Gold

El Tigre Silver Corp. (TSXV:ELS, OTCQX:EGRTF) reported that drilling has begun at the El Tigre silver-gold property in northern Sonora, Mexico.

El Tigre Silver Corp. (TSXV:ELS, OTCQX:EGRTF) reported that drilling has begun at the El Tigre silver-gold property in northern Sonora, Mexico.

As quoted in the press release:

The 2013 exploration program anticipates the drilling of 5000 meters of core in 30 to 40 holes. The first phase of this program will be 2,700 meters and will focus on the 1.2 kilometer halo zone which is found on the southern portion of the claims, from the south side of Mula Mountain and continuing over Gold Hill. The second phase of the 2013 program consisting of 2,300 meters will fill-in around Phase 1 holes as needed for the resource block model and test other targets northward to the Camp area. The first hole (ET-45) is located near the bottom of Tigre Viejo Canyon between Johnny Crosscut and Holes ET-31 and ET-32 and is underway. When completed the core will be logged, split and sent for assay.

El Tigre’s President and CEO, Stuart Ross, said:

This will be a very busy year for the company. Besides our work on the 2013 exploration program and technical report, we will also be focusing on construction of a new tailings processing facility, from which we anticipate silver and gold production.

To view the whole press release, click here.

MARKETS

Markets
TSX19222.74-35.58
TSXV644.91-7.45
DOW30946.99-491.27
S&P 5003821.55-78.56
NASD11181.54-343.01
ASX6763.60+57.60

COMMODITIES

Commodities
Gold1819.28+0.70
Silver20.84+0.02
Copper3.76-0.02
Palladium1887.00+18.00
Platinum916.75+6.75
Oil112.14+0.38
Heating Oil4.110.00
Natural Gas6.66+0.09

DOWNLOAD FREE REPORTS

×