Agoracom Blog Home

Posts Tagged ‘$FCO’

VIDEO: Fabled Silver Gold Goes “Beyond The Presentation” with New High Grade Gold Discovery in Mexico $FCO $FBSGF $RDU $KTN $GMBXF $EDR

Posted by AGORACOM at 4:35 PM on Thursday, July 15th, 2021

Fabled Silver Gold (FCO TSXV) ( FBSGF: OTC ) controls 100% of the Santa Maria mine gold and silver property in Mexico. It is a high grade silver gold property that is situated right in the middle of the Mexican Epithermal silver gold belt that has reportedly produced more silver than any other equivalent area in the entire planet.

To say it’s a mining friendly jurisdiction is an understatement.

Multiple major operators are in the vicinity and it’s already got a silver equivalent 43-101 of 3.2m ounces, but is looking to add to that significantly with recent intercepts of 2269 g/t silver.

That is not a typo, in other words it is also 2.269 kilos AgEq or 72 troy ounce.

Just recently, Fabled encountered a new, previously unknown gold zone with the discovery of a new high grade gold system with values up 10.85 g/t Au within 30.7m grading 161.09 Ag Eq

This quote from Peter J. Hawley, CEO and President sums up the future potential aptly:

……“ we have found a new, never discovered high grade gold mineral domain system, with silver credits, over consistent widths in an area never explored, and which remains open to the west and at depth, plunging 45 degrees to the west and open in all directions for expansion.

Recent underground diamond drilling also intercepted 4 Zones of Silver Mineralization including 314.35 g/t Ag Eq over 0.80m.

Fabled is intent on proving Santa Maria is bigger and of potentially higher grade than the market understands and is well on its way with intercepts such as these.

Sit back with your favorite beverage as Peter Hawley explains the importance of the latest discovery within the context of the Fabled corporate presentation

The Santa Maria Project is poised to deliver as exploration continues to deliver discoveries through both above and underground drill programs.