Thursday, September 27, 2012 2:35:38 AM
Golden Tag’s David Rigg Talks Up His Mexico Silver-Plus Property
Kevin Michael Grace
Golden Tag Resources Ltd V.GOG) announced September 24 results from three drillholes at the San Diego Property in the Velardeña Mining District, Durango State, Mexico. San Diego comprises 92 hectares located 160 kilometres northeast of Durango and is a 50/50 joint venture between Golden Tag and Golden Minerals Co T.AUM.
Highlights include
0.04 grams per tonne gold, 58 g/t silver, 0.63% lead, 0.38% zinc, 0.04% copper (92 g/t silver equivalent) over 9.55 metres
0.04 g/t gold, 53 g/t silver, 0.48% lead, 1.34% zinc, 0.17% copper (119 g/t silver equivalent) over 232.72 metres
0.1 g/t gold, 289 g/t silver, 1.36% lead, 0.54% zinc, 0.09% copper (355 g/t silver equivalent) over 14.85 metres
0.05 g/t gold, 25 g/t silver, 0.64% lead, 0.6% zinc, 0.06% copper (66 g/t silver equivalent) over 20.8 metres
0.03 g/t gold, 43 g/t silver, 0.65% lead, 0.8% zinc, 0.06% copper (89 g/t silver equivalent) over 66.6 metres
0.28 g/t gold, 67 g/t silver, 1.6% lead, 0.96% zinc, 0.02% copper (151 g/t silver equivalent) over 18.4 metres
0.07 g/t gold, 63 g/t silver, 0.77% lead, 1.59% zinc, 0.2% copper (148 g/t silver equivalent) over 240.85 metres
0.15 g/t gold, 118 g/t silver, 1.12% lead, 9.18% zinc, 0.41% copper (434 g/t silver equivalent) over 16.8 metres
Golden Tag is the operator and may increase its share to 60% by spending $3 million on exploration. It has currently spent $1.8 million.
According to a January 2009 43-101 resource estimate, San Diego contains indicated resources of 4,000 ounces gold, 2.9 million ounces silver, 14.7 million pounds lead, 10.8 million pounds zinc (4.2 million ounces silver equivalent) and inferred resources of 93,000 ounces gold, 76.5 million ounces silver, 876.5 million pounds lead and 1.05 billion pounds zinc (214.3 million ounces silver equivalent).
Golden Tag CEO David Rigg spoke to Kevin Michael Grace September 24, read his interview on their recent results here. http://resourceswire.com/2012/09/diorite-delight/
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM