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3,700 Meter Core Drilling Program Commences on the San Marcial Silver Property TSX-V:SMR May 29, 2008, (TSXV:SMR) Silvermex Resources Ltd. ("Silvermex") announces that two diamond drills have arrived at the Company's San Marcial Property in Sinaloa to commence a fourteen hole, 3,700 meter core drilling exploration program. Silvermex has an option to acquire a 100% interest in the Property. The decision to proceed was supported by the results from the recently completed surface exploration program consisting of geological mapping, surface sampling and re-logging of the core from previous drill programs. The objective of the program is to complete the necessary infill drilling to upgrade the category of the current mineral resource and expand the continuity of the mineralized structure at least 200 meters along strike and 400 meters down dip. The San Marcial Project currently hosts an inferred mineral resource of 14.26 million ounces of silver (2,310,000 tonnes grading 191.79 g/t Ag, 0.32% Lead and 0.66% Zinc). Based on work completed to date the Company believes the resource may be amenable to bulk mining methods. |
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| aus der Diskussion: | Silvermex: Silverstar in Mexico |
| Autor (Datum des Eintrages): | hoschmi (29.05.08 16:45:16) |
| Beitrag: | 20 von 101 (ID:34197645) |
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