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    Gold American Mining Corp. Strikes Outstanding Drilling Results at Guadalupe

    Written by Investing News Network
    |
    Dec. 14, 2010 11:52PM PST

    Gold American Mining Corp. (OTC:SILA) reports drilling results at the Guadalupe Property located in Zacatecas State, Mexico.

    Gold American Mining Corp. (OTC:SILA) reports drilling results at the Guadalupe Property located in Zacatecas State, Mexico.

    The press release is quoted as saying:

    The results include the discovery of a new gold/silver zone and the intersection of multiple targets, which returned significant gold and silver values. Drill hole 7 discovered a previously unknown mineralized multiphase breccia with a weighted average of 1.31 g/t gold and 254.1 g/t silver over 18.6 meters including 11.50 meters with a weighted average of 2.09 g/t gold and 382.7 g/t silver. The highest grade intervals returned 3.26 g/t gold and 920.0 g/t silver over widths of 1.3 and 1.2 meters respectively.

    Click here to access the entire press release

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