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Source Exploration Extends High-Grade Zone at Las Minas Project

Written by Investing News Network
|
Nov. 15, 2012 10:16AM PST

Source Exploration (TSXV:SOP) announced that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property in Mexico.

Source Exploration (TSXV:SOP) announced that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property in Mexico.

As quoted in the press release:

The drilling has extended the high-grade discovery zone a further 35 metres to the west of discovery hole LM-SC-12-45, which returned 15.89 grams per tonne gold (g/t Au), 12.98 grams per tonne silver (g/t Ag) and 2.25% copper (%Cu) over 10 metres. Drill hole LM-SC-12-57 returned 4.30 g/t, 7.55 g/t silver and 2.91% copper or 8.88 g/t Au Eq over 8.0 metres. The high-grade zone has now been outlined by detailed drilling over a strike length of 55 metres, with widths varying from 4.0 to 28.0 metres and extending approximately 150 metres down-dip. The high-grade core of gold, silver and copper mineralization is contained within a larger mineralized envelope measuring approximately 87 metres on strike, and remains open both down-dip and along strike to the Northwest.

Source Exploration President and CEO Brian Robertson said:

We are excited about these new drill results, which continue to expand the high-grade Santa Cruz target. The recent drilling has also increased our understanding of the controls and association of the high-grade gold – silver – copper zones with magnetite. Our ground magnetic survey is underway, and we expect the results will lead to other high-grade gold – silver – copper discoveries on the property.

Click here to read the Source Exploration (TSXV:SOP) press release

See this press release on Marketwire
Click here to see the Source Exploration (TSXV:SOP) profile

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Ground Magnetic Geophysical Survey Commences at Source Exploration’s Las Minas Property

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