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Thread: Reyna Silver

  1. #1

    Default Reyna Silver

    Reyna Silver (RSNVF) stock was up today on "discount Thursday" while at the same time POG/POS dropped to recent lows and so I thought about posting a link to some recent news from Reyna Silver. Their June 9th news release stated they've picked up 450 more claims in the area of their Medicine Springs Nevada project.

    https://reynasilver.com/news/?ver=news

    https://www.youtube.com/watch?v=P1VfhaLuDAE
    American Legion Preamble: https://www.legion.org/preamble

  2. #2

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    At this point I am cautious about investing in mining in the U.S. with the current administration shutting down drilling and delaying permitting...
    The only U.S. mining company I own is Ares mining since they already have the drilling done and are fully permitted. The XL pipeline shutdown is just the beginning with the crazy joe admin follys.
    Anyone that identifies themselves by the color of their skin, is a racist.
    There is only ONE race of people on this planet, the human race.

    Do not be deceived, Darwin’s theory of Evolution is racist. When Darwin is properly understood, it leads to the justification for believing that certain races of people are by birth and nature superior to others and that is the definition of racism.

  3. #3

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    No doubt the present admin would like nothing better than to see us driving Chinese made electric cars and eating tofu or maybe Soylent Green and having no digging into the earth. But all things pass and when people start starving and giving up their cosy lifestyles they might find themselves voted out. By then the dollar might be gone too and maybe my shares will take on increased value.
    American Legion Preamble: https://www.legion.org/preamble

  4. #4

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    Yeah they scream "go green" but then have no idea how much mined metals and elements it takes to make an electric car or a solar panel... It just proves that it has nothing to do with saving the environment and more to do with lip service to the voters so they can keep their jobs.
    Anyone that identifies themselves by the color of their skin, is a racist.
    There is only ONE race of people on this planet, the human race.

    Do not be deceived, Darwin’s theory of Evolution is racist. When Darwin is properly understood, it leads to the justification for believing that certain races of people are by birth and nature superior to others and that is the definition of racism.

  5. #5

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    "June 23, 2021 TSXV Symbol: RSLV


    Vancouver and Hong Kong - Reyna Silver Corp. (TSXV: RSLV; OTCQX: RSNVF; FRA: 4ZC) (“Reyna”) is pleased to announce it has qualified to trade on the OTCQX® Best Market. Reyna has been upgraded to OTCQX from the OTCQB® Venture Market and begins trading today on OTCQX under the symbol “RSNVF.”'
    American Legion Preamble: https://www.legion.org/preamble

  6. #6

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    "REYNA SILVER ADDS SECOND DRILL RIG TO GUIGUI PROJECT

    June 29, 2021

    Vancouver and Hong Kong - Reyna Silver Corp. (TSXV:RSLV; OTCQX:RSNVF; FRA:4ZC) (“Reyna”) is pleased to announce that it has successfully commissioned a second drill rig to expand the drilling program at its Guigui Property in the Santa Eulalia district in Chihuahua Mexico. The second drill rig started drilling targets this morning. Santa Eulalia is Mexico’s largest Carbonate Replacement Deposit (CRD).

    “The exploration team is delighted that the Board has given us another drill rig to drill targets that emerged through our exploration to date,” said Dr. Peter Megaw, Chief Exploration Advisor to Reyna Silver. “We have a large area in which to seek the source intrusion, so the second rig gives us the flexibility to follow up on initial holes while continuing to drill our initially identified targets.”

    “Reyna Silver has already completed 8,000 meters of the 12,000 meters planned for this first stage of exploration and this second rig will allow us to speed up the completion of the entire Phase 1 drilling by the end of July and release the program results soon after.” remarked Jorge Ramiro Monroy, CEO of Reyna Silver."
    American Legion Preamble: https://www.legion.org/preamble

  7. #7

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    "June 30, 2021

    Vancouver and Hong Kong - Reyna Silver Corp. (TSXV:RSLV; OTCQX:RSNVF; FRA:4ZC) (“Reyna”) is pleased to announce that it has started a 10,000 meter drill campaign at its Batopilas Project in Chihuahua Mexico.

    “We are excited to see drilling at Batopilas. We are applying modern day exploration methods and new ideas to unlock the potential of a historic district believed to be the highest-grade silver system in Mexico’s history having produced an estimated 350,000,000 ounces of silver at an average grade of 1.5 kg/t.” Commented Jorge Ramiro Monroy, CEO of Reyna Silver.

    The drill program is following the targets established by Reyna’s technical team in the spring of 2021 exploration campaign which discovered multiple extensions to the 30 known veins in the district, as well as two new veins with multiple high-grade silver and gold sample results of up to 42,302 g/t Ag and 21.4 g/t Au. Most of the veins in the district have seen little to no modern-day exploration. Reyna Silver now owns the historic mine and controls the entire district."
    American Legion Preamble: https://www.legion.org/preamble

  8. #8

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    Reyna's Nevada Medicine Springs silver claim area: https://www.youtube.com/watch?v=HWx1OSxM8-U
    American Legion Preamble: https://www.legion.org/preamble

  9. #9

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    "September 7, 2021 – Vancouver and Hong Kong. Reyna Silver Corp. (TSXV: RSLV; OTCQX: RSNVF; FRA: 4ZC) (“Reyna” or the “Company”) is pleased to provide an update on the progress of its two ongoing drill campaigns at the Guigui and Batopilas Projects in Chihuahua Mexico and other corporate initiatives.

