Canada’s Silver Sands Resources Corp. has announced it began the phase one of its drilling campaign at the Virginia silver project in Argentina’s state of Santa Cruz which is the company’s key asset.
“This initial diamond drill program of 2,500 metres is designed to test gaps and extensions of the principal veins previously defined at the Virginia project …, as well as to test new vein structures that have returned high silver assay results from rock chip sampling,” the miner said in a statement.
Keith Anderson, the company’s chief executive, commented that with “over $3 million in the bank the drill program is fully funded, allowing us to readily increase the 2,500 metres based on positive results. We anticipate a steady flow of catalysts to our shareholders in the coming months”.
Santa Cruz is located in the country’s southern part.