Agoracom Blog

Fabled $ Drills 3.3 Meters of 561.20 g/t Ag and 0.90 g/t Au within 6.0 Meters Grading 323.88 g/t Ag and 0.54 g/t Au at Santa Maria $ $ $GMBXF $

Posted by AGORACOM at 8:19 AM on Wednesday, February 3rd, 2021
  • Over 10 ounces of silver over 6 meters.
  • 2nd hole of 8000m program
  • Followed up with SM20-03, designed to be the deepest hole ever drilled on the property.

Fabled Silver Gold Corp. (TSXV: FCO) (FSE: 7NQ) (“Fabled” or the “Company”) is pleased to announce the second diamond drill hole from the on-going 8,000 meter drill program on the Santa Maria Property in Parral, Mexico, with assays from two additional holes pending.

Peter J. Hawley, CEO and President, remarks, “As expected, the sulphide contents of the Santa Maria vein and structure has increased and intercepted over 10 ounces of silver over 6 meters. These exceptional high- grade results intercepted at -145 meters vertically below surface will be followed up by hole SM20-03 which was designed to hit the Santa Maria structure at a vertical depth of -350 meters below surface which will be the deepest hole ever drilled on the property.”

Peter Hawley continues, “The data being obtained from this fence of drill holes will not only target adding silver ounces to the overall resource but also allow us to interpret and model the behavior of this robust mineralized system for future drill hole success.”

Table 1: Drill Hole Intercepts

Hole NoFrom (meters)To (meters)Width (meters)Au g/tAg g/t

Drill holes SM20-01, SM20-02 and SM20-03 are drilled on the same section with holes 02 and 03 targeting the sulphide intercept of the Santa Maria vein and structure, which is typically higher in grade due to metal values not being leached out by surface ground waters as commonly seen in oxide zones.

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