E2 Metals completes drilling at Mia and Patricia prospects within Conserrat gold-silver project

E2 Metals E2M ASX Conserrat project exploration drilling gold silver Argentina
Drilling has now begun at the Ro and Florencia prospects within the Argentinean project.

Australian exploration company E2 Metals (ASX: E2M) has completed a short drilling campaign at the Mia and Patricia prospects within its flagship Conserrat gold-silver project in the Santa Cruz province of Argentina.

Drilling at Mia was designed to test extensions of high-grade assays announced in May, which included 8m at 7.46 grams per tonne gold and 216g/t silver.

Five reverse circulation (RC) and three diamond drill holes were completed for 909m, with hole lengths from 84m to 169m.

All drill holes intercepted epithermal veins, breccias and alterations similar to previous program.

At Patricia, scout drill holes were designed to locate the source of a float train of banded epithermal veins with visible gold containing up to 40g/t and 262g/t silver.

The program comprised four RC holes for 394m on two fences spaced 75m apart, with hole lengths from 96m to 102m.

E2 confirmed one of the holes intercepted a 4m wide vein from 92m downhole depth, indicating the float train is displaced up to 50m north of the source.

Further drilling is being considered to better define the vein’s strike extent.

All drill samples from Mia and Patricia have been submitted to Alex Stewart Laboratories in Argentina.

Results are expected within the month, with minor delays created by COVID-19 travel restrictions.

Both rigs remain on site for a 1,500m drill program at the Ro and Florencia prospects.

Rock chip sampling

Followup rock chip sampling at Conserrat’s Emilia prospect has confirmed a high-grade vein target discovered in August, with recent samples returning up to 15g/t gold and 2,146g/t silver.

The mineralisation is believed to be associated with crystalline quartz veins with abundant pyrite, silver sulphosalts (black sulphides) and crude colloform banding.

E2 said the mineralised veins are distinct from the surrounding vein outcrop, indicating the potential for a discrete target at depth.

Sampling has defined a zone of 100m x 50m which is due to be tested with scout RC drilling.

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