes mine, consists of two mineral concessions: El Tacon Dos (774 Hectares) and Valle del Cobre (1875 Hectares).
Historical sampling revealed significant mineral content, including a sample with 2200 g/t Ag and 4.57 g/t Au from an old tunnel, and another selective sample returning 1840 g/t Ag, 4.8 g/t Au, 3.06% Cu, 4.5% Pb and 2.92% Zn. Surface sampling showed values between 12 to 561 g/t Ag with anomalous Gold and Copper values.
The company plans to execute an 8-hole drill program using a $75,000 drill credit with a Mexican drill company. The LOI with Minera GoldZone is expected to become binding within 2-3 weeks upon due diligence completion.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has signed an LOI to acquire the Cerro Colorado project in Sonora, Mexico. The project, located 28 KM northwest of Alamos and 11 KM north of the Piedras Verdes copper mine, comprises two mineral concessions totaling 2,649 hectares.
Initial exploration has revealed promising results from historical samples, including:
- 2,200 g/t Ag and 4.57 g/t Au from an old collapsed tunnel
- 1,840 g/t Ag, 4.8 g/t Au, 3.06% Cu, 4.5% Pb, and 2.92% Zn from selective dump samples
- Surface samples showing 7.2 meters true-wide with 0.75g/t Au, 159 g/t Ag, and various base metals
The company has completed mapping, sampling, soil geochemistry, and induced polarization studies in a 1,200m x 200m area. A planned drilling program of 8 holes will utilize a $75,000 drill credit with a Mexican drilling company.
Masivo Silver Corp (TSXV: MASS) (OTC Pink: GNYPF) has completed drilling hole No.7 at 165.5 feet at the Boston Mine, concluding its 2024 drilling campaign. The first drill hole showed promising results with 55 feet of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet down hole. Holes #2 and #3 are being re-assayed using metallic screen assays, with results expected in early 2025. Holes #4 and #5 have been completed and are being processed, while holes #6 and #7 are being logged and sampled. Hole #8 has been postponed to 2025 due to winter conditions. The company is developing a phase II exploration drilling campaign for 2025 and has a $75,000 drill and exploration credit for use in Mexico.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) has completed drilling hole No.6 at 279.9 feet and started drilling hole No.7, targeting 280 feet depth. Both holes aim to test strong historical IP anomalies related to sulfide mineralization in the skarn geology. The company is conducting metallic screen assays on holes No.2 and No.3 due to visible gold presence. Notable results from Hole No.1 include 55 feet of 0.99% Cu, 1.52 g/t Au and 30.35 g/t Ag starting at 65 feet. Masivo is exploring gold and silver opportunities in Mexico, with a $75,000 drill and exploration credit available.
Masivo Silver Corp. (TSXV: MASS, OTC Pink: GNYPF) announced the completion of drilling Hole No. 5 at the Boston Mine project in Elko County, Nevada, targeting a high-grade Gold/Copper Skarn deposit. The 322-foot drill core will be analyzed in a certified lab, with results expected in 6-8 weeks. Drilling of Hole No. 6, aiming for a depth of 300 feet, will commence next week to test historical IP anomalies indicative of sulfide mineralization. Previous drilling (Hole No. 1) yielded significant intercepts, including 55 feet of 0.99% Cu, 1.52 g/t Au, and 30.35 g/t Ag. Phase 1 consists of 6-8 holes, with a potential Phase 2 involving 8-10 additional holes. Masivo holds a $75,000 drill credit in Mexico and is exploring opportunities in Mexico and the USA to complement the Boston Mine project, allowing for winter drilling. Assay results for Holes 2, 3, and 4 are pending.
Masivo Silver Corp. (TSXV: MASS) (OTC Pink: GNYPF) has announced visible sulfide mineralization in holes No.2, No.3, and No.4 at its Boston Mine project in Elko County, Nevada. The project focuses on high-grade gold, silver, and copper. Core samples from these holes have been sent for assaying, with results expected in the coming weeks. The company is currently drilling Hole No.5.
Drilled hole depths are as follows:
- Hole No.2: 456.05 ft
- Hole No.3: 328 ft
- Hole No.4: 400 ft
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