Vancouver, British Columbia – Makenita Resources (KENYF), is gearing up to launch its maiden drilling program at the Hector Silver Project, signaling an exciting phase for the company. The company has engaged Vital Drilling Services, based in Ontario, with mobilization already underway and drilling expected to commence later this month.
Located in the prolific Larder Lake Mining Division, the Hector Property covers a significant 2,243 hectares across 126 contiguous mineral claims. The initial drilling will home in on high-priority targets identified through geological interpretation and recent fieldwork—a welcome benefit of newly accessible areas, thanks to wildfire-related clear-cutting.
The program is designed to test a series of silver and cobalt targets, informed by an updated structural model derived from airborne magnetic and VLF-EM surveys conducted between 2017 and 2021, totaling 522.9 line-kilometres. This data forms the bedrock of their targeting approach.
One key area of focus will be the Block 9 silver anomaly, historically explored by Teck in the early 1970s. Past drilling in this area yielded promising results, including assays of 326 grams per tonne silver (9.5 oz/ton). The South Keora shaft, a historic high-grade prospect mapped over a 100-metre strike length, will also be targeted. Sampling around 1913 reportedly returned 12-15% cobalt and up to 1,000 oz/ton silver. It’s important to note, though, that past results on or near Makenita’s properties don’t automatically represent the potential for mineralization on the company’s land. Management cautions industry observers to view previous data with a critical eye when assessing future potential.
“This marks a significant milestone for Makenita,” said Jason Gigliotti, President and CEO of Makenita Resources. “With drilling about to begin, we are eager to test the geological models we’ve developed and validate the historic mineralization reported on the property. We believe the Hector Project could hold substantial exploration potential, and this campaign is the first step in potentially unlocking that value for our shareholders.”
Positioned in a proven mining district—one with a deep history of silver and cobalt production—the Hector Project is shaping up to be a pivotal asset for Makenita as it expands its exploration footprint.
Qualified Person:
Kristopher Raffle, P.Geo., Principal of APEX Geoscience Ltd., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical content of this news release.
The CSE has neither approved nor disapproved of the contents of this press release.
Forward-Looking Statements
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Makenita. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Makenita disclaims any intention or obligation to update or revise such information, except as required by applicable law.
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