Mantaro Precious Metals Corp. Starts 5,000m Drill Program at Golden Hill

(Mantaro, 19.May.2022) — Mantaro Precious Metals Corp. (TSXV: MNTR) (OTCQB: MSLVF) (FSE: 9TZ) announced the maiden 5,000-meter diamond drill program has commenced at the Golden Hill Property, located in Bolivia.

Figure 1: Diamond Drill Rig on La Escarcha Gold Mine (CNW Group/Mantaro Precious Metals Corp.)

The company will initially focus on drilling the numerous veins within the high-grade La Escarcha Gold Mine. Veins are up to 5 meters wide and contain significant visible gold. Golden Hill’s staff have reported that gold grades increase downwards from surface to the 60 m level which was under limited development. Most gold appears to be free hosted in fractures within quartz and pyrite.

Craig Hairfield, Chief Executive Officer of the company states, “Over the last couple of months, our team has worked tirelessly to prepare the site for ongoing drilling activities and to accurately map the numerous veins in La Escarcha. We eagerly await assay results from this maiden diamond drill program.”

Qualified Person

Dr. Christopher Wilson, Ph. D., FAusIMM (CP), FSEG, a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this news release.