very quiet board cause the herd hasnt found out about AUM yet
RE: News..Monster Intercept-95oz/ton over 12 m!!
TheRock071 12/18/2009 10:58:48 AM | | 20 reads | Post #27746037
12 m of 2916 g/ton of silver or nearly 100 oz per ton at El Quevar is the best intercept that I have ever seen.
All of the news here is very good....
.........A total of approximately 38,100 metres in 191 holes have been drilled to date. Of the 171 holes for which assays have been received, 121 holes intersected greater-than-100-gram-per-tonne silver mineralization. ....simply supeb!
.......a large number of the intercepts are over 1000 gms/ton
.........a large number of the high grade intercepts are located in the central zone of the Yaxtche Zone which has yet to be included in the 43-101. These new drill results continue to define substantial strike extensions of the high-grade Yaxtche mineralized zone ..it has now been defined to a strike lenght of 950 m and to depths 150-250 m and remains open
............Drill holes QVD-079 and QVD-080, reported previously, have confirmed that the Yaxtche zone also extends at least 600 metres east of the central zone. The total strike length of the Yaxtche zone is now more than 2.2 kilometres, remaining open laterally and at depth. WOW
...........The company has also identified, but not yet tested, additional target areas on the El Quevar project area.
...............An initial nine-hole drilling program totalling approximately 630 metres was conducted on the Viejo Campo target, located about six kilometres to the north of the Yaxtche zone. Silver intersections from the drilling program included 7.8 metres with 200 grams per tonne and 1.9 metres with 395 grams per tonne. An additional program of drilling designed to test the structures at greater depth is planned for early 2010.
..........The company has completed a 10-hole drill test of its Panuco silver-gold target, located north of the city of Zacatecas, Mexico, with encouraging initial results.
The Panuco area is one of several targets identified within the company's 14,900-hectare propertyholdings in the area. The sample results indicated silver values in the range of 30 grams to 500 grams per tonne with gold values in the trace to 2.5-gram-per-tonne range.
The initial 10 holes, totalling about 2,300 metres, were drilled on horizontal spacing of 100 metres or more in order to obtain a generalized test of the veins over a broad area. Six out of the 10 holes drilled had silver and gold mineralization, with silver values in the mineralized intercepts ranging from 0.84 metre at 63 grams per tonne to 1.7 metres at 1,588 grams per tonne. Gold values in the mineralized holes ranged from 0.16 to 1.27 grams per tonne.
More assay resulkts are pending.
However, these data show that the new 43-101 to be released in Q1 of 2010 is going to show a substantial increase in the silver resources at El Quevar , and the grades are also going to increase to levels that will make this deposit the richest in the world..