Axcap Ventures Unearths High-Grade Mineralization at Converse Project

Axcap Ventures Inc., based in Vancouver, announces significant assay results from the second drill hole at its Converse Project in Nevada. The drill hole CV25-002C highlighted promising mineralization, including 18.01 meters of 1.75 g/t gold, 1.05 g/t silver, and 0.02% copper. A key section of 11.43 meters graded 2.40 g/t gold, 0.91 g/t silver, and 0.01% copper.

The discovery under the Golconda Thrust, a known host of rich deposits, is a milestone. Axcap confirms the presence of the Antler Peak Formation, enhancing potential prospects at the site. The findings suggest significant grade improvement within the existing resource base.

Blake McLaughlin, VP Exploration, noted this as pivotal in understanding Converse's geological parallels with major Nevada deposits like Marigold. Axcap aims to further explore these promising zones for gold, silver, and copper riches.