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New Listing: Zacatecas Silver (TSXV:ZAC)

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There are four main target areas within the Zacatecas concessions, the Panuco deposit, Muleros, El Cristo, and San Manuel-San Gill. The property also includes several other targets which are relatively unexplored and will be the focus of rapid reconnaissance review.

Additional Information:

Company: Zacatecas Silver
Website: http://www.ZacatecasSilver.com
Stock Symbol: TSXV: TAC
Date Published: Mar 2, 2021
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Zacatecas Silver is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “ZAC”.

The company raised gross proceeds of $8.5 million from two previous private placements of 17 million shares priced at $0.50 per share.

The shares are trading at $1.63.

The Zacatecas Silver property is located in Zacatecas State, Mexico, within the highly prospective Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver.

The property is 25 kilometres south-east of MAG Silver’s Juanicipio Mine and Fresnillo’ Fresnillo Mine and shares common boundaries with Pan American Silver’s claims and El Orito which is owned by Endeavour Silver.

The 7,826 hectares or 19,338 acres property is highly prospective for low and intermediate sulphidation silver-base metal mineralization and potentially low sulphidation gold-dominant mineralization.

There are four main target areas within the Zacatecas concessions, the Panuco deposit, Muleros, El Cristo, and San Manuel-San Gill.

The property also includes several other targets which are relatively unexplored and will be the focus of rapid reconnaissance review.

The Panuco deposit, located in the north of the concessions, is the most advanced prospect, with mineralization that remains open along strike and down dip.
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It has an historic inferred mineral resource of 19,472,901 ounces silver equivalent from 3,954,729 tonnes at 153.2 grams per tonne silver equivalent.

Muleros is characterized by three sub-parallel, silver-gold-base metal mineralized veins which can be traced over a strike length of at least 3 kilometres.

El Cristo, which comprises a number of silver-base metal veins that define an extensional jog of approximately 3 km in strike length and 500 m of width, represents the northwest strike extension of the Veta Grande vein system which is reported to have produced over 200 million ounces of silver.

San Manuel-San Gill is a relatively unexplored target with northwest-southeast oriented silver-base metal veins.

An 800 metre long, north-south oriented hematic breccia with elevated gold tenor, is a robust gold target.

The company is well funded with more than $9 million in cash to carry out an extensive drill program including an immediate 10,000 metre drill program on the vein system outside of the historical resource estimate at the Panuco Deposit, at the Veta Grande vein extension target and on other high priority exploration targets.

For more information, please visit the company’s website www.ZacatecasSilver.com, contact Bryan Slusarchuk, CEO, at 604-229-9445 or by email at info@ZacatecasSilver.com.

I’m Megan Edwards for Investmentpitch Media