01:16 PM EDT, 06/27/2024 (MT Newswires) -- Minsud Resources ( MDSQF ) on Thursday releases assay results from five additional drill holes completed as part of the ongoing Phase IV infill and scout drilling program at the Chita Valley Project in the San Juan Province, Argentina.

Among the highlights, CHDH24-102 returned 527.7 meters @ 0.26% copper, 9.70 g/t silver, and 0.16% zinc, from 216 meters depth. This includes 8 meters @ 3.85% copper, 188.60 g/t silver, and 1.28% zinc, from 386 meters depth.

Significant drill intercepts from CHDH24-103 include 384 meters @ 0.33% copper, 5.85 g/t silver, 85 parts per million molybdenum, from 466 meters depth. This includes 15 meters @ 2.47% copper, 0.22 g/t gold, 30.13 g/t silver, and 0.159% zinc, from 548 meters depth.

Further, the company said it has resumed drilling on the infill drilling program covering an area of about 2.5 square kilometers to generate a mineral resource estimate on the property.

The company's shares were last seen down $0.01 to $0.69 on the TSX Venture Exchange.

Price: 0.69, Change: -0.01, Percent Change: -1.43