This infill RC program is part of the company's efforts to publish a maiden resource at Las Conchitas in 2023. Las Conchitas is located just south of the producing San Albino gold mine ('San Albino'), which is currently in commercial production. Drilling was highlighted by:
Drilling Highlights: 12.09 grams per tonne ('g/t') Gold ('Au') and 23.5 g/t Silver ('Ag') over 14.0 m (11.5 m Estimated True Width ('ETW')); including: 15.60 g/t Au and 24.9 g/t Ag over 4.0 m (3.5 m ETW) 31.10 g/t Au and 63.7 g/t Ag over 3.0 m (2.3 m ETW) 18.48 g/t Au and 43.8 g/t Ag over 3.0 m (2.6 m ETW) 15.60 g/t Au and 24.6 g/t Ag over 2.0 m (1.5 m ETW) 30.45 g/t Au and 17.6 g/t Ag over 5.0 m (4.5m ETW) 31.74g/t Au and 14.1 g/t Ag over 4.0 m (3.3m ETW) 21.47 g/t Au and 17.1 g/t Ag over 2.0 m (ETW)
As a reminder to shareholders, Sailfish currently holds a gold stream equivalent to a 3% net smelter return royalty ('NSR') on San Albino and a 2% NSR on the Las Conchitas area which consists of Las Conchitas North, Las Conchitas Central and Las Conchitas South (collectively, 'Las Conchitas').
About Sailfish
Sailfish is a precious metals royalty and streaming company. Within Sailfish's portfolio are three main assets in the
Contact:
Tel: 917-558-5289.
Cautionary statement regarding forward-looking information
Certain disclosures in this release constitute 'forward-looking information' within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur, including, without limitation, statements regarding the Company's expectation that the Las Conchitas discovery will convert into a mineable resource or will ever become mineable and that maiden resources at Las Conchitas will be published in 2023. In making the forward-looking statements in this news release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Las Conchitas discovery will convert into a mineable resource or will ever become mineable and that maiden resources at Las Conchitas will be published in 2023. However, the forward-looking statements in this news release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements, including without limitation: the Las Conchitas discovery will convert into a mineable resource or will ever become mineable and that maiden resources at Las Conchitas will be published in 2023. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
(C) 2023 Electronic News Publishing, source