El Tigre Silver Corp.(TSXV:ELS) announced receiving new assay results which reported high silver and gold values from its ongoing sampling program at its El Tigre project. El Tigre’s sampling program is ongoing at the project.
As quoted in the press release:
Assay results show that the Gold Hill and Level 4 dumps are highly mineralized, but at the time they were mined and dumped, the material did not meet the 15 ounce per ton silver cut off grades (514 g/tonne) required by the early miners. This “waste” material was not economic in the past but is probably economic today and could provide additional mill feed for El Tigre’s proposed processing facility.
El Tigre, President and CEO, Stuart Ross, stated:
We are encouraged that the El Tigre project continues to produce excellent results from our ongoing evaluation program to identify silver and gold resources.