Genco Resouces LTD - reiner Silberwert ( Seite 40)

Hallo zusammen,
mal ne News, die reinhauen wird - wenn's die Leute begreifen

Genco's La Guitarra estimate is 442 g/t Ag in 236,100 t


2006-10-27 11:48 ET - News Release

Mr. Gregory Liller reports

GENCO REPORTS 4,153,000 EQUIVALENT SILVER OUNCE RESERVE AND 51,108,000 EQUIVALENT SILVER OUNCE RESOURCE AT LA GUITARRA

Genco Resources Ltd. has provided the results of an audit of mineral reserves and resources at its La Guitarra mine. Reserves and resources are reported in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects as of July 31, 2006, and were audited by Glenn Clark and Associates. The table below summarizes the results.


LA GUITARRA JULY 2006 RESERVES

Location Proven Probable
Tonnes Ag g/t Au g/t Tonnes Ag g/t Au g/t
La Guitarra mine
NW area 3,600 384 3.25 3,500 109 3.12
Central area 2,500 413 3.04 1,700 128 2.76
SE area 17,500 542 7.90 40,400 523 4.34
SE area HW 1,600 1,170 3.20 29,000 494 1.14
Subtotal underground 25,200 547 6.46 74,600 483 3.00
Creston open cut - - - 74,400 113 2.20
Total La Guitarra mine 99,600 223 3.28 74,600 483 3.00
Nazareno - - - 61,900 667 0.62
------ ----- ---- ------- --- ----
Grand total 99,600 223 3.28 136,500 567 1.92

Total proven and probable reserves: 236,100 tonnes grading 442 g/t Ag and 2.49 g/t Au