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Fabled Silver Gold (FCO :TSXV) Successful Drill Programs Point Toward Much Larger Mineralized System
Fabled Silver Gold controls 100% of the Santa Maria Gold & Silver property, Mexico.
A high-grade, underground silver-gold mine situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world for over 500 years
Located in the mining friendly jurisdiction of Parral that has produced over 250M oz silver. Multiple major operators in the vicinity. Grupo Mexico border Santa Maria, a Silver Equivalent 43-101 3.2million ounces Indicated and 1.1m inferred.
Fabled is actively looking to add to these ounces.
Over the last year they have conducted 2 types of Drill Programs (above & underground ) targeting previously untested areas believed to contain further mineralization that will add new ounces to the current 43-101. Both programs demonstrated high degrees of success with the above program defining a new high grade gold system within an area of previously unknown mineralization that increases the deeper they drilled. The underground program was successful locating the various types of mineralized sources responsible for the high grade ore encountered.
Collectively the 2 programs have vastly improved Fabled’s understanding of the entire mineralized system and how to target ounces. As well, the success of multiple programs has created a better understanding of where to look for future ore bodies.
Peter Hawley, President & CEO sits down to discuss the success of both programs and what it means for shareholders moving forward as Fabled continues to add ounces through multiple drill programs. Sit back and enjoy as Peter walks us through the technical aspects to simplify the exploration results for all shareholders.
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