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- E2 Metals (E2M) has resumed drilling at its Conserrat Project in Argentina following a Christmas and New Year break
- Drilling will begin at the Mia prospect, testing a new gold and silver zone discovered late last year
- Two drill rigs are currently on site, including a diamond and a reverse circulation rig
- Regional exploration has also resumed with additional geophysical surveys and surface sampling planned for the first quarter of 2021
- Shares in E2 Metals were up 9.35 per cent at the close of trading on Friday to $0.58 each
E2 Metals (E2M) has resumed drilling at its Conserrat Project in Argentina following a Christmas and New Year break.
The drilling work will focus initially on the Mia prospect, focusing on a new gold and silver zone that was discovered late last year.
Exploration at the Mia prospect has so far intersected 14 metres at 0.4 grams per tonne of gold and 218 grams per tonne of silver, including 4.1 metres at 1 gram per tonne of gold and 644 grams per tonne of silver.
There are currently two drill rigs on site, including a diamond and a reverse circulation rig.
Three diamond drill holes have been planned over a total of 775 metres, testing the gold and silver zone on a 75-metre by 50-metre grid, with the view to provide a preliminary interpretation on the extent and plunge of mineralisation to inform future infill drilling.
Reverse circulation drilling, on the other hand, will focus on the Patricia prospect, testing the northwestern extension of two mineralised structures that were identified during an Electrical Tomography (ET) survey late in 2020.
E2 Metals noted that regional exploration has also resumed at the Conserrat Project, with additional geophysical surveys and surface sampling planned for the first quarter of this year.
“We are pleased to be back in the field following the Christmas break and look forward to further drilling at the new mineralised gold and silver zone discovered in hole DDH-MI20-065 late last year,” said Todd Williams, Managing Director of E2 Metals.
“The company is well funded for 2021 and is focused on making new discoveries at Mia and elsewhere within the project,” he added.
Shares in E2 Metals were up 9.35 per cent at the close of trading on Friday to $0.58 each.
