Historic Drill Results Reveal 2.60 m at 1,240 g/t Silver at Ecuador Mine
TOMXF filed a Product Development and Regulatory on light trading volume (0.1× avg).
Summary
Trinity One Metals compiled historic 1978 UN drill data from its Silver-1 mine in Ecuador, revealing high-grade silver intercepts below the known mining depth. Hole SB-18 hit 2.60 m at 1,240 g/t silver, including a 0.25 m interval at 8,002 g/t silver, at a vertical depth exceeding the 90 m historical mining limit. These results suggest mineralization continues beneath old workings, expanding the exploration target. The data comes from paper records digitized by the company's team and has not been independently verified by resampling. This is the first disclosure of these intercepts and could materially enhance the project's resource potential, though verification drilling is needed.
At the time of this announcement, TOMXF was trading at $0.15 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $4.8M. The 52-week trading range was $0.00 to $0.42. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.