Capitan Silver Adds Fourth Drill Rig in Mexico
2026-06-12 08:45
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en.Wedoany.com Reported - Canadian mining company Capitan Silver Corp. has announced the addition of a fourth drill rig at its Cruz de Plata silver-gold project in Durango, Mexico. This diamond (core) drill rig will immediately begin operations, joining one reverse circulation (RC) rig and two other diamond drill rigs already operating on site.

Capitan Silver intensifies exploration in Durango: Adds fourth drill rig at Cruz de Plata project

The addition of new equipment marks a significant step in the company's execution of its planned 60,000-meter drilling program for 2026, the largest exploration campaign in its history. Since March 2025, three diamond drill rigs have been operating, primarily targeting the testing and expansion of identified high-grade silver zones within the mineralized body at depth and along geological strike.

The newly arrived drill rig will prioritize "Target B," a developing high-grade zone located east of the Peñoles fault, near the historic San Rafael mining area. This rig aims to confirm the vertical continuity of multiple sub-parallel silver mineralized zones at an early exploration stage and to deepen areas previously intersected by control drill holes.

Meanwhile, the other three operating rigs are evaluating other priority areas: "Target A" focuses on expanding the mineralized zone west of the Peñoles fault, and "Target C" targets the westernmost extent of the Jesús María silver belt. Currently, assay results from 61 drill holes (including 36 core holes and 25 reverse circulation holes) are still pending from the laboratory, as Capitan Silver accelerates its efforts to delineate and grow its precious metal resources.

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