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Four New Mineralized Structures Discovered at Sunset Cove’s Carolay

Investing News Network
May. 08, 2012 09:17AM PST
Silver Investing

Sunset Cove (TSX:SSM) announced the discovery of four new mineralized structures at its Carolay Silver property. The four veins are found adjacent to the Carolay Vein and within the 300-meter wide Anomaly #1. Identified as the Rosemary; Paola; Doris and Cristal veins. The two most interesting are the Rosemary and Paola veins and they run parallel to the known Carolay vein. They both have very very steep dips of over 75 degrees Northeast, making them very interesting and important geologically.

Sunset Cove (TSX:SSM) announced the discovery of four new mineralized structures at its Carolay Silver property. The four veins are found adjacent to the Carolay Vein and within the 300-meter wide Anomaly #1. Identified as the Rosemary; Paola; Doris and Cristal veins. The two most interesting are the Rosemary and Paola veins and they run parallel to the known Carolay vein. They both have very very steep dips of over 75 degrees Northeast, making them very interesting and important geologically.

As quoted in the press release:

The channels sample results of the Rosemary vein returned 24.54 g/t Ag, 0.03% Cu, 0.07%Pb and 0.41%Zn. It also measured a minimum of 17 meters on surface and is 3.12 meters wide.

The channel sample results for the Paola vein returned 16.09 g/tAg, 0.02% Cu, 0.10% Pb and 0.35%Zn. The vein measures 52 meters long and is 3.25 meters wide.

In addition the Doris vein runs perpendicular between the Rosemary and Paola veins.  The channel samples reported 21.55 g/t Ag, 0.04 %Cu, 0.26% Pb and 0.58% Zn and found to be narrow at surface. The Cristal vein samples showed 9.80 g/t Ag, 0.02% Cu, 0.06% Pb and 0.49% Zn and also was found to be narrow at surface.

The mineralogy of these four structures is similar to that of the Carolay vein. The veins have the same mineralogy so far; the only difference is that some of them have a higher proportion in terms of minerals.

Sunset President and CEO Lorne Woods said:

“The new structures are very encouraging as the angles of inclination are usually indicators of veins that run deep.”

Click here to read the Sunset Cove (TSX:SSM) press release
Click here to see the Sunset Cove (TSX:SSM) profile.

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