South American Silver Drills 0.99% Copper Over 27 Metres

South American Silver Corp. (TSX:SAC, OTCQX:SOHAF) announce drilling updates from the Escalones copper-gold porphyry project in Chile.

As quoted in the press release:

 The better secondary enrichment averaged as follows: 0.99% copper with 0.15 g/t gold and 2 g/t silver over 27 metres including 2.23% copper with 0.14 g/t gold and 1.4 g/t silver over 6 metres.

South American’s Executive Chairman, Ralph Fitch, said:

The significance of this intercept is that it represents the development of excellent grade mixed primary and secondary copper enrichment mineralization which previously we thought had mostly been eroded by the glacier that covered this area. If we can continue to expand this style of mineralization in other parts of the Meseta it will greatly enhance our previously reported 0.41% copper resource of 3.8 billion pounds.

To view the whole press release, click here.