| Announcement Date: | 2021-11-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | E2 Metals Ltd. |
| Project name: | Conserrat |
| Location: | Argentina |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 16m @ 15g/t Au, 22g/t Ag from 31m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | E2 Metals (E2 or the Company) is pleased to announce the discovery of significant gold mineralisation from the first scout holes at Andrea Sur. E2 is pleased to report gold and silver assay results for the Conserrat gold and silver project (Figure 1) located in the Santa Cruz province of Argentina. Conserrat is host to a newly recognised and largely concealed epithermal vein field centered 25 kilometers along trend from AngloGold Ashanti’s Cerro Vanguardia mine (historical and current reserves 8.9Moz Au, 137Moz Ag). Andrea Sur is located in the western project area approximately 2.5 kilometers west of the recently announced Malvina discovery (see ASX Announcement, 1 November 2021, Further high-grade gold and silver demonstrate scale at Malvina). Gold and silver assay results have been received for 2 scout Reverse Circulation (RC) holes totaling 129m (see Figure 2 & Table 1). Drill samples were submitted to Alex Stewart in Perito Moreno, Santa Cruz and analysed for gold and silver via Fire Assay. At Andrea Sur the surface geology is dominated by younger lake sediments and colluvium and outcrop is sparse. The prospect was prioritised on the basis of epithermal vein boulders extending over 150m strike. While the veins were weakly mineralised (max values 2.2gpt Au, 17gpt Ag), vein textures included banded colloform |
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