Masivo Confirms High-Grade Gold-Copper Mineralization Beneath Historic Boston Mine with 45 ft. of 3.25% Cu Equivalent Including 5ft. of 6.39% Cu equivalent
Masivo reported grades and widths from one drill hole while three other mineralized holes remain undisclosed in graphics behind a CuEq that hides missing recovery assumptions.
Masivo Silver Corp. (MASS) has released drill results from the Boston Mine Project in Nevada, where seven holes were completed. Only one hole, BM21‑01, has a disclosed interval: 45 ft of 1.73 g/t Au, 34.7 g/t Ag, 1.14% Cu (3.25% CuEq), including 5 ft of 2.86 g/t Au, 84.7 g/t Ag, 2.67% Cu (6.39% CuEq).
Four other holes (BM22‑02, BM24‑03, BM24‑04, BMIP‑24‑03) are described as “returned mineralized horizons” but grades are not provided; the reader is directed to unreleased graphics. Two IP‑target holes (BMIP‑01, BMIP‑02) intersected favourable alteration but no visible mineralization and were not sampled.
The release also grants 4 million stock options at $0.10.
Masivo Silver Corp. (MASS) is a penny-stock explorer with no revenue, a going-concern warning, and a heavy reliance on equity dilution. The Boston Mine project remains early-stage, and a single numeric hole with no true width does not materially change the resource thesis.
The prior hole, reported on 2025-09-09, already demonstrated similar grades of 55 ft @ 0.99% Cu, 1.52 g/t Au. BM21-01 is incrementally better but does not transform the deposit.
The market had been awaiting assays from the remaining holes for over nine months; providing numbers for only one hole while hiding three others is a material disappointment. The stock has been sliding from $0.12 to $0.09 in recent weeks, reflecting scepticism.
The release has no ability to move the stock materially higher; it reinforces existing concerns about poor disclosure and grade continuity.
Masivo Silver Corp. is a junior explorer focused on the historic Boston Mine, which hosts gold, copper, and silver deposits in Nevada, and the Cerro Colorado property, which contains silver and copper in Sonora, Mexico. The company also holds claims in Sinaloa, Mexico, though its operational focus has shifted to the Boston and Cerro Colorado assets.
Masivo Silver owns a mobile 300-tpd processing plant equipped with a ball mill, flotation circuit, and Falcon concentrator. The company estimates the equipment’s value at $10 million USD, though there is no independent valuation and no operating mine to utilize the facility. The company’s capital structure consists of 77.1 million shares outstanding following recent private placements, alongside significant warrants and options that would cause heavy dilution if exercised.