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Silver Spruce Receives First Assays from Kay Mine VMS Samples
Dec. 07, 2017 08:11AM PST
Silver InvestingSilver Spruce Resources (TSX VENTURE:SSE)(FRANKFURT:S6Q) (“Silver Spruce” or the “Company”) is pleased to announce that it has received its first assays of mineralized rock samples taken from the development/production dumps at the Kay Mine in Arizona. These first twenty-five samples were taken for data verification purposes to confirm the tenor of mineralization reported by Exxon …
Silver Spruce Resources (TSX VENTURE:SSE)(FRANKFURT:S6Q) (“Silver Spruce” or the “Company”) is pleased to announce that it has received its first assays of mineralized rock samples taken from the development/production dumps at the Kay Mine in Arizona.
These first twenty-five samples were taken for data verification purposes to confirm the tenor of mineralization reported by Exxon Minerals and previous developers of the mine. Eighteen of the samples consisted of volcanogenic massive sulphide (VMS) and sulphide-bearing material. Assay values from these samples are listed in the table below with their respective over-limit values.
Karl Boltz, CEO of Silver Spruce, said:
“We are very encouraged by the assay values produced from samples taken during several Company- hosted, third-party tours of the Kay Mine project in September and October.
These assays are a good indication of metal values in the development rock which was taken from the underground levels of the mine during its initial construction and production preparation phase, prior to 1957, when the mine was flooded. Assay results from an additional fourteen samples are pending.”