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SilverCrest Updates Resource Estimates for La Joya, Including Cut-off Grade of 60 Gpt Ag Eq,100.8 million ounces of Ag Eq
Jan. 29, 2013 10:55AM PST
Silver InvestingSilverCrest Mines Inc. (TSXV:SVL, NYSE:SVLC, AMEX:SVLC) announce an updated resource estimation for their La Joya Property in Mexico.
SilverCrest Mines Inc. (TSXV:SVL, NYSE:SVLC, AMEX:SVLC) announce an updated resource estimation for their La Joya Property in Mexico.
As quoted in the market report:
The Company believes that the 60 gpt Ag Eq portion of the deposit with an estimated tonnage of 27.9 million tonnes grading 112 grams per tonne Ag Eq* constitutes a priority area to be examined as a potential “Starter Pit” for initial conceptual operations that will be examined in the Preliminary Economic Assessment( PEA) to be commenced shortly. The La Joya Property has excellent potential for additional resources with the deposits being open in most directions. Further infill and expansion drilling is recommended to increase and convert resources from Inferred to Indicated.
To view the whole press release, click here.