Agave Silver Reports Findings of Study on Nuevo Milenio Property

Agave Silver Corp. (TSXV:AGV) announced the main findings of a March 2014 report completed on its Nuevo Milenio gold-silver property by Al Workman, vice president of Watts, Griffis and McOuat Ltd., a consulting firm.

The report’s key conclusions are as follows:

1. The zones of mineralization identified, and extensively drilled on the Property are within the uppermost part of a low sulphidation epithermal system that has several component structural branches;
2. All Mineral Resources previously reported (20 April, 2013) for the Property are located within the uppermost part of the epithermal system;
3. The known strike length and persistence of these structures suggest they are highly unlikely to die out at depth;
4. Based on the epithermal system model, the potential for coalescing structures to develop into more strongly mineralized zones is clear;
5. Many of the major epithermal deposits in Mexico have substantial vertical ranges, and the majority of the mineralization occurs just above and below the level of convergence (eg: Fresnillo); and,
6. None of the past drill holes were targeted to test any deeper, possibly higher grade areas where the various zones (structures) may converge (area of potential bonanza silver grades).

Click here to read the full Agave Silver Corp. (TSXV:AGV) press release.