Cartier Reports High-Grade Silver, Lead, and Zinc Values at Gonalbert Property in Southern Bolivia
Cartier Silver Corporation has released the results of an extensive underground channel sampling at its Gonalbert property in Southern Bolivia. The sampling revealed high-grade silver, lead, and zinc values across various levels of the underground workings. The company also conducted a reconnaissance drill program to test geophysical and geological targets, with results from the final two holes reported. The correlation between the strong chargeability anomalies and the significant intersections in the drill holes and underground workings indicates the potential for wider zones of higher-grade silver. The company is encouraged by these results and intends to further explore the enormous exploration potential of the Gonalbert property.
Underground Channel Sampling
The systematic underground channel sampling covered a 2km strike length and revealed widespread high-grade silver values along with significant lead and zinc values. The sampling was conducted across various levels of the underground mine workings, providing valuable insights into the nature and extensions of silver-rich structures.
Reconnaissance Diamond Drilling
Cartier Silver also conducted a 3-hole, 1,364.8m reconnaissance drill program to test geophysical and geological targets for epithermal silver-lead-zinc mineralization. While one hole did not intercept any significant mineralization, another hole confirmed the potential for wider zones of higher-grade silver. The correlation between the chargeability anomalies and the significant intersections in the drill holes further supports the exploration potential of the Gonalbert property.
The positive results from the underground channel sampling and reconnaissance drilling indicate the presence of high-grade silver mineralization and highlight the potential for further exploration and development. Cartier Silver is committed to continuing its efforts to unlock the full potential of the Gonalbert property in Southern Bolivia.
Implications for New Businesses
The recent findings by Cartier Silver Corporation at their Gonalbert property in Southern Bolivia could have significant implications for new businesses in the mining sector. The discovery of high-grade silver, lead, and zinc values presents a lucrative opportunity for those looking to invest in mineral exploration and mining. The potential for wider zones of high-grade silver, as indicated by the correlation between chargeability anomalies and significant intersections in the drill holes, could mean a more abundant supply of these valuable resources.
Increased Investment Opportunities
For start-ups in the mining industry, this could mean increased investment opportunities. Investors are often attracted to businesses that show great potential for profitability and growth. The promising results from the Gonalbert property could therefore attract more investors to new businesses in the sector, providing them with the necessary capital to kick-start their operations.
Boost to Local Economy
Moreover, the development of the Gonalbert property could also provide a significant boost to the local economy in Southern Bolivia. New businesses could create jobs and stimulate economic growth in the region, benefiting not just the mining sector, but also ancillary industries and the local community.