BP Silver (TSX-V:BPAG) has reported surface samples up to 935 grams per tonne silver at its Cosuno Silver Project in Bolivia.
The company collected 179 surface chip and channel samples plus one mine dump sample across the Jalsuri target cluster. Of the holes, 85% returned anomalous precious and base metal values.
Results range from 10g/t to 935g/t silver (Ag), up to 1.51g/t gold (Au), 5.65% zinc (Zn), and 3.16% lead (Pb) across the newly identified Jalsuri North and Jalsuri Northeast targets.
The sampling program defines a near-surface silver-gold-zinc target at Jalsuri North and a silver-lead-zinc target at Jalsuri Northeast, with mineralisation occurring across an aggregate strike length of approximately 2,100m.
Director Stewart Redwood says the surface sampling has returned ‘impressive grades’ across most of the sampled structures.
“These are meaningful grades for surface sampling and demonstrate continuous mineralisation over an aggregate strike length of approximately 2,100m at the newly identified Jalsuri targets,” Redwood notes.
At Jalsuri North, a 400m-long target extends up to 200m in width, with highlights including 1.1m of 935g/t Ag and 0.32g/t Au, plus a dump sample of 327g/t Ag and 1.51g/t Au.
The target comprises three principal mineralised vein structures, including a main vein traced for more than 350m.
Jalsuri Northeast returned significant results from a 1,000m-long east-west striking breccia structure, with highlights including 2m of 467g/t Ag and 1.5m of 149g/t Ag.
Hydrothermal breccias and silicified zones along the principal structure reach 35–40m in apparent width.
CEO Tim Shearcroft says the consistency of mineralisation across the newly identified structures demonstrates the ‘scale of opportunity’ at Cosuno.
“In addition to the widespread silver mineralisation, these results also contain meaningful levels of zinc, lead, and gold, which we believe will contribute significantly to future silver equivalent values as the project advances,” Shearcroft adds.
The company has mobilised a second diamond drill rig to accelerate its 2,000m phase two drill program, which commenced on June 30. The additional rig will test near-surface mineralisation potential at Jalsuri North and Jalsuri Northeast.
BP Silver is a Canadian explorer focused on advancing silver projects in Bolivia, including the flagship Cosuño Project and the Titiri Polymetallic Project.
Write to JC Villarba at Mining.com.au
Images: Mining.com.au
