Going to be a BIG DAY!
News is out:
Swingplane Prepares For Metallurgical Testing
SANTIAGO, Chile, March 7, 2013 /PRNewswire/ -- Swingplane Ventures, Inc. (OTC-BB: SWVI) (the "Company" or "Swingplane") advises that it intends to commence additional metallurgical testing on samples from its Algarobbo Property in Chile this month....
Prior testing has determined that the IOCG veins carry between 4% and 46.58% copper. Ore from 9% up can be shipped directly to the government owned ENAMI facility as Direct Shipping Ore. Ore between 1.5% and 10% can be shipped as Cu leachable ore.
...analyses to date (from Acme Labs in Copiapo, Chile and high grade copper analyses from Vancouver, Canada) document the following:
- Gold values to 12 g / tone;
- silver values to 115 g/t;
- cobalt > 4,000 ppm (quantitative over-limit analysis pending);
- molybdenum >2,000 ppm;
- iron (predominantly as hematite)to 40%; and
- La and Ce > 2,000 ppm (suggesting potential for at least Light Rare Earth Elements).
Furthermore, testing indicated elevated :
- vanadium 200 to 500 ppm,
- nickel (to 1,000 ppm)
- as well as Al (1 to 5%), however it is unknown if these metals are potentially economic....
The Company will be looking for identification of potentially recoverable metals and/or minerals...
$$SWVI
