Reyna Silver Uncovers Anomalous CRD and Gold Mineralization at Gryphon Summit

Reyna Silver Corp. (TSXV:RSLV)(OTCQX:RSNVF)(FRA:4ZC) and Reyna Gold Corp. (TSXV:REYG)(OTCQB:REYGF) have made an exciting discovery at their Gryphon Summit project in Elko County, Nevada. The joint venture holders have reported anomalous Carlin-type Gold (CRD) and gold mineralization on the 10,300-hectare property, which has the potential to significantly enhance the project's resource potential and economic viability.

The discovery comes after the companies undertook an independent NI43-101 compliant technical report, incorporating over 30 years of technical data from generally shallow-focused gold exploration on the property. Reyna Silver is leading the process, with their exploration team already working with the enormous database assembled by the vendors. A joint technical team will soon be deployed for re-logging and strategic re-assay of all historical sampling and drilling, including Agnico Eagle's recent (2021-2022) 12-hole, 3,090-meter drilling program that cut gold over significant widths in 9 out of the 12 holes drilled.

Gryphon Summit lies within the Carlin and Battle Mountain-Eureka gold trends, and gold has logically been the focus of recent exploration on the property. However, historic mining (1890s-1920s) exploited silver-lead-zinc mineralization geologically similar to that mined historically in the nearby Eureka and Railroad Districts, where superimposed Carlin-type gold and silver-rich CRD mineralization was recently recognized. The Reynas believe that high potential for significant Carlin Gold and silver-lead-zinc CRD mineralization exists at Gryphon Summit, and recent shallow gold-focused exploration left promising deeper targets untested.

Combined geological and geochemical data support both target types. Over 3,070 selected rock samples collected between 1999 and 2021 along structural zones multiple kilometers long reported up to 24.2 g/t Au with 6 samples over 10 g/t Au, 41 samples over 2 g/t Au, and 186 samples over 0.5 g/t Au. The same sampling database also includes Silver values to 2000 g/t Silver with 10 samples over 1,000 g/t Ag and 50 samples over 250 g/t Ag. These include samples grading up to 35% Zinc with 33 samples over 5% Zn and 58 samples over 2% Zn. Samples also grade up to 44% Lead with 33 samples over 5% Pb and 85 samples over 2% Pb. Copper - which can be an indicator of higher temperature mineralization and proximity to an intrusive center- grades up to 11.6% with 4 samples over 5% Cu and 23 samples over 2%.

The recognition of overprinted gold and silver systems in the region has opened opportunities for finding deposits with significantly augmented metals budgets and very robust economics. Gryphon is a large property sitting in the middle of a cluster of these newly recognized systems with abundant evidence that it belongs to this family. The combined geological and geochemical data support both target types, with over 3,070 selected rock samples collected between 1999 and 2021 reporting up to 24.2 g/t Au, 2,000 g/t Silver, 35% Zinc, and 44% Lead, indicating the potential for polymetallic mineralization. The recent drilling program by Agnico Eagle, which cut gold over significant widths in 9 out of 12 holes drilled, further validates the project's potential.



The discovery of anomalous CRD and gold mineralization at Gryphon Summit has the potential to significantly impact the long-term valuation of Reyna Silver's stock. The presence of CRD and gold mineralization indicates that the property has the potential to host significant mineral resources. As exploration progresses and resources are defined, this could lead to an increase in the company's market capitalization. The recognition of overprinted gold and silver systems in the region opens opportunities for finding deposits with significantly augmented metals budgets and very robust economics. If Gryphon Summit is found to host such deposits, it could enhance the company's financial outlook and attract more investors. The success of Reyna Silver's exploration efforts at Gryphon Summit could lead to increased investor confidence in the company's ability to make further discoveries, resulting in a higher stock valuation. Additionally, the potential for mergers and acquisitions (M&A) activity could lead to a significant increase in the company's stock valuation if larger mining companies become interested in acquiring Reyna Silver's assets.



In conclusion, the discovery of anomalous CRD and gold mineralization at Gryphon Summit has the potential to significantly impact the long-term valuation of Reyna Silver's stock. The presence of CRD and gold mineralization indicates that the property has the potential to host significant mineral resources, which could lead to an increase in the company's market capitalization. The recognition of overprinted gold and silver systems in the region opens opportunities for finding deposits with significantly augmented metals budgets and very robust economics. If Gryphon Summit is found to host such deposits, it could enhance the company's financial outlook and attract more investors. The success of Reyna Silver's exploration efforts at Gryphon Summit could lead to increased investor confidence in the company's ability to make further discoveries, resulting in a higher stock valuation. Additionally, the potential for mergers and acquisitions (M&A) activity could lead to a significant increase in the company's stock valuation if larger mining companies become interested in acquiring Reyna Silver's assets.