Drill Proposal For The Boston and Montgomery Mines Project


VANCOUVER - Masivo Silver Corp. reported that their Geological Team has prepared a Phase 1 Preliminary Drill Proposal for the Company's Boston and Montgomery Mines project in the State of Nevada. Eight holes totaling approximately 1,200 meters have been proposed to test the main mineralized zones at the Project's Boston Mine patent and Montgomery Tunnel, as well as historical Induced Polarization (IP) anomalies.

Boston Mine patent - three holes will test historic mineralization including reported historic ore in the mine shaft at a depth of 90 feet grading 2,880 grams per tonne silver (g/t Ag), 25.7 g/t gold (Au) and 32% copper (Cu). An additional report stated that there was a six-inch vein at this same depth that assayed 10,885 g/t Ag (i.e. more than 1%). These reports are not compliant with NI 43-101 reporting standards and all numbers quoted should be considered as historic. Montgomery Tunnel - two holes will be drilled under and adjacent to the Montgomery Tunnel, where numerous high-grade surface samples with abundant visible gold (VG) have been collected. Channel samples taken by Masivo personnel have returned 29.5 g/t Au and 169 g/t Ag over three feet and 3.3 g/t Au, 89.8 g/t Ag and 3.1% Cu over 10 feet. IP anomalies - At least three holes are planned to test historical IP anomalies that are interpreted to reflect sulfide mineralization that is part of the skarn geology. Based upon the results, a decision will be made as to expanding the IP survey over the rest of the property.

Brian Brewer, the Qualified Person for Masivo, said, "We are very pleased to take another step in our exploration of the past-producing Boston and Montgomery Mines project. Our drill program, using modern-day technologies, will focus on testing historic data, which includes high-grade showings of gold, silver and copper. We look forward to updating the market with our results and continued exploration as we move forward."