New VP for Silver Viper Minerals Corp. and drilling at Clemente to resume in February 2018

Tsakumis is a seasoned Executive in the mining industry with over 25 years of investment experience with private and public companies. Prior to joining Silver Viper, Tsakumis was the Vice President of Corporate Development at Alio Gold Corp. (formerly Timmins Gold Corp.) for nine years, where he played a key role in the development of the corporation from a junior exploration to a production company.

He began his career in 1989 with the Barrington Group, representing advanced stage mining companies. He has experience in capital formation and management and growth of listed companies, including mergers and acquisitions, corporate governance, and corporate communications. He is a graduate of the University of British Columbia with a BA in Economics.

“Alex is a valued addition to our organisation,” stated Stephen Cope, CEO of Silver Viper. “His extensive knowledge and experience in the mining industry, coupled with his strong core values and work ethic will serve the company well as we strive to achieve our goals.”

Phase I exploration activities at Clemente including reconnaissance mapping, soil sampling and diamond drilling are now completed for the brief 2017 season. Drill and field crews have demobilised, and the remainder of Phase I exploration is scheduled to recommence February 2018.

 

To date, Silver Viper has completed 9 exploration holes on two prospect areas; El Mundo (4 holes totaling 421m) and Nuevo Mundo (5 holes totaling 641m) for a total of 1062 m.

Silver Viper originally planned for a 2000 m diamond drill programme to be completed by mid-November 2017. However, work could not begin until after the initial public offering was completed and challenging ground conditions in target areas resulted in low production rates. Further, exploration work was required to be halted to respect the local land access agreement during the local hunting season. Full assays from the drilling work are pending and will be released once available.

 

“Preliminary Phase 1 drilling at Clemente is now complete for the season as we now prepare for resumption of the programme in February 2018. With a great technical team in place, we look forward to developing our understanding of the Clemente project through our maiden exploration programme,” said Steve Cope, CEO of Silver Viper.

Known mineral deposits in the region demonstrate strong structural control. Previous work on Clemente recognised a complex post-depositional history including two phases of thrust faulting, subsequent folding and later extensional faulting. Silver Viper considers the property to be highly prospective and will continue the initial drill test in February 2018.

Read the article online at: https://www.globalminingreview.com/finance-business/08122017/new-vp-for-silver-viper-minerals-corp-and-drilling-at-clemente-to-resume-in-february-2018/