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Black Mountain Identifies High Grade Silver at Conjecture Project in Idaho

Vivien Diniz
Aug. 24, 2012 12:16PM PST
Silver Investing

Black Mountain Resources (ASX:BMZ) announced positive results from its drill program at the Conjecture Project in Idaho.

Black Mountain Resources (ASX:BMZ) announced positive results from its drill program at the Conjecture Project in Idaho.

Highlights from the press release include:

  • Maiden drilling intercepts high grade silver zones
  • Initial assay results of between 900 – 1,106 grams per ton confirming historic reserve report
  • Resource definition part of strategy to re-commence production by the end of 2012
  • Geophysical work program planned to identify further silver mineralisation
John Ryan, Black Mountain’s CEO, stated:

These high grade result confirm the quality and exciting nature of the Conjecture project which is located in one of the world’s premier silver district. The progress being made by the team means we remain on target to convert the historic data up to JORC status and bring this previously producing mine back into production this year.

Click here to view the full press release.

 

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