Cyprium Mining Reports Channel Sampling Results for Potosi

Cyprium Mining Corp. (TSXV:CUG) announced results from initial underground exploration at its Mexico-based Potosi silver mine. The program was comprised of 34 channel samples, and was aimed at auditing past exploration results.
Alain Lambert, chairman and CEO of Cyprium, said the results came in “consistent with expectations.”
As quoted in the press release:

The sample audit consisted of ten samples from level 9 and fifteen samples from level 10. The ten samples from level 9 gave a weighted average of 246 g/t Ag, 4.3% Pb and 4.3% Zn over an average sample width of 1.12 meters, while those taken by the independent third party yielded averages of 290 g/t Ag, 5.46% Pb and 3.45% Zn for the corresponding samples. The fifteen samples from level 10 yielded 78 g/t Ag, 3.3% Pb and 4.1% Zn over an average sample width of 1.16 meters, while those taken by the independent third party yielded 187 g/t Ag, 3.44% Pb and 4.31% Zn. The Company does not have laboratory certificates or analytical methods for the third party samples. In general the sample results from Cyprium were similar to the 2014 samples that were taken in the sample place; however, the sampling by the Company was done in a more systematic method with more continuous channel sampling that that done by the third party. It was observed that many of the previous channels were incomplete or were taken outside of the channel marked on the walls or back of the workings. Also, samplers that aided the third party program stated that some samples were taken from broken rock or muck on the floor of the workings and not from in-place mineralization.
The sampling on levels 3 and 4 of the Potosi mine was completed in workings where initial pilot production is planned. Seven samples from level 4 yielded average values of 578 g/t Ag, 4.99% Pb and 2.8% Zn over an average sample width of 1.65 meters, and two samples from level 3 yielded averages of 100 g/t Ag, 2.79% Pb and 8.43% Zn over 1.45 meters. The sampling was widely spaced and more systematic sampling will be needed to determine the expected grades of the pilot mining program. A more detailed description of this work is the subject of the NI 43-101 report currently in preparation.

Click here to read the full Cyprium Mining Corp. (TSXV:CUG) press release.