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Liberty Silver Corp. (TSX:LSL,OTCBB:LBSV) announced the results from phase one of its drilling program in Nevada’s Trinity silver mining district.
Liberty Silver Corp. (TSX:LSL,OTCBB:LBSV) announced the results from phase one of its drilling program in Nevada’s Trinity silver mining district.
According to the press release, highlights include:
- Hole A12-17, located southeast of the Trinity open pit and Resource Area, intersected significant silver mineralization in the oxide zone with individual 5 ft-thick samples ranging up to 15 ounce per ton (“opt”) silver
- 16 of 18 vertical holes intercepted sample intervals greater than 1 opt silver with grades as high as 15 opt silver
- Confirmation holes drilled inside Resource Area contained intervals up to 4.3 opt silver
- Drilling indicates potential for two new extensions from the existing Resource Area
- Based on assays from 413 historical1 and current drill holes, spanning over approximately 1 square mile, the average grade is 0.7 opt silver
Liberty’s president and CEO, Bill Tafuri, commented:
We are extremely pleased with the results from phase one of our 2012 drilling program. Trinity is a large, high quality asset that provides us with a relatively low-risk opportunity to expand the known Resource, and also has high quality exploration targets. We are very excited about the potential revealed by the first phase of drilling.
Click here to read the full Liberty Silver Corp. (TSX:LSL,OTCBB:LBSV) press release.