El Tigre Silver Corp. (TSXV:ELS,OTCQX:EGRTF,FWB:5RT) announced it has received the first round of silver assays from its tailings project.
As quoted in the press release:
The tailings are located on the concessions that are part of El Tigre’s 431 square kilometer concession ownership in Sonora, Mexico.
The silver assays from 43 samples returned an average of 87.7 grams per metric ton (or 2.6 ounces per short ton). The range of the assays were from a low of 54 grams to a high of 157 grams. Sampling was done by channeling a total of 410 meters down the sides of the tailings pile at 25 meter spacings and from evenly spaced 1.5 meter deep holes from the top of the piles. The material that was sampled consisted of very fine crushed rock that has the consistency of coarse flour.
El Tigre President and CEO, Stuart Ross, said:
“We are very pleased with the assay results as they confirm the past work and confirm our decision to proceed with the further work necessary for early production at El Tigre.”