Hunt Mining Corp. is pleased to announce assay results from the Corporation's 2014 drilling on the La Valenciana Project located in Santa Cruz, Argentina.
This was the first drill program undertaken by the Corporation at La Valenciana and consisted of 42 holes totaling 3,000 meters, designed to partially test four separate targets: Principal, 19 holes totaling 1,315 meters; Valenciana, 6 holes totaling 438 meters; Rosario, 7 holes totaling 521 meters; and Florentina, 10 holes totaling 726 meters.
The La Valenciana Project encompasses an area of more than 30,000 hectares, about 70 percent of which remains essentially unexplored. More than 2,500 surface samples have been collected from the project, ranging from below detection and up to 40 g/t Gold and 4,600 g/t Silver.
At the Principal target, 17 of the 19 drill holes intersected mineralization of >0.1 g/t Au over true width intervals ranging from 1.25 to 25.5 meters at depths of less than 71 meters. Ten of these holes were significantly mineralized, intersecting one or more intervals containing >1.0 g/t Au over true widths ranging from 1.0 to 25.5 meters. Select assay results from the Principal target include:
Hole # LV-D14-01:
- 25.5 meters (58.1 feet) true width of 1.1 g/t gold, including:
- 3.4 meters true width of 3.5 g/t gold including:
- 1.0 meters true width of 6.42 g/t gold
Hole # LV-D14-02:
- 17.4 meters (40 feet) true width of 2.68 (grams/tonne) g/t gold, including:
- 7.1 meters true width of 4.0 g/t gold, and
- 3.8 meters true width of 3.8 g/t gold including:
- 1.5 meters of 7.6 g/t gold
Hole # LV-D14-04:
- 10.3 meters true width of 2.7 g/t gold, including:
- 6.3 meters true width of 4.2 g/t gold, including:
- 1.0 meters true width of 12.1 g/t gold
Hole # LV-D14-17:
- 9.3 meters true width of 1.3 g/t gold, including:
- 2.4 meters true width of 4.1 g/t gold
Mineralized intersections in the Principal target holes not cited above (LV-D14-01 through 19) include gold grades ranging from 0.13 to 10.12 g/t Au over true widths of 0.6 to 20.1 meters. A table with all 2014 Principal target drill results can be viewed at www.huntmining.com
At the Rosario target, 6 of the 7 drill holes intersected mineralization of >0.1 g/t Au over true width intervals ranging from 1.0 to 15.0 meters at depths of less than 44 meters. Three holes intersected significant mineralization >1.0 g/t Au over intervals ranging from 1.0 to 7.0 meters true width. Select assay results from the Rosario target include:
Hole # LV-D14-26:
- 7.0 meters (16 feet) true width of 2.4 g/t gold including:
- 1.0 meters true width of 10.5 g/t gold and 76.5 g/t silver
Mineralized intersections in the Rosario target holes not cited above (LV-D14 24 through 30) include gold grades ranging from 0.10 to 1.7 g/t Au and 0.5 to 101.5 g/t Ag. A table with all 2014 Rosario target drill results can be viewed at www.huntmining.com
At the Florentina target, all 10 drill holes were mineralized, intersecting one or more intervals containing >0.1 g/t Au over true width intervals ranging from 1.0 to 6.8 meters at depths of less than 77 meters. One hole (LV-D14-37) intersected mineralization >1.0 g/t Au in two separate thin intervals of 0.4 and 0.5 meters true width. Select assay results from the Florentina target include:
Hole # LV-D14-37:
- 6.8 meters (15.5 feet) true width of 0.32 g/t gold and 93.8 g/t silver, including:
- 1.8 meters true width of 0.6 g/t gold and 282.0 g/t silver, including:
- 0.5 meters true width of 1.36 g/t gold and 537.0 g/t silver
Source: http://www.huntmining.com/