| Announcement Date: | 2022-10-17 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Adventus Mining Corp. |
| Project name: | Curipamba |
| Location: | Ecuador |
| Commodities: | Gold,Silver,Copper,Lead,Zinc |
| Highlight: | Drilling results incl. 6.91m at 3.0% Cu, 1.55g/t Au, 7.64% Zn, 34.0g/t Ag, 0.11% Pb from 142.42m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, October 17, 2022 – Adventus Mining Corporation (“Adventus Mining”) (TSX-V: ADZN, OTCQX: ADVZF) and Salazar Resources Limited (“Salazar”) (TSX-V: SRL, OTCQB: SRLZF) (collectively the “Participants”) are pleased to announce the first infill drilling resultsfrom the El Domo volcanogenic massive sulphide deposit (“El Domo”) located within the 21,537-hectare Curipamba project in central Ecuador. The infill drilling program for the underground portion of the Mineral Resource at El Domo, as announced in the August 29, 2022 press release, continues with two diamond drill rigs. To date, 15 of 48 definition drill holes having been successfully completed totaling 3,388 metres from the planned 12,000 metres, and two drill holes in progress totaling a further 435 metres completed. Separately, two geotechnical and two hydrogeological related drills also continue to operate to support the detailed engineering for the El Domo open pit. Drill hole CURI-392 intersected a thick section of semi-massive to massive sulphide from 175.72 to 182.57 metres, grading 2.70% copper, 4.26 g/t gold, 2.54% zinc, 70.5 g/t silver, and 0.40% lead. A higher-grade subset was intersected from 176.32 to 178.20, grading 9.02% copper, 10.10 g/t gold, 4.99% zinc, 172.5 g/t silver, and 0.36% lead. A pyrite- and gold-rich interval was intersected from 180.26 to 182.57 metres, grading 0.18% coper, 2.43 g/t gold, 1.45% zinc, 40.8 g/t silver, and 0.33% lead. |
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