    Highlights

    At Guigui, 12,000 meters of Stage 1 drilling has been completed with Reyna now just awaiting assays for the final few hundred meters. A press release with the results of the full drill campaign will be available in due course, once all assays are received from the lab.

    At Batopilas, approximately 2,500 meters of drilling has been completed out of the planned 10,000 meters for Stage 1. The first 1,000 meters have come back from the lab and drill results will be communicated via a press release to investors this week.

    At Medicine Springs and La Reyna, Reyna continues to advance towards drilling. At Medicine Springs a large sampling and mapping program was completed and a Lydar survey is scheduled in the next few weeks."

    More details at: https://reynasilver.com/
    American Legion Preamble: https://www.legion.org/preamble

  10. #10

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    "REYNA SILVER ENCOUNTERS MULTIPLE HIGH-GRADE SULPHIDE ZONES WITHIN 54.9 METRES OF NEAR-SOURCE STYLE SKARN AT GUIGUI

    October 28th, 2021 - Vancouver and Hong Kong – Reyna Silver Corp. (TSXV: RSLV; OTCQX: RSNVF; FRA: 4ZC) (“Reyna” or the "Company") is pleased to report initial results for its 13-hole Phase 1 drilling program on its 100% owned Guigui Project in central Chihuahua, Mexico. The program was designed to narrow down the location of the probable source intrusion for the Santa Eulalia District- Mexico’s largest known Carbonate Replacement Deposit (CRD). Two holes have cut a previously unknown rhyolitic intrusion over 200 m thick that has extensive high-grade sulphide mineralization along its base. The most significant hole was GG21-28 which intersected 54.90 m (core length) of pervasive multi-stage epidote skarn alteration cut by at least 4 overprinted sulphide mineralization stages. Individual sulphide stages show distinctive silver, lead, zinc, and copper grades indicative of repeated pulses of mineralizing fluids (Figure 2 and Table 1). This combination of repeated sulphide mineralization overprinting pervasive high-temperature alteration (“skarn”) within a highly felsic intrusion strongly suggests that Hole GG21-28 lies close to the undiscovered source of the Santa Eulalia CRD system.

    “We are very pleased that our broadly-spaced systematic drilling program appears to have led us to the threshold of the source of this important historic district. Our main goal for Phase 1 was to locate high-grade mineralization associated with the right style of intrusion, and it turns out we have discovered not only the largest intrusive ever found in the district, but it’s the first mineralized skarn ever seen in Guigui.” stated Jorge Ramiro Monroy, Reyna Silver’s CEO. “We are well funded and look forward to additional success from our aggressive follow-up Phase 2 drilling program”.

    See Video Link below with Peter Megaw Discussing the drill results"

    Dr. Peter Megaw discussing the drill results: https://www.youtube.com/watch?v=XJ3xvQs_fj0


    "The entire 54.90 m skarn zone in GG21-28 is mineralized, but there are 4 principal sulphide-rich stages starting 1300 m downhole (Table 1). The uppermost sulphide zone is silver-rich, averaging 184 g/t (5.9 oz/t) Silver over 2.3 m (core length), but this includes a 0.59 m interval of 523 g/t (16.8 oz/t) Silver. Beneath this is a higher Zinc (to 18.35% Zn) zone with distinctly lower Silver. Following a zone of weakly sulphidized skarn lies a narrow Copper-rich stage (to 1.58% Cu) with moderate Zinc. The lowest 15 m of the mineralized skarn is the most pervasively mineralized and shows consistently high Zinc (to 15.2% Zn) with relatively low Lead except for a discrete galena-rich band grading 10.5% Lead and 99 g/t Silver.

    “This is exactly what our exploration model says you should expect to see when approaching the hub of a major CRD mineralization center”, said Dr. Peter Megaw, Reyna Silver’s Chief Exploration Advisor. “These successive sulphide stages provide strong evidence for the passage of repeated pulses of mineralizing fluids that emanated from a nearby, probably multiphase intrusive center that we are closing in on. This is a breakthrough that means we now have a starting point for exploring upwards into the thick overlying limestone package - where the sulphides should become higher grade, while simultaneously trying to pin down the source intrusion - where the skarn should become more extensive and better mineralized. We eagerly look forward to fleshing out both legs of our CRD model with our Phase 2 drilling”.

    Now that the general source area has been located, a fully funded and permitted, two-pronged 8,000 m Phase 2 drilling program has begun working upwards and outwards from Hole GG21-28. One focus will be to trace the mineralization upwards into limestones, where silver-rich mineralization like that seen at the top of the GG21-28 intercept may be both larger and extend closer to the surface. The other focus will be to trace the sulphide mineralization and related skarn alteration sourceward where the volume of mineralization can be expected to expand."

    (more at Reyna's website)
    American Legion Preamble: https://www.legion.org/preamble

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