Pantera Silver Starts Exploration Drilling at Nuevo Taxco Silver Project
Pantera Silver Starts Exploration Drilling at
Nuevo Taxco Silver Project
Vancouver, British Columbia--(Newsfile Corp. - December 30, 2021) - Pantera Silver Corp. (TSXV:
PNTR) ("Pantera" or the "Company") is pleased to announce that diamond core drilling has started at its
Nuevo Taxco Silver Project ("Nuevo Taxco") located in the Pregones Mining District of Guerrero State,
Mexico. The Nuevo Taxco Silver Project is approximately 40 kms northwest of the municipality of Taxco
which is historically known as the "Silver Capital of the World".
The first phase of this maiden exploration drill program will be for up to 2,000 meters. Drilling will follow
up on geological work completed by IMPACT Silver (TSXV. IPT, "
Impact
") on the Nuevo Taxco Silver
project in 2013 which identified and sampled twenty-one (21) high grade silver veins (see below "Nuevo
Taxco Property Highlights"). Drilling will be completed in stages of approximately 500-600 metres per
stage with each stage being assayed and analyzed before commencing the next stage of drilling. Drill
holes will be from approximately 50 to 150 meters in depth.
Commenting on the start of drilling, Pantera CEO, Jay Roberge stated, "We are very pleased to
commence drilling and to apply modern geological science to the rich history of this very prospective
target area. Our staged approach to drilling has been proven effective by other programs in the region
and is the preferred strategy for advancing the project. We are grateful to be given the opportunity to
work in this historical district of Mexico, and for the strong support and assistance of the local
communities."
Nuevo Taxco Property Highlights
Twenty-one (21) high grade veins mapped and sampled within a ~135 hectare area of the
property. All have substantial width and mapped lengths run from 150 to 800 meters and remain
open along strike and depth.
Over 395 samples taken to date have returned assays ranging from 100g/tonne to over 1,000 g/t
Silver including three (3) samples (1,430, 1,230, 1,100 g/t), one hundred and nineteen (119)
grading over 100 g/t Silver including eighteen (18) samples between 500-900 g/t Silver and ninety-
two (92) between 100- 499 g/t Silver.
Permitted maiden drill program is focussed on priority targets within the area historically prepared
for drilling by Impact (~135 hectare area).
The entire ~1,100 hectare property is considered substantively unexplored offering additional
upside exploration potential.
Qualified Person and NI 43-101 Disclosure
Carlos Cham Dominguez is a "qualified person" within the meaning of the NI 43-101, and is responsible
for the technical information disclosed in this news release. Mr. Dominguez is a member of the American
Institute of Professional Geologists and a Certified Professional Geologist (CPG) No. 11760.
About Pantera Silver Corp.
Pantera Silver Corp. is a mineral exploration and development company committed to enhancing
shareholder value by advancing a diverse portfolio of mineral projects through collaborative partnerships
and highly experienced technical teams. Pantera will continue to seek out and secure high-quality,
unencumbered projects through research, staking and strategic acquisitions. Throughout the process,
our mission is to help maintain prosperous communities by exploring for and discovering resource
opportunities that build lasting relationships through honest and respectful business and environmental
practices.
On behalf of the Board of Directors
"Jay Roberge"
CEO/Chairman
Pantera Silver Corp.
www.panterasilver.com
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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This news release contains "forward-looking statements" within the meaning of applicable Canadian
securities legislation. Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management, are inherently subject to
significant business, economic and competitive uncertainties and contingencies. Forward-looking
statements involve known and unknown risks, uncertainties and other factors that may cause actual
financial results, performance or achievements to be materially different from the estimated future
results, performance or achievements expressed or implied by those forward-looking statements and
the forward-looking statements are not guarantees of future performance. Pantera Silver Corp
disclaims any obligation to update or revise any forward-looking statements, whether as a result of new
information, events or otherwise, except as required by law.
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