Reports More High Grade Underground Sampling Results at Las Chispas; Update on Phase II Drill Program
VANCOUVER - January 18, 2017 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: $SIL.V) is pleased to provide an update on the underground rehabilitation and drill programs at its Las Chispas Property ("Las Chispas") located in Sonora, Mexico, and report on additional high grade underground sampling results on the 550 level of the Las Chispas Vein.
N. Eric Fier, CPG, P.Eng, President & CEO, commented, "During Q4 2016, SilverCrest gained access to a majority of the historic workings on the Las Chispas Vein. This work was critical to further understand the continuity, widths and opportunities for intact high grade silver-gold mineralization. Initial sampling of a historic high grade area on the 550 level shows grades of up to 13.35 grams per tonne ("gpt") gold and 1,720 gpt silver or 2,721 gpt silver equivalent ("AgEq"; ratio 75 Ag : 1 Au and 100% metallurgical recovery) over 0.6 metres. Concurrently with the underground rehabilitation program, Phase II surface and underground drilling programs are underway with 12 core holes completed to date totalling approximately 2,400 metres. All 12 holes have intersected stockwork, veining and/or breccia. Drill results should be available for release in late-February."
- Published: 18 January 2017
- Written by Investor Ideas