Located in the state of Durango with good road access to site
No previous known modern exploration or previous drilling conducted on property
The project was acquired for its potential to contain bulk tonnage silver as well as high grade silver vein systems - current focus is the Reventon Breccia
A total of 51 surface channel samples originally taken by Northair from the exposed Reventon Breccia averaged 104 g/t silver. Highlights include 52.0 metres of 166.5 g/t Ag, 0.73% Pb, 0.85% Zn
In 2007, a phase-one diamond drill program, at the Reventon Breccia, yielded results of 33.5 metres of 179 g/t silver, 22.8 metres of 94.7 g/t silver and 56.4 metres of 84.5 g/t silver, with associated lead and zinc values
In 2008, a phase-two reverse circulation drill program, at the Reventon Breccia yielded results of 91.4 metres of 87 g/t silver containing an intercept of 19.8 metres of 176.4 g/t sliver; and 80.8 metres of 71.9 g/t silver containing an intercept of 7.6 metres of 234.5 g/t silver.
Drilling indicated that the Reventon Breccia is a tabular body, 40 to 120 metres in true thickness with alteration and mineralization appearing to increase to the north and northeast
Other zones of mineralization warrant further exploration on the property
Additional drilling is warranted to expand the Reventon Breccia and explore other zones
Last:
$0.07
High:
$0.07
Low:
$0.07
Chg:
+0.01
Vol:
27200
