AGORACOM Small Cap CEO Interviews

← AGORACOM Small Cap CEO Interviews24. Sept. · 32 Min.

Maverick's Silver Vista Drill Program, Following Up the Holes No One Went Back To

Maverick's Silver Vista Drill Program, Following Up the Holes No One Went Back To24. Sept.32 Min.

<p><strong>Silver Vista in British Columbia has been drilled four times before. Those drill holes hit long stretches of rock containing silver and copper, including one 46-metre section averaging 48 grams of silver per tonne and 0.62% copper. But nobody ever went back to drill around the best holes. Now Maverick Gold and Silver (CSE: MAV / OTC: VRCFF / FWB: VR6) is doing exactly that.</strong></p><p><strong>The Company has started a 5-hole, 1,300-metre drill program. The money is already raised, the permits are in place, and the plan is to finish before winter. The earlier results came from previous companies and have not yet been independently checked by Maverick.</strong></p><p><strong>WHAT YOU NEED TO KNOW</strong></p><p><strong>The drill is turning now. Instead of re-drilling old holes, Maverick is drilling next to and deeper than the best one. The goal is to find out whether the silver and copper keep going. While the drill is there, the team will also test two other ideas about the property. The program should take about 3–4 weeks.</strong></p><p><strong>Results will come one hole at a time. Each hole goes to the lab as soon as it&#39;s done. BC labs are busy right now, so VP Exploration Ian Foreman expects results in roughly 6–8 weeks.</strong></p><p><strong>This could be a big type of deposit. Maverick believes Silver Vista may be a deposit where the metals sit in layers of rock. These can spread over large areas. According to Foreman, this type of deposit holds about 23% of the world&#39;s copper. It&#39;s unusual to find one in BC, and the Company compares it to large deposits Hecla owns in Montana.</strong></p><p><strong>Permits are taken care of. Maverick has a permit that lets it explore through March 2031. It took about six and a half months to get, which is fast for BC. If this drilling goes well, the Company can keep exploring without waiting for new approvals.</strong></p><p><strong>The property got bigger. Maverick added new claims, bringing Silver Vista to 6,444.5 hectares. The new ground includes two spots where earlier soil samples showed signs of metal, in rock similar to the area being drilled now.</strong></p><p><strong>WHY IT MATTERS</strong></p><p><strong>Companies often drop projects when metal prices are low, not always because the rocks are bad. Silver Vista was drilled in 1991, 1992, 2018 and 2021, but its two best holes were never followed up. Foreman doesn&#39;t guess why: &quot;We don&#39;t know what the rationale or the mi