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    market news

    Santacruz Silver Intersects Membrillo Vein and Discovers Two Additional Veins Cross Cutting the Membrillo Structure

    Melissa Shaw
    Jun. 28, 2017 08:48AM PST
    Silver Investing

    Santacruz Silver Mining (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that the Company has now intersected a targeted high-grade zone of the Membrillo vein at the Membrillo Prospect. Eight preliminary rock samples of muck material removed from the first 10.60 metres of the production drift along the Membrillo vein on Level 1.5 returned assay results that …

    Santacruz Silver Mining (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that the Company has now intersected a targeted high-grade zone of the Membrillo vein at the Membrillo Prospect.
    Eight preliminary rock samples of muck material removed from the first 10.60 metres of the production drift along the Membrillo vein on Level 1.5 returned assay results that range from 0.10 – 0.59 grams per tonne gold, 8.0 – 121.0 grams per tonne silver, 0.12 – 0.40 percent lead, and 0.62 – 7.07 percent zinc.
    The true thickness of the Membrillo vein in the production drift is approximately 0.40 – 0.90 meters. Systematic chip sampling is currently in progress and assay results are pending. The extent of mineralization of this high-grade zone is currently unknown.
    Company CEO Arturo Prestamo said:

    “We are encouraged with the continuing positive developments at the Membrillo Prospect.
    The previously announced San Rafael vein together with the main Membrillo vein should enhance the overall impact of the Membrillo Prospect on the Rosario Project. Based on these recent discoveries we will re-evaluate and study the overall geological potential of both the Membrillo Prospect and the Rosario Mine.”
    Management anticipates delivering 250 tpd of material from the Membrillo Prospect to the Rosario mill for processing during the third quarter of 2017.

    Click here to read the full text release.

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