Intercepts From First Hole At The Boston Mine

VANCOUVER - Masivo Silver Corp. has successfully completed its first Hole from their phase I drilling program on the Boston Mine Project in the State of Nevada. BM22-01 was drilled from the private property in the Boston Mine area. The core hole was drilled to a total depth of 252 feet at an azimuth of 210° and an inclination of -45°. The hole was drilled under the portal of the Boston Mine where historic high-grade gold was reportedly encountered sub-parallel to bedding. BM22-01 was drilled perpendicular to bedding. The hole targeted two projected parallel mineralized zones and encountered significant copper-gold-silver values related to a skarn zone with strong calc-silicate alteration along with locally pervasive copper sulfide (bornite) mineralization.

The core from BM22-01 was geotechnically and geologically logged by a Professional Geologist who delineated sample intervals that were confined to a maximum drilled length of 5 feet. Once logged, the core was photographed and split utilizing a hydraulic core splitter. Samples consisting of one-half core were sent to ALS Laboratory (an ISO accredited lab) where gold analysis by fire assay with ICP-AES and multi-element analysis by four acid digestion ICP was completed. Results from the first drill hole indicate that Masivo's geological model and projected target zones (mineralized zones "M" and "N") appear to be accurate. Hole BM22-01 encountered two projected mineralized zones.

Masivo also intends to complete additional drilling in the Montgomery Tunnel target area adjacent to the Boston Mine where historical results include; 5 feet at 26.19 ppm Au, 59.31 ppm Ag and 1.81% Cu (RC hole CON-5) and a 3-foot channel sample at 29.49 ppm Au, 169.03 ppm Ag and 3.9% Cu (sample 83770). Several IP anomalies are also slated to be drill tested in Phase II of Masivo's drill program.

Brian Brewer, the Qualified Person for Masivo, stated, "I am extremely excited about our first drill hole results and the assay results are precisely what I was expecting from this first hole. Given the high grades of Au, Cu and Ag produced in the past per our historical data, I am confident that we are on the right path for our drill program."