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Wednesday, July 16, 2008
Silvermex Commences Drill Program At El Rayo Project, Sonora, Mexico
TSX-V:SMR
Silvermex Resources Ltd. announces that it has commenced an initial reverse circulation drill program on its El Rayo project located near Magdalena de Kino in northern Sonora, Mexico. The program will consist of 600 meters of drilling in 6 holes along the strike length of an outcropping breccia mineralized fault which has been mapped to a minimum length of 400 meters before it dips under cover.

Silver and polymetallic mineralization has been sampled on the property over exposed surface widths of up to 40 meters and over underground widths of 12 meters on the ceiling of an existing 30 meter long tunnel that runs along the structure. Underground samples from the tunnel have returned assays as high as 700 g/t silver over 12 meters. A recently completed surface trenching program over the outcropping mineralization included values of 76 g/t silver over 24 meters, 40 g/t silver over 40 meters and 23.3 g/t silver over 4 meters.

On Behalf of the Board of Directors of
Silvermex Resources Ltd.

Per: "Bruce Bragagnolo"

Bruce Bragagnolo
CEO & Director
 
aus der Diskussion: Silvermex: Silverstar in Mexico
Autor (Datum des Eintrages): hoschmi  (17.07.08 10:06:26)
Beitrag: 22 von 101 (ID:34526715)
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