The Conversation (0)
Solid Resources Ltd. (CVE:SRW) reports that it has finalized the 2011 drill program at the Doade-Presqueiras rare metals project in North-western Spain.
The press release is quoted as saying:
All holes S0-11-24 through S0-11-29 correspond to the two most southern areas of the 14 km long deposit (respectively called Rubillon and Taboazas). This latest set of drill holes have again intersected mineralized pegmatite dykes with consistent thicknesses of up to 11.5 m. Holes 26, 27, 28 and 29, which are in the most southern area of the property – Taboazas, have returned average tantalum grades of up to 280 ppm, which is the highest current average resource grade reported in the 2011 campaign.
Solid Resources’ President and CEO, Greg Pendura says:
“The results of the 2011 drill program have proven to be very encouraging for Solid Resources.” “The 2011 campaign reported intersects of mineralized pegmatite dykes which were 50-100% greater than the 2003/2005 drill programs, while demonstrating consistent mineralization throughout. Based on the success of our drill program, the Company has immediate plans to complete a NI 43-101 compliant resource estimate. The Company will be announcing a complete summary of the 2011 drill program, including our present plans to advance the project very shortly.”
Click here to access the entire news release.