El Tigre Silver Corp. (CVE:ELS) reports diamond drill and assay results from the Gold Hill exploration target and completion of drilling at Sonora, Mexico.
The press release is quoted as saying:
Three components of Gold Hill and Tigre Viejo Canyon geology recommended the area for exploration. First, disseminated iron oxides and quartz veinlets alter the volcanic rocks that underlie Gold Hill and are marked by numerous prospect pits.
El Tigre Silver’s President and CEO, Stuart Ross says:
“We are extremely satisfied with the results of the assays from Tigre Viejo Canyon, the fourth of El Tigre’s exploration targets drilled in the first quarter of this year. Our results have continued to confirm our high expectations for the El Tigre project and helped to expand the viability of the two and one half kilometer strike zone. The strong results of these assays will help us to define the target areas for our minimum 5,000 metre drill program that we look forward to commencing in the summer of 2011. The results in ET-31 include 11.24 metres of 129 grams silver per metric ton and 4.49 metres of 295 grams silver per metric ton, these are significant results.”
Click here to access the entire news release.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1930.51 | +2.13 | |
| Silver | 23.73 | +0.10 | |
| Copper | 4.19 | -0.04 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 79.18 | -0.50 | |
| Heating Oil | 3.16 | -0.02 | |
| Natural Gas | 2.66 | -0.19 | |