Resource News

SilverCrest Mines Inc. (TSXV:SVL) reported the results of 11 additional holes drilled on the La Joya property in Mexico.

SilverCrest Mines Inc. (TSXV:SVL) reported the results of 11 additional holes drilled on the La Joya property in Mexico.

As quoted in the press release:

 The Phase II program is comprised of 80 holes totaling approximately 15,000 metres. Phase II drilling reported to date has extended the Main Mineralized Trend (“Trend”) beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq. The drill defined Trend now extends for approximately 2 kilometres with an average width of approximately 700 metres.

President of SilverCrest, J. Scott Drever, commented:

Since announcement of our initial resource in January of this year, we have drilled an additional 45 holes as a part of the second phase of drilling at La Joya and have now reported positive results for 33 holes. We have successfully expanded mineralization in all lateral directions along the Trend with the possible expansion of the declared resource. The most recent holes confirm our interpretation that the area to the south of the declared resource appears to host the most attractive mineralized portion of the Trend which in many instances begins at or near to surface.

Click here to read the full press release. 

 

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