Silver Viper Minerals Corp (VIPRF)

[douginil]

Silver Viper Announces Filing of NI43-101 Technical Report for Previously Announced La Virginia Project Maiden Resource

June 14, 2021

Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to announce that the Company has filed on SEDAR an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the maiden mineral resource estimate for its La Virginia Precious Metal Project, previously reported in the Company's news release dated May 3rd, 2021. The Mineral Resource Estimate was prepared in accordance with the guidelines of the Canadian Securities Administrators National Instrument 43-101; and have been estimated in conformity with generally accepted CIM “Estimation and Mineral Resource and Mineral Reserve Best Practices” guidelines.


About the Project

La Virginia is located 220 kilometres east-northeast of Hermosillo, Sonora and is prospective epithermal style precious metal mineralization. Gold and silver mineralization at La Virginia occurs within breccias, veins and stockworks, hosted primarily by andesitic volcanics, often in close spatial association to, or cross-cutting pre-mineral dacite dykes and controlled by fractures and faults that define the regional structural trend. Silver Viper’s reconnaissance program identified key targets and trends which are of primary interest and subsequently filed strategic reductions in claims to attain the current project surface area of 6,882 hectares.

At the completion of the 2020 phase of work at La Virginia, Silver Viper had completed a total of 100 drill holes for a combined meterage of 27,021 metres across the project. Exploration drilling continues at La Virginia using a single diamond drill supplied by Hermosillo-based drill contractor, Globexplore Drilling Corp. Drilling by the Company to date builds upon a sizeable database of recent historical work including 52,635 metres of drill core from 188 diamond drill holes, generated by the efforts of previous operators between 2010 and 2013. Silver Viper is expanding upon this work by continuing exploration north and south into prospective untested ground.


Read at:
https://mailchi.mp/silverviperminerals/silver-viper-announces-filing-of-ni43-101-technical-report-for-previously-announced-la-virginia-project-maiden-resource?e=6bf1d43799




Read May 3, 2021 PR at:
Estimate includes Indicated Resources of 154,300 Oz Gold and 6,929,000 Oz Silver and Inferred Resources of 260,300 Oz Gold and 12,941,300 Oz Silver
https://silverviperminerals.com/news/2021/silver-viper-announces-a-maiden-gold-silver-mineral-resource-estimate-at-la-virginia-project/