MAG Silver Announces Mineral Resource Estimate for Cinco de Mayo

Base Metals Investing

MAG Silver (TSX:MAG) reported its first independent mineral resource estimate on the Cinco de Mayo property, completed by Roscoe Postle Associates. The estimate returned an inferred mineral estimate of 12.45 million tonnes at 132 grams per tonne silver, 0.24 g/t gold, 2.86% lead and 6.47% zinc.

MAG Silver (TSX:MAG) reported its first independent mineral resource estimate on the Cinco de Mayo property, completed by Roscoe Postle Associates. The estimate returned an inferred mineral estimate of 12.45 million tonnes at 132 grams per tonne silver, 0.24 g/t gold, 2.86% lead and 6.47% zinc.

As quoted in the press release:

Table 1 – Mineral Resource Estimates for the Cinco de Mayo Project as of September 1, 2012
Resource
Category
(NSR $100
Cut off)
Tonnage
Mt
Gold
g/t
Silver
g/t
Lead
%
Zinc
%
Lead +
Zinc
%
Silver
Ounces
M
Lead
M lbs
Zinc
M lbs
Inferred12.450.241322.866.479.3352.77851,777

Click here to view the full press release. 

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