BP Silver – Assays Returned From First Drilling At Jalsuri North Target Show Broad Intersections Of Zinc and Silver Mineralization

Tim Shearcroft, CEO and Co-Founder of BP Silver Corp. (TSX.V: BPAG) (OTCQB: BPSCF), joins me to review the newest assay results from its ongoing Phase 2 diamond drilling program at the Cosuño Silver Project, in Bolivia. This initial drilling at the Jalsuri North Target highlights a significant new emerging polymetallic discovery that intersected broad intervals of both zinc and silver mineralization.

HIGHLIGHTS

Mineralization is located approximately 3 kilometers from the high-grade silver Pocañita Chica occurrence and is interpreted to represent the upper and/or distal portions of a large intermediate sulfidation hydrothermal system. It remains open for expansion in all directions. Hole CO-0015 intersected a 142 meter ("m") zinc-dominated intersection grading 1.42% zinc and 8.9 g/t silver (2.14% zinc equivalent) from 5 to 147 m, including 59 m grading 2.57% zinc and 12.25 g/t silver (3.72% zinc equivalent) from 5 to 64 m, and 22 m grading 5.18% zinc and 27.7 g/t silver (7.75% zinc equivalent) from 19 to 41 m (Table 2 and Figure 2).

Hole CO-0015 also returned a 2 m silver-dominated intersection grading 249 g/t silver and 3.46% zinc (495.4 g/t silver equivalent) from 35 to 37 m, and 2 m grading 132.0 g/t silver and 0.66% zinc (189.0 g/t silver equivalent) from 107 to 109 m (Table 1 and Figure 2).

Tim goes on to unpack how these results tie into the larger exploration initiatives from the sampling, mapping, geological surveys, and other Phase 1 and Phase 2 results thus far. We discuss what the follow-up process will be at Jalsuri North and Jalsuri Northeast, where other holes have been drilled and are awaiting assays.

We also reviewed the recent high-grade results at Pocañita Chica from CO-0013, and how the company is currently drilling to undercut the prior holes drilled CO-008 and CO-009 during Phase 1 drilling to test the potential deeper feeder zones. Wrapping up we also discussed the future initiatives to do first pass drilling at the larger Pocañita Grande target.

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