Cyprium Mining Reports Channel Sampling Results from Potosi Silver Mine

Cyprium Mining Corp. (TSXV:CUG) released further results from initial exploration at the historic Mexico-based Potosi silver mine.
The company recently signed a letter of intent to acquire a 53-percent stake in a joint venture that will have the right to explore and exploit the mine.
As quoted in the press release:

The underground exploration program consisted of thirteen channel samples taken on level 6 and 11 of the mine. Three samples from level 6 gave a weighted average of 733 g/t Ag, 1.12% Pb and 0.53% Zn over an average sample width of 1.53 meters, while a sample taken from a stockpile located on level 6 yielded 376 g/t Ag, 0.75% Pb and 1.66% Zn. The nine samples from level 11 yielded 45.5 g/t Ag, 2.02% Pb and 4.10% Zn over an average sample width of 1.84 meters.
The results announced today follow the first set of results announced on August 12, 2015. These results consisted of thirty-four channel samples and had as their primary objective to audit past exploration results from over five hundred samples taken in 2014 on levels 9 and 10 of the mine by an independent third-party. The audit sampling included taking twenty-five duplicate samples of the 2014 program. Sampling in new areas was also conducted on levels 3 and 4 of the mine where initial pilot production is planned. Nine samples were taken in this area.
The samples were placed in labeled bags secured with plastic tie strips and were delivered directly to the analytical facility for analysis, ALS Chemex de Mexico, located in Chihuahua City, Mexico. The samples were weighed, identified and photographed prior to sample preparation. All samples were analyzed in Vancouver by the ME-MS41 method for 51 elements, and over limits for Ag, Pb and Zn were reanalyzed by the Me-OG62 method when Ag is greater than 100g/t and Pb or Zn are greater than 1%. ALS Chemex is an internationally recognized analytical laboratory.

Alain Lambert, chairman and CEO of Cyprium, commented:

While the rehabilitation of shaft #3 and #5 as well as starting initial pilot production at level 2 to 4 and 9 & 10 remain our priority, our technical team continues the underground exploration of the Potosi mine with a view of identifying future production targets.

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