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    silver investing

    SilverCrest Reports First Drill Results from Babicanora Vein

    Priscila Barrera
    Mar. 02, 2017 08:59AM PST
    Precious Metals

    SilverCrest Metals (“SilverCrest” or the “Company”) is pleased to announce its first drill hole results for the Babicanora Vein within the Las Chispas Property (the “Property”) located in Sonora, Mexico. As part of the Company’s Phase II Exploration Program, underground drilling at the Babicanora Vein is testing the historic silver-gold mine. As quoted in the …

    SilverCrest Metals (“SilverCrest” or the “Company”) is pleased to announce its first drill hole results for the Babicanora Vein within the Las Chispas Property (the “Property”) located in Sonora, Mexico. As part of the Company’s Phase II Exploration Program, underground drilling at the Babicanora Vein is testing the historic silver-gold mine.
    As quoted in the press release:

    N. Eric Fier, CPG, P.Eng, President & CEO remarked, “We expected the area drilled to be mostly mined out and are very pleased to discover that much of the mineralization in this area is intact. The initial drill hole results at the Babicanora Vein suggests high-grade mineralization and a continuous, well-defined mineralized vein and structure that averages over four metres in true thickness. We have been able to trace the Babicanora Vein, on surface and underground, for over one kilometre within an altered and mineralized trend that is over 2.5 kilometres long and 1 kilometre wide. Underground access to this vein is via a 230-metre long 4 by 4 metre horizontal adit (see attached Photo), which was driven by a French company during the 1860s. We are drilling the Babicanora Vein from the face of this adit, and are encountering high grade drill intercepts within 8 to 33 metres of the adit.”

    Click here for the full text release

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