Cyprium Mining Announces Additional Assay Results and Update from Potosi Silver Mine

Cyprium Mining (TSXV:CUG) has announced results from the 71 additional underground samples taken from the Tunel body as part of its ongoing exploration program of the Potosi silver mine in Mexico.
As quoted in the press release:

Of the 71 samples taken, 34 were channel samples taken at the edges of old stopes on levels 1 and 2, and 37 samples were of previously broken mineralized rock from levels 1, 2 and 3 that was left behind at the end of the last mining in this area.  All samples were taken in areas where Cyprium expects initial production to take place (1).
The 34 channel samples were taken on exposures of relatively flat lying manto and steep chimney mineralization on levels 1 and 2. Not including eight samples of oxidized mineralization from a chimney on level 2, 26 samples averaged 238g/t Ag, 5.28% lead, and 8.04% zinc over an average sample width of 1.2 m. The table below shows averages for sampling on different levels of the Tunel body, including some previously reported sampling from levels 3 and 4 (see press release of June 9, 2016 and June 13, 2016).  All of these exposures are at the margins of historic workings near the Potosi No. 3 shaft. The shaft has been reconditioned with a haulage system capable of removing approximately 100 tons per day (1) and compressed air and water have been brought in, with an air compressor installed on Level 2.
Previously broken rock, termed ‘muck’ or in Spanish, ‘rezaga’ was left behind in old stopes and mineralized material passes in several places within the Tunel body. This material has been moved down to the haulage level (level 2) to be removed from the mine via the recently rehabilitated and now operational shaft No. 3. The assays from this material average 173 g/t silver, 4.8% lead and 3.9% zinc for an average sample weight of 6.1 kg and a total of 224 kg. It is estimated that enough tonnage of this material is ready to be removed from the mine to conduct the initial extraction tests, ahead of the Company’s expected explosive permit grant.

Click here to read the full press release.