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Silver Viper Minerals Corp. reports developments as a Canadian junior mineral exploration company focused on precious metals projects in Mexico. Updates center on the La Virginia Gold-Silver Project in Sonora, including drilling, resource expansion work and mineral concession arrangements tied to the Rubi-Esperanza claims.
Company announcements also cover portfolio additions such as the Cimarron Gold-Copper Project in Sinaloa and the Coneto Project, along with financings, share issuances, incentive stock options and resource-sector conference participation.
Silver Viper Minerals Corp. (TSXV: VIPR, OTC: VIPRF) has announced ongoing exploration at the La Virginia Silver-Gold Project in Sonora, Mexico, focusing on the El Rubi Deposit. Recent drilling has revealed mineralization in deeper holes, enhancing knowledge of the mineralized trend. A TITAN-160 deep-penetrating geophysical survey is slated for late October to assist in drilling deeper mineralized areas. Preliminary drill results indicate substantial silver and gold grades, with significant intervals reaching up to 361 g/t silver and 10.5 g/t gold. Further assays are anticipated.
Silver Viper Minerals Corp. (TSX.V: VIPR, OTC: VIPRF) has filed an independent technical report on SEDAR supporting the maiden mineral resource estimate for its La Virginia Precious Metal Project, effective May 1, 2021. This report aligns with NI 43-101 standards and confirms significant mineralization potential in Sonora, Mexico. The project spans 6,882 hectares and includes extensive historical drilling data. Ongoing exploration continues to explore new targets, with 100 drill holes completed in the 2020 phase, totaling 27,021 meters.
Silver Viper Minerals Corp. announces its first NI 43-101 mineral resource estimate for the La Virginia Silver-Gold Project in Mexico. This includes 154,300 oz gold and 6,929,000 oz silver in Indicated Resources, and 260,300 oz gold and 12,941,300 oz silver in Inferred Resources. The El Rubi Zone shows significant potential with an indicated resource of 6,179,000 tonnes grading 0.78 g/t gold and 35 g/t silver. The company plans to further explore this prospective area, emphasizing the project's economic viability.
Silver Viper Minerals Corp. (TSXV: VIPR, OTC: VIPRF) provided a positive update on its La Virginia Project on April 6, 2021. The company is nearing completion of its first mineral resource estimate, with a mineralized zone extending 500 metres in length and confirmed to a depth of 300 metres. Notably, high-grade intervals have been reported, including a significant result from hole LV21-289 with 19.30 metres averaging 363 g/t silver and 21.2 g/t gold. A new Digital Elevation Model is expected soon, aiding the pit shell design and facilitating further exploration efforts.
Silver Viper Minerals Corp. (TSXV: VIPR, OTC: VIPRF) announced significant drilling results from their El Rubi discovery zone. Drill hole LV21-290 revealed a 28-metre interval averaging 88 g/t silver and 2.43 g/t gold, marking the deepest intercept to date. This interval extends the El Rubi structure to the south. The company is advancing towards a maiden resource calculation incorporating these results. The ongoing exploration also includes reconnaissance work and a planned airborne LiDAR survey.
Silver Viper Minerals reports significant results from drill hole LV21-289 at the El Rubi prospect, intercepting 130 metres of mineralization averaging 18 g/t silver and 0.69 g/t gold, with an outstanding 19.3 metres averaging 363 g/t silver and 21.2 g/t gold at depth. Individual samples reached 10,681 g/t silver and 738 g/t gold. This marks the highest grade and deepest hit at El Rubi, enhancing its open-pit potential. The results are being incorporated into a forthcoming resource calculation, with ongoing exploration efforts aimed at expanding the project.
Silver Viper Minerals Corp. (TSX-V: VIPR, OTC: VIPRF) announced significant drilling results from the La Virginia project. The standout hole, LV20-245, intercepted 110.5 metres grading 38 g/t Ag and 0.76 g/t Au, including high-grade intervals of 854 g/t Ag and 20.7 g/t Au in the El Rubi Discovery Zone. Drilling continues with two rigs actively exploring the El Rubi and Macho Libre areas. The recent data suggests a broader mineralization zone than previously expected, warranting further exploration to refine resource models.