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NGEx Intersects 72 Meters of 339 g/t Silver at Filo del Sol

Charlotte McLeod
Feb. 19, 2015 04:27PM PST
Silver Investing

NGEx Resources Inc. (TSX:NGQ) announced results from the first eight holes of an ongoing drill program at its Argentina- and Chile-based Filo del Sol copper-gold-silver project.

NGEx Resources Inc. (TSX:NGQ) announced results from the first eight holes of an ongoing drill program at its Argentina- and Chile-basedĀ Filo del Sol copper-gold-silver project.

Highlights include:

  • VRC80 which intersected 38 meters of 106 g/t silver at the western edge of the resource block model, extending the zone 80 meters to the west of previous drilling;
  • VRC81 which intersected 8 meters of 565 g/t silver within a wider zone of 20 meters of 260 g/t silver along the western edge of the resource block model and 190 metres north of VRC80;
  • VRC86 which intersected 72 meters of 339 g/t silver 140 meters to the west of the resource block model and 412 meters north of VRC81. This hole extends the zone 200 meters to the west of previous drilling;
  • VRC85 which intersected 10 meters of 3.41% copper at the bottom of the hole which was abandoned in strong mineralization due to stuck drill rods.

Wojtek Wodzicki, president and CEO of NGEx, commented:

We are very pleased with today’s results which have significantly extended the high grade silver mineralization to the west of the current resource. We continue to be impressed with the size of the alteration zone at Filo and are now drilling larger step outs from the current resource and focusing on areas we believe could represent potential feeders to the mineralization.

Click here to read the fullĀ NGEx Resources Inc. (TSX:NGQ) press release.

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