Wednesday, October 08, 2014 1:38:42 PM
The main mineralized zone now reportedly extends over 1,200 m in length by up to 450 m vertically and to some extent down dip. Daniel Earle reports that drilling highlights from the Villalpando and Asuncion veins (since April) include 200 g/t Ag and 5.49 g/t Au (530 g/t AgEq)
There are currently four drill rights out of twelve working in Mexico and drilling along the V-Asuncion area at its El Cubo mine in Guanajuato State, Mexico continues to intersect high grade, silver-gold mineralization.
Some further research from Daniel Earle, in regards to the El Cobo mines:
Proven and Probable resources of 1.4 Mt grading 135 g/t Ag and 2.16 g/t Au (5.9 Moz Ag and 96 koz Au or 11.7 Moz AgEq)
Indicated resources of 2.2 Mt grading 102 g/t Ag and 1.77 g/t Au (10.6 Moz Ag and 165 koz Au or 20.5 Moz AgEq)
Inferred resources of 2.5 Mt grading 143 g/t Ag and 2.77 g/t Au (7.7 Moz Ag and 130 koz Au or 15.5 Moz AgEq)
Until next time, folks.
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