$$$ Sabina Silver drills 56.65 m of 12.22% Zn, 303.9 g/t Ag $$$ - 500 Beiträge pro Seite

[Spekulatius_28]

Was sagt Ihr zu diesen News?

Kürzel Frankfurt: RXC und in CAN: SBB

ich sage nur einsteigen wer noch nicht ist, bereits über 200.000 umsatz drüben!

Sabina Silver Corp (C-SBB) - News Release
Sabina Silver drills 56.65 m of 12.22% Zn, 303.9 g/t Ag

2006-06-21 10:14 ET - News Release
Shares issued 46,961,244
SBB Close 2006-06-20 C$ 0.99


Mr. Abraham Drost reports

SABINA'S HACKETT RIVER PROJECT - INITIAL RESULTS FROM 2006 RESOURCE DRILLING AT BOOT LAKE INCLUDES 56.65m OF 12.22% ZINC AND 303.9 g/T SILVER

Sabina Silver Corp. is releasing initial assay results from 2006 drilling at Hackett River. Over 5,000 metres have been drilled to date in 23 holes since early May with two drills. A third drill is being added shortly. Highlights include a weighted average composite intersection from infill hole SHR-06-08 over a continuous core interval of 56.65 metres grading 12.22 per cent zinc and 303.9 grams per tonne silver. This interval contains two subintervals grading 17.45 metres of 22.49 per cent zinc and 581.6 grams per tonne silver with 1.85 metres of 34.65 per cent zinc and 1.14 kilograms per tonne silver.

Initial drill results confirm the robust nature of the Hackett River mineralization. Sabina is on track to meet its 2006 goal of an updated 43-101 compliant mineral resource estimate and independent scoping level discounted cash flow economic analysis of the Hackett River project as an open pit extraction operation. Approximately half the total 17,000 metres to be drilled this year will be devoted to infill work upgrading the inferred mineral resource at Hackett River to the higher confidence level indicated mineral resource. The balance will be step-out work, as all deposits remain open for expansion. Optimized metallurgy and baseline environmental work is also under way.

Sabina has an undivided 100-per-cent interest in its polymetallic Hackett River project, which contains NI 43-101 indicated mineral resources based on 2005's drilling. The magnitude of the contained silver resource alone at Hackett River ranks Sabina Silver Corp. among the top 12 silver-focused companies operating in the western hemisphere. A substantial zinc endowment will also factor prominently in the 2006 scoping level discounted cash flow analysis.


2005 NI 43-101 CUMULATIVE INDICATED MINERAL RESOURCE -- HACKETT RIVER DEPOSITS

Cut-off Ag Ag (*) Zn (*)
equivalent equivalent equivalent Ag
(oz/ton) Tons (oz/ton) (%) (oz/ton) Zn (%) Cu (%) Pb (%) Au (g/t)

Less then 20 11,046,617 26.57 12.17 5.67 7.69 0.41 1.19 0.52
Less then 15 20,251,800 22.41 10.26 4.75 6.35 0.40 1.00 0.49
Less then 10 31,300,755 18.88 8.64 3.92 5.30 0.37 0.84 0.45
Less then 5 39,347,008 16.65 7.62 3.40 4.63 0.36 0.73 0.41


(*) Ag equivalent is silver equivalent, Zn equivalent is zinc equivalent; derived after normalizing 43-101 indicated contained silver, zinc, lead, copper and gold to silver and zinc respectively using historical metallurgical recoveries and conservative metal prices (**).

(**) Present metal recoveries (Cominco, 1981) zinc 81.8 per cent, silver 66.7 per cent, copper 69.6 per cent, lead 70 per cent and gold 50 per cent. Metal price (in U.S. dollars) (Wardrop, 2005) zinc 53 U.S. cents, $1.23 per pound copper, 38 U.S. cents per pound lead, $434 per pound gold, and $6.56 per ounce and silver $6.56 per troy ounce.

Initial 2006 drill core assay highlights from Hackett River are presented as follows. The company is waiting on assays for 20 additional holes pending at this time as drilling continues.


INITIAL 2006 ASSAYS -- BOOT LAKE ZONE

Hole ID Zone From (m) To (m) Int (m) Int (ft) Cu (%) Pb (%)

SHR-06-01 Boot 375.30 387.15 11.85 38.8 0.16 1.23
SHR-06-03 Boot
SHR-06-04 Boot 356.25 362.40 6.15 20.1 0.11 0.11
SHR-05-34
(extension) Boot 307.90 311.70 3.80 12.4 0.05 0.78
SHR-06-08 Boot 224.6 281.25 56.65 185.8 0.22 2.04
incl Boot 250.40 267.85 17.45 57.2 0.15 3.87
incl Boot 266.00 267.85 1.85 6.1 0.01 10.36


Hole ID Zn (%) Ag (g/t) Ag (oz/t) Au (g/t) True width Comments

SHR-06-01 7.46 192.4 5.60 0.03 .91 Stepout
SHR-06-03 Abandoned
SHR-06-04 0.62 64.5 1.88 0.02 .91 Stepout
SHR-05-34
(extension) 6.94 110.8 3.23 0.08 .92 Stepout
SHR-06-08 12.22 303.9 8.86 0.23 .92 Infill
incl 22.49 581.6 16.96 0.44 .92 Infill
incl 34.65 1,141 33.27 1.47 .92 Infill


Sabina spent a total of $12-million in 2004 and 2005 to gain a 100-per-cent interest in the Hackett River project subject to a 2-per-cent NSR (net smelter return) royalty held by Cominco Mining Partnership (CMP), an affiliate of Teck Cominco Ltd. CMP relinquished all back-in rights to the Hackett River project in November, 2005.

The Hackett River drill program is being carried out under the supervision of Harvey Klatt, PGeo, project manager, a qualified person under NI 43-101. Mr. Klatt supervised drill hole planning, implementation and quality control programs and has approved the technical content of this news release. Core was one-half split, with half sent to accredited Global Discovery Labs, Vancouver, for sample preparation and analysis.

The foregoing securities have not been, nor will be, registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements.

We seek Safe Harbor.

[SingleServingJacks]

!

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[Spekulatius_28]

Antwort auf Beitrag Nr.: 22.211.922 von SingleServingJacks am 21.06.06 19:54:48

das denke ich auch, aber die werden ja auch so steigen
de beira übrigens heute dafür und für YGC Resource (auch news gebracht heute) verkauft!

ich denke Sabina hat einiges an potential oder was meinst du?

[SingleServingJacks]

Um ehrlich zu sein, kann man das nie so genau wissen, aber

die haben wenigstens schon Ergebnisse und sind noch nicht gelaufen

und eins is sicher, De beira und co wird nix mehr, frick hat

seinen schnitt gemacht

grüße