Doc Jones and Simon Ridgeway discuss The Holly Project Drill Results and path the a RERATE
It's early days but so far the results strengthen my original thesis. -Simon posits adding a 2nd rig to the project -Treasury currently at $10 Million -Blind vein discovered "The Amber Vein" with strong visible gold -The push towards a resource of 1 million ozs of high grade. -Volcanic Gold recent results: 14.8m @ 3.96 g/t gold and 1,097 g/t silver, including 2.2m @ 9.79 g/t gold and 2,035 g/t silver, and 1.85m @ 5.6 g/t gold and 2,801 g/t silver at Holly Project, Guatemala -Simon Ridgway, Volcanic’s President and CEO, commented: “It is great to see La Peña vein developing as a robust gold/silver system. We are currently drilling hole HDD-21-021, stepping out along strike of La Peña vein which does not appear to be a narrow shoot.” -La Peña vein drill hole 4 cut a zone of disseminated silver mineralization grading 378 g/t Ag over 9.15m within the footwall of the vein (not included in the reported intercepts). This silver mineralization was finely disseminated in altered volcanic rocks without significant veining. The overall silver interval with La Peña vein and footwall disseminated silver mineralization returned 34.6m at 574 g/t Ag. The hole stopped a few meters after the disseminated silver interval, with the final meters not assayed. --- Send in a voice message: https://podcasters.spotify.com/pod/show/docjonesresourceinvestor/message