Assays from Oxide Drilling Program at Pulacayo Announced

Assay results from 21 diamond drill holes of the silver oxide program at Pulacayo, including Hole 11PUD221 which intersected 30 meters grading 129.0 g/t silver, and 26 meters grading 68.7 g/t silver, were announced by Apogee Silver Ltd. (TSXV:APE).

As quoted in the press release:

A few highlights from the first set of drilling results from the program include:

• 11PUD220 intersected 20.8 meters grading 79.3 g/t silver, from 35.2 to 56 meters and 9.0 meters grading 119.7 g/t Ag, from 80 to 89.0 meters.
• 11PUD221 intersected 30.0 meters grading 129.0 g/t silver from 37.0 to 67.0 meters.
• 11PUD233 intersected 9.0 meters grading 130 g/t silver from 20.0 to 29.0 meters, and 6.0 meters grading 186.7 g/t silver from 104.0 to 110.0 meters.
• 11PUD239 intersected 19.0 meters grading 67.2 g/t silver from 71.0 to 90.0 meters.
• 11PUD240 intersected 23.0 meters grading 50.20 g/t silver from 31.0 to 54.0 meters, including 6.0 meters grading 109.3 g/t silver from 48.0 to 54.0 meters.

The silver oxide drilling program was initiated following successful metallurgical testing on composite samples from existing drill core at Pulacayo. The metallurgical tests were designed to determine silver mineralogy in the oxide zone and its amenability to recovery by conventional cyanide leaching. Seventy-two hour leach tests with various reagent additions indicated that silver dissolutions of 77% to 81% can be achieved. (See Press Release dated August 3rd, 2011).

Click here to read the Apogee Silver Ltd. (TSXV:APE) press release