Savant Explorations Ltd. announces it has completed its orientation drill program on its Vinata Property located in North Central Mexico in the prolific Central Mineral Belt recognized for its numerous large limestone hosted silver-lead-zinc deposits as exemplified at the producing mines of Bismarck, Santa Eulalia and Naica.
Savant's initial drill program consisting of three diamond drill holes totalling 1,862.5m was designed to test for Cretaceous aged carbonate hosted silver rich lead-zinc mineralization beneath and along strike from geochemically anomalous (in silver, zinc, lead, molybdenum, copper and other pathfinder metals) in manganese-carbonate oxide vein-breccia structures within hydrothermally-altered cover volcanic rocks. Although the down-dip extensions of the surface structures were intersected by the drill-holes, the targeted Cretaceous-age limestone was not encountered in any of the holes.
The source of the near surface manganese-silver mineralization remains enigmatic. Results of the drilling program in conjunction with geophysical results and surface geological mapping will be reviewed and integrated over the next month to formulate a plan with respect to future work programs on the property.
The Vinata Property is subject to a purchase agreement between Savant and Minera Gama S.A. de C.V. and an option agreement with Selwyn Resources Ltd. (see Savant news release of October 7, 2009).