VANCOUVER, British Columbia and HONG KONG, Sept. 7, 2021 (GLOBE NEWSWIRE) – Reyna Silver Corp. (TSXV: RSLV; OTCQX: RSNVF; FRA: 4ZC) (“Reyna” or the “Company” is pleased to provide an update on the progress of its two ongoing drilling campaigns at the Guigui and Batopilas projects in Chihuahua, Mexico and other corporate initiatives.
Strengths
In Guigui, 12,000 meters of level 1 drilling have been completed and Reyna is only waiting for the analyses for the last few hundred meters. A press release with the effects of the full drilling crusade will be held in due course, once all the tests have been performed. cattle from the laboratory.
In Batopilas, approximately 2,500 meters of drilling were drilled out of the 10,000 meters planned for Stage 1. The first 1,000 meters have returned from the lab and the effects of the drilling will be reported this week.
At Medicine Springs and La Reyna, Reyna continues to move toward drilling. At Medicine Springs, a sampling and mapping program has been completed and a Lydar prospecting is planned in the coming weeks.
Guigui Project, Mexico
The first 12,000 metres of drilling planned for Stage 1 have been completed. Reyna is waiting for the effects of the latest loads of analysis meters. The effects of the full program will be published in a press in the coming weeks.
Reyna has Stage 2 drilling, the main points of Stage 2 drilling will feature the effects of Stage 1. A minimum budget of another 10,000 meters has already been approved through the Council for Stage 2 (for a total of 22,000 meters).
A virtual excursion to the Guigui site can be taken here and on the company’s online page www. reynasilver. com, which provides a review of the strategy, activities and objective of the exploration program in the prominent mining district of Santa Eulalia with more than 500 million ounces of silver production.
Click to watch the video
Batopilas Project, Mexico
Reyna’s Phase 1 drilling at Batopilas includes 10,000 meters of drilling that began in June 2021. The drilling program follows targets set through Reyna’s technical team in the spring exploration crusade that exposed multiple extensions of 30 known veins in the district, as well as two new veins with multiple effects from high-strength gold and silver samples up to 42,306 g/t Ag and 21. 4 g/t Au.
The first 2,500 meters are finished and will have the effects of the first 1,000 meters, and Reyna will make those effects available to investors this week.
A virtual visit to the Batopilas online page can be done here and on the company’s online page www. reynasilver. com.
Click to watch the video
Project Medicine Springs, USA
Reyna spent the spring doing an extensive sampling crusade and quadrupling the position of the land in the Medicine Springs project. The Corporation is sure that we are now the entire district. An extensive sampling and mapping crusade was carried out during the summer and was completed at the end. A Lydar survey is planned as a final step in delineating our drilling targets. As soon as drilling targets are identified, we will start with drilling permits. Some asset spaces have drilling permits that would be easy to perform. reactivate and the new spaces that we have rethought, the process will be a little longer. The Board of Directors approved a budget for an initial drilling of 7,000 meters, which we expect to complete in the next quarter of 2022
A virtual tour of the Medicine Springs site can be taken here and on the society’s website www. reynasilver. com.
Click to watch the video
La Reyna, Mexico
A small sampling programme has been carried out at La Reyna and the Society is examining the odds of further consolidating the position of the field. Reyna is also making progress on access and is making plans for a sampling and mapping program to prepare for drilling. of the allocation in the fall of 2021 A 5,000-meter drilling crusade was approved.
https://reynasilver. com/projects/lareyna
Annual General Meeting
Reyna held its General Shareholders’ Meeting on June 28, 2021 and shareholders voted in favor of the re-election of all members of the Board of Directors, adding Peter Jones, Jorge Ramiro Monroy, Michael Wood, Alexander Langer and Evaristo Treviño as directors of the Company until the next one. Annual Shareholders’ Meeting. Shareholders also renewed DeVisser Gray LLP as the Company’s auditors for next year and approved the continuation of the Company’s inventory options plan. Following the meeting, the Board reappointed Alex Langer, Peter Jones and Evaristo Trevino to its Audit and Compensation/Compliance Committees.
On behalf of the Board of Directors of Reyna Silver Corp.
Jorge Ramiro Monroy
Chief executive officer
About Reyna Silver Corp. Reyna Silver Corp. es a silver exploration company with a strong portfolio of silver assets in Mexico and the United States, built around the guigui and Batopilas allocations, which were part of MAG Silver’s initial IPO portfolio. also actively exploring the assignment of Medicine Springs in Nevada, some other CRD goal, and the assignment of La Reyna in Chihuahua, an epithermal vein assignment in the Cusihuriache Historic District. High-quality discoveries throughout the district.
Neither TSX Venture Exchange nor its Regulatory Service Provider (as that term is in TSX Venture Exchange’s policies) accepts the duty of adequacy or accuracy of this release.
For information, please contact:
Reyna Silver Corp Jorge Ramiro Monroy, Généralinfo@reynasilver. com www. reynasilver. com Director
The videos that accompany this announcement are available at:
https://www. globenewswire. com/NewsRoom/AttachmentNg/e8d3c85c-1bfe-4d32-aedd-fe8339067736
https://www. globenewswire. com/NewsRoom/AttachmentNg/853f3209-c65b-409f-89c1-8f535016742c
https://www. globenewswire. com/NewsRoom/AttachmentNg/7a2ddf7f-5e53-4c14-bf75-26f640cd7284