The Second Phase of diamond drilling program at Cartier Silver’s Gonalbert Property, part of the Chorrillos Project, confirms the presence of a high-grade polymetallic vein system comprising Silver (Ag), Lead (Pb), Zinc (Zn), Tin (Sn), Indium (In) and Gold (Au), consistent with the geology and mineralization of Bolivia’s well-known Tin-Polymetallic Belt. The mineralized system at Gonalbert is associated with a NW-SE structural corridor that hosts the Iska Iska deposit (Eloro Resources Ltd.) and the Chorolque deposit (COMIBOL), located approximately 10 kilometres (km) and 40 km to the north, respectively. This corridor acted as a long-lived hydrothermal pathway that provided a conduit for the transport and deposition of significant metal-bearing fluids.
Beyond the Headline
Cartier Silver reported diamond drill results from its Gonalbert property, part of the Chorrillos Project, which is in Bolivia’s well known Tin-Polymetallic Belt. The mineralized system at Gonalbert is associated with a NW-SE structural corridor that hosts the Iska Iska deposit (Eloro Resources Ltd.) and the Chorolque deposit (COMIBOL), located approximately 10 kilometres (km) and 40 km to the north, respectively. This corridor acted as a long-lived hydrothermal pathway that provided a conduit for the transport and deposition of significant metal-bearing fluids. Significant drill results reported are as follows:
- Drill hole DGL-06, completed in the Igneous Complex (volcanic rocks) at the Gonalbert Property, intersected 632.00 g/t Ag, 30.05% Pb and 15.45% Zn; (1,418.9 g/t AgEq) over 0.77m, beginning at a downhole depth of 146.83 m. The hole also returned 78.00 g/t Ag, 3.51% Pb and 4.65% Zn (239.54 g/t AgEq) over 0.58m, beginning at 111.28m.
- Drill hole DGL-04, completed in the Central zone within the Ordovician Sedimentary Zone, intersected 38.70 g/t Ag, 1.04% Pb and 0.13 g/t Au (65.04 g/t AgEq) over 1.40 m beginning at 123.00 m. It also returned 27.60 g/t Ag, 6.17% Pb and 1.41% Zn (156.68 g/t AgEq) over 1.00 m beginning at 294.20 m.
- Drill hole DGL-05, completed in the contact between Ordovician sedimentary and Tertiary volcanic rocks, intersected a polymetallic vein grading 128.70 g/t Ag, 5.92% Zn, 4.41% Pb, 0.12% Sn and 21.00 g/t In (326.71 g/t AgEq) over 1.92m beginning at 171.32 m. It also intersected a longer interval grading 39.34 g/t Ag, 1.81% Zn and 1.58% Pb (103.63 g/t AgEq) over 15.24 m beginning at 158.00 metres.
The press release notes that the high-grade intercept in Hole DGL-06, grading 632 g/t Ag, 30.05% Pb and 15.45% Zn; (1,418.9 g/t AgEq) over 0.77 metres represents the strongest interval drilled to date at the Gonalbert Property and it is considered typical of the enriched veins in the Bolivian Polymetallic-Tin belt. Hole locations are shown in Figure 5-1.
The Company will proceed with the dewatering of the former mine underground workings at the -140 and -180 levels, including the existing 180 m shaft at the Central Mine, together with associated underground rehabilitation activities at the Chorrillos Project. Dewatering of the Central Mine in the Gonalbert Zone, which is expected to provide access to the underground workings, is anticipated to be completed by the end of the second quarter of 2027.
Figure 1 Source Cartier Silver
