BP Silver Corp. Announces High-Grade Silver and Metal Findings in Bolivia
News related to:BP Silver Corp · 2 min read
BP Silver Corp. has announced significant findings from its ongoing exploration program at the Cosuño Silver Project in Bolivia. The company has completed 19 drill holes as part of its Phase 2 exploration program, with the first two holes, CO-0012 and CO-0013, yielding promising results.
Hole CO-0013, in particular, has intersected a high-grade feeder structure grading 314.3 grams per tonne (g/t) silver, 2.62% bismuth, and 0.74% antimony over a 3.0-meter interval, equivalent to 1,328.8 grams per tonne (g/t) silver equivalent (AgEq). This high-grade interval is within a broader 7.0-meter interval grading 168.8 g/t silver, 1.20% bismuth, and 0.35% antimony, equivalent to 634.1 g/t AgEq. The broader interval also includes a 74.0-meter interval averaging 31.7 g/t silver, 0.13% bismuth, and 0.04% antimony, equivalent to 82.3 g/t AgEq.
The company's exploration efforts have also identified anomalous to highly anomalous bismuth and antimony in holes CO-0008 and CO-0009, located approximately 450 meters from CO-0013. These findings suggest the presence of a broader polymetallic mineralized system, which includes silver, bismuth, and antimony, as well as other metals such as indium, gold, copper, lead, zinc, and tin.
The Cosuño Project is an emerging silver-rich polymetallic discovery containing bismuth and antimony, with locally enriched areas also containing indium, gold, copper, lead, zinc, and tin. The project is located in the prolific Bolivian silver belt, a region with a rich mining history.
BP Silver Corp. has completed 19 drill holes totaling 2,289.7 meters as part of the extended Phase 2 exploration program. A minimum of eight additional drill holes remain to be completed under the current program, with drilling continuing to test and expand the mineralized structures identified to date. The company has also completed a high-resolution drone magnetic survey, covering approximately 37.5 kilometers squared, and an induced polarization survey has commenced.
The technical information contained in this news release has been reviewed and approved by Dr. Stewart D. Redwood, PhD, FIMMM, a Director of the Company and a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects.