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flag Patriot Resources reports 31.4 million silver-equivalent ounces at its Tassa project in Peru, with plans for further drilling and development.

flag Patriot Resources has announced a maiden inferred mineral resource of 31.39 million silver-equivalent ounces from its Tassa project in southern Peru, based on 18.53 million tonnes at 52.68 grams per tonne silver-equivalent. flag The deposit, which includes 25.5 million ounces of silver and 40,000 ounces of gold, is hosted in a large, open-ended epithermal system and is suited for cost-effective open-pit mining. flag Defined by 26 diamond drillholes, the resource was calculated using a 25g/t cut-off and has a low equivalent cost of about $0.04 per ounce. flag The C1 zone contributes 14.79 million ounces. flag High-grade intersections include 60 meters at 224.2g/t silver and 81.9 meters at 0.41g/t gold. flag Patriot plans step-out and infill drilling to upgrade the resource, with a broader exploration target of 40 to 87 million ounces. flag The company is also advancing its Kitumba copper project in Zambia.

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