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Apogee Silver Ltd.(TSXV:APE) announced the latest updates from its Bolivian Pulacayo project. Mr.Chantal Lavoie has also been appointed to the Company’s Board of Directors. Apogee are hoping to complete a mineral resource estimate at Pulacayo by June 2012.
Apogee Silver Ltd.(TSXV:APE) announced the latest updates from its Bolivian Pulacayo project. Mr.Chantal Lavoie has also been appointed to the Company’s Board of Directors. Apogee are hoping to complete a mineral resource estimate at Pulacayo by June 2012.
As quoted in the press release:
- Over 1,600 meters of historical underground workings rehabilitated
- Trial mining operations underway and 3,800 tonnes ore & waste mined to date
- 189 meters of new underground development, including 130 meters in ore completed to date
- Sampling ahead of first trial stope includes undiluted, weighted average grades of
- 742.5g/t silver 11.01% lead and 5.65% zinc over a strike length of 37 meters and average vein width of 0.80 meters. This mineralization occurs outside of the published resource
Apogee, CEO, Neil T.Ringdahl, said:
Apart from these exciting results, we are delighted by the progress that our teams new to mining have made underground. We are on track to gradually increase underground production in the coming months with a strong emphasis on safe operating practices. As reported in October 2011, the resource estimate with respect to the Pulacayo project was dramatically increased and we remain confident that there is excellent potential for continued resource growth as new underground exploration and development results flow in. Ore mined is being stockpiled for treatment and Apogee plans to commence custom toll-milling earlier than contemplated with a view to reach a sustained target of 200 tonnes per day of ore produced later in the year.
Click here to read the Apogee Silver Ltd. (TSXV:APE) press release
Click here to see the Apogee Silver Ltd. (TSXV:APE) profile.
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