Minco Silver Corporation Starts Initial Exploration Program ON Its Norwegian Projects
TSX: MSV; OTCQX: MISVF;
WKN:A0ESX5
September 6, 2022
MINCO SILVER CORPORATION STARTS
INITIAL EXPLORATION PROGRAM ON ITS NORWEGIAN PROJECTS
Vancouver, British Columbia, September 06, 2022: Minco Silver Corporation (“Minco Silver” or
the “Company”) (TSX: MSV) (OTCQX: MISVF) (WKN: A0ESX5) announced today that it had
started an initial exploration program on its newly acquired Sagvoll and Sulitjelma projects in Norway.
Sagvoll VMS Project, Southern Norway
At Sagvoll, mineralization and historic mining areas are positioned along a 13-kilometre trend.
Although multiple historic mines are present in the area, only limited historical drilling has occurred,
most of which were drilled over 100 years ago. Many prospects and mining areas remain untested. The
most recent work conducted in the district occurred in 2006, when Xstrata PLC (“Xstrata”) flew airborne
geophysical surveys and identified five prioritized nickel-copper targets and 11 VMS targets for further
exploration and drill testing . However, the follow -up exploration work was never completed. No
modern exploration has been conducted during the last two decades.
The initial exploration program consists of the compilation of historical data, re-interpretation of Xstrata
EM data, systematic mapping and sampling along the know mineralization trends. The objective of the
program is to define and delineate areas for drill testing.
Sulitjelma VMS Project, Norway
Sulitjelma was one of the largest operating base metal mines in Norway. VMS style mineralization
occurs along a trend that extends over 20 kilometers and is developed along multiple stratigraphic
horizons and structurally repeated sections. Metamorphism and deformation have caused the area's
thickening and repetition of mineralized horizons . The district produced over 25 million tonnes,
averaging 1.84% copper, 0.86% zinc, 10 g/t silver and 0.25 g/t gold. Significant historical resources
were left unmined at the time of closure in the early 1990’s. The district has seen minimal modem
exploration works during the last 40 years.
Four areas of high interest have been defined for the initial exploration program on the Sulitjelma
Project. The Company has acquired the raw airborne VTEM data, including 766 -line km, 150m line
spacing and 1500 tie -lines. Reid Geophysics has been engaged to reprocess the VTEM data, identify
VTEM anomalies, 3D modelling, and geological integration. In addition, systematic mapping and
soil/outcrop sampling program is currently conducted over the four selected areas. The Company plans
to follow up on the target areas defined and delineated during this exploration program by drill testing.
Qualified Person
Mr. Fang Wan, P.Geo, of Minco Silver, is a Qualified Person ("QP") as defined by National Instrument
43-101 ("NI 43-101") and has approved the scientific and technical disclosure in this news release and
prepared or supervised its preparation.
For more information on Minco Silver, please visit the Company's website at www.mincosilver.ca or
contact: the Company at 2060 - 1055 W. Georgia St., Vancouver, BC, Canada, V6E 3R5, Tel: (604)
688-8002, Fax: (604)688-8030, E-mail: [email protected], Website: www.mincosilver.ca.
Cautionary Note
The information herein may contain "forward-looking statements" within the applicable securities legislation. Forward-
looking statements relate to information that is based on numerous assumptions and involve known and unknown risks,
uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the
actual results, performance, or achievements of the Company to be materially different from any projected future results,
performance, or achiev ements expressed or implied by such forward -looking statements. Such information contained
herein represents management’s best judgment as of the date hereof based on information currently available. The
Company does not assume the obligation to update any forward-looking statement.