The Conversation (0)
Finlay Minerals Offers an update on its Silver Hope Property
Nov. 15, 2017 09:05AM PST
Silver InvestingFinlay Minerals (TSXV: FYL) (the “Company”) is providing an update on its Silver Hope property (“Silver Hope”) in light of the recent deep discovery at New Nadina Explorations Ltd.’s (“New Nadina”) Silver Queen property (“Silver Queen”), as announced in New Nadina’s news releases dated October 25, 2017, October 27, 2017, and November 10, 2017. Over the past several years, …
Finlay Minerals (TSXV: FYL) (the “Company”) is providing an update on its Silver Hope property (“Silver Hope”) in light of the recent deep discovery at New Nadina Explorations Ltd.’s (“New Nadina”) Silver Queen property (“Silver Queen”), as announced in New Nadina’s news releases dated October 25, 2017, October 27, 2017, and November 10, 2017.
Over the past several years, the exploration industry has successfully used geological and geophysical data to locate larger, deep-seated “feeder” porphyry systems. These mineralized zones are now being found beyond the depths of historic deposits, as well as at former and currently operating mines.
John Barakso, the Company’s founder and Chairman of the Board and a co-founder of the Equity Silver and Kemess South and Underground deposits states:
“The Silver Hope has yielded three discoveries: a copper-molybdenum porphyry (West Horizon) in 2010, silver-copper-gold breccias (Deep Main Horizon) in 2011 and 2014, and a silver-copper structure (East Horizon) in 2011.Finlay’s next exploration focus on the Silver Hope is to expand the deep IP surveys and to continue conducting deeper drilling.”