On Monday, the Vancouver-based junior said that 15 of the 19 holes drilled on the prospect returned results that outlined structurally controlled, sandstone-hosted silver mineralization.
Highlights of the results included 72.4 metres at 279 grams per ton silver from 60.5 metres to 132.9 metres, including nearly 33 metres at 517 grams per ton silver.
Another hole returned 38.4 metres at 143 grams per ton silver, including 6.2 metres at 749 grams per ton silver, while a third intercept returned 11.1 metres at 761 grams per ton silver.
The Snake Hole prospect is one of nine high priority silver targets identified by New Pacific. The area is located around 600 metres east of the primary area of the Silver Sand project.
Surface mapping suggests that the mineralized fracture zone remains open to north, where it potentially trends undercover towards the company’s Jisas prospect that lies around 2 kilometres northwest, New Pacific said in a Monday release.
Results are still pending on the five remaining holes.
In December, New Pacific reported it hit near surface silver mineralization at Silver Sand, with results from the program ranging from approximately 50 to 200 metres thick and returning average silver values from 33 to 289 grams per ton silver.
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