Definition Of Targets For Phase I Drilling Program

VANCOUVER - Masivo Silver Corp. is quickly moving forward to define drill targets for a Phase I drilling program in the mineralized JP mining claims on primarily private land, which cover the historic Boston and Montgomery mines. The Boston mine and surrounding area has seen minimal exploration since it closed at the onset of WWII. Historical shipments of high-grade silver, gold and copper reported grades up to 226 g/t silver, 9 g/t gold and 6.8% copper, with localized zones of up to 2,880 g/t silver, 25.7 g/t gold and 32% copper (USGS Publication: Bulletin 847-A). Previous exploration work completed resulted in grades up to 26.19 g/t gold and 59.31 g/t silver reported in RC drill hole "Con-5" from 70 to 75 feet and rock chip samples of 29.29 g/t gold and 169.03 g/t silver (sample 83770) from the Montgomery mine area.

Permitting is expected to be easily obtainable in the short term, as the majority of the drilling will be conducted on wholly controlled private land and the NOI level of disturbance will be quite restricted on BLM land. The permitting process has begun. A Phase I core drilling program will be proposed in the very near future, taking into consideration the new assay results as well as the historical data.

Independent QP, Brian Brewer, said, "It is apparent that the Boston Mine project is host to widespread Skarn type mineralization. I was able to observe visible gold (VG) in several hand specimens that were collected from the Boston and Montgomery mine areas. This further supports that high-grade gold mineralization is associated with the Skarn alteration."