SilverCrest Mines Inc. (TSXV:SVL, NYSE:SVLC, AMEX:SVLC) announce an updated resource estimation for their La Joya Property in Mexico.
As quoted in the market report:
The Company believes that the 60 gpt Ag Eq portion of the deposit with an estimated tonnage of 27.9 million tonnes grading 112 grams per tonne Ag Eq* constitutes a priority area to be examined as a potential “Starter Pit” for initial conceptual operations that will be examined in the Preliminary Economic Assessment (PEA) to be commenced shortly. The La Joya Property has excellent potential for additional resources with the deposits being open in most directions. Further infill and expansion drilling is recommended to increase and convert resources from Inferred to Indicated.