Regency Silver Corp executive chairman Bruce Bragagnolo joined Steve Darling from Proactive to share news regarding the results from the company's 2023 drill campaign.
The campaign consisted of 6,100 meters in 10 holes and focused on exploration in a specific area. Bragagnolo explained that, during the campaign, 8 of the 9 holes that targeted the lower Dios Padre breccia zone intersected mineralized pyrite-specularite breccia. These results confirmed that the mineralized breccia zone has a strike length of at least 180 meters and a depth extent of at least 150 meters.
Importantly, the breccia zone remains open both along strike, up-dip towards the old silver mine, and at depth.
One of the standout holes from the campaign was REG-23-21, which intersected 54.65 meters of 5.34 grams per tonne (g/t) gold, including 7.36 g/t gold over 38 meters. This represents a significant step-out along strike to the southeast from the discovery hole. These drilling results are highly promising and point to the presence of valuable mineralization in the area of exploration.
The confirmation of the mineralized breccia zone's size and extent opens up exciting possibilities for Regency Silver Corp's future exploration and resource development efforts.