Minco Silver Releases Additional Step Out Drilling Results From Fuwan
29 Aprile 2008 - 3:00PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX: MSV) is pleased to report the
assay results of 22 holes, for a total of 6,015.78 metres (m), from
exploration drilling on its Fuwan Silver Project located in
Guangdong Province, China. The program was predominantly designed
to expand the known resource base through step out drilling. All of
the holes in this release are considered step out holes, most of
which have extended the size of the currently known
mineralization.
The step out drilling was successful in extending the
mineralization in the following areas:
1) The down dip direction of the north-east mineralized zone has
been extended down dip and along strike by 160 metres based on two
positive drill holes on sections 3W and 12E. The results ranged
from 74.90 to 316.44 grams per tonne (g/t) silver (Ag) over widths
from 0.97 to 5.2 metres.
2) The south-west mineralized zone was continued to be extended
up dip between sections 23W to 51W for up to 200 metres along a
strike length of 560 metres by 12 drill holes. The results ranged
in grades from 37.00 to 934.00 g/t Ag over widths of 0.30 to 8.20
metres. Approximately half of the holes intersected multiple zones
of mineralization. A significant aspect of this newly intersected
mineralization; it is located away from the Unconformity Controlled
Zone which was previously interpreted to control all significant
mineralization fluid movement.
3) Extended known mineralization along strike approximately 300
metres from section 83W to section 93W based on two drill holes.
The results ranged from 105.00 to 318.00 g/t Ag over widths from
0.10 to 1.43 metres.
The drilling program occurred between section lines 20E and 93W
and the assay results are highlighted by the following
intersections:
- FW0158: 211.46 g/t silver over 2.32 m and 202.72 g/t silver
over 3.31 m
- FW0172: 183.67 g/t silver over 2.70 m
- FW0192: 469.30 g/t silver over 5.18 m and 388.78 g/t silver
over 1.96 m and 361.33 g/t silver over 2.50 m
- FW0195: 229.50 g/t silver over 4.00 m
- FW0198: 521.00 g/t silver over 1.50 m and 385.00 g/t silver
over 1.00 m
- FW0200: 316.44 g/t silver over 5.20 m
- FW0205: 87.48 g/t silver over 8.20 m
------------------------------------------------------------------------
Average Grade
From To Intercept ------------------------------
Hole No. (m) (m) (m) Au(g/t) Ag(g/t) Pb(%) Zn(%)
------------------------------------------------------------------------
FW0158 130.58 132.90 2.32 0.03 211.46 0.46 0.78
----------------------------------------------------------------
136.28 140.17 3.89 0.15 74.95 0.23 1.09
----------------------------------------------------------------
161.90 165.21 3.31 0.03 202.72 0.21 0.41
----------------------------------------------------------------
182.89 183.86 0.97 0.14 156.00 0.24 1.28
------------------------------------------------------------------------
FW0172 111.40 143.95 2.70 0.59 183.67 0.11 0.79
------------------------------------------------------------------------
FW0187 NSR - -
------------------------------------------------------------------------
FW0188 127.05 127.85 0.80 less 58.00 0.00 0.01
than
0.01
----------------------------------------------------------------
132.65 133.65 1.00 0.03 54.00 0.00 0.01
----------------------------------------------------------------
143.90 144.16 0.26 0.08 494.00 0.00 0.03
----------------------------------------------------------------
248.00 249.35 1.35 0.02 114.37 0.16 0.06
------------------------------------------------------------------------
FW0189 98.05 99.05 1.00 less 65.00 0.00 0.02
than
0.01
----------------------------------------------------------------
103.05 107.05 4.00 0.00 50.25 0.00 0.02
------------------------------------------------------------------------
FW0190 121.70 121.80 0.10 0.12 258.00 0.45 2.67
----------------------------------------------------------------
130.20 130.35 0.15 0.06 315.00 0.41 2.02
------------------------------------------------------------------------
FW0191 68.30 69.30 1.00 0.83 52.00 0.08 0.34
----------------------------------------------------------------
152.10 152.80 0.70 0.09 125.00 0.36 1.43
------------------------------------------------------------------------
FW0192 53.05 55.80 2.75 0.15 124.00 0.01 0.04
----------------------------------------------------------------
66.30 72.10 2.50 0.15 89.56 0.02 0.04
----------------------------------------------------------------
161.74 164.24 2.50 0.13 361.33 0.22 0.61
----------------------------------------------------------------
169.24 171.20 1.96 0.26 388.78 1.29 3.26
----------------------------------------------------------------
203.07 208.25 5.18 0.18 469.30 1.30 2.93
----------------------------------------------------------------
215.40 215.72 0.32 0.14 934.00 0.45 1.49
------------------------------------------------------------------------
FW0193 55.11 56.20 1.09 0.39 154.00 0.04 0.09
----------------------------------------------------------------
72.83 73.17 0.34 less 647.00 0.25 0.46
than
0.01
----------------------------------------------------------------
78.13 79.38 1.25 0.13 89.60 0.06 0.15
------------------------------------------------------------------------
FW0194 256.20 256.30 0.10 0.08 318.00 0.22 0.05
----------------------------------------------------------------
295.50 295.90 0.40 0.05 105.00 0.60 0.58
------------------------------------------------------------------------
FW0195 95.20 113.85 6.10 0.33 49.83 0.01 0.06
----------------------------------------------------------------
161.35 165.35 4.00 0.10 229.50 0.83 0.60
----------------------------------------------------------------
238.66 238.97 0.31 0.10 152.00 0.10 1.69
----------------------------------------------------------------
252.55 253.55 1.00 0.35 168.00 0.12 6.06
------------------------------------------------------------------------
FW0196 72.60 74.03 1.43 0.58 121.62 0.15 0.49
------------------------------------------------------------------------
FW0198 101.10 110.45 6.78 0.18 79.03 0.02 0.04
----------------------------------------------------------------
130.50 131.60 1.10 0.07 104.00 0.04 0.24
----------------------------------------------------------------
205.85 206.85 1.00 0.18 385.00 0.35 2.45
----------------------------------------------------------------
241.70 243.20 1.50 0.17 521.00 0.54 0.66
----------------------------------------------------------------
262.80 263.50 0.70 0.03 198.00 0.36 0.52
------------------------------------------------------------------------
FW0199 56.80 57.80 1.00 0.04 50.00 0.02 0.02
----------------------------------------------------------------
68.70 69.70 1.00 0.02 50.00 0.02 0.12
----------------------------------------------------------------
104.30 112.00 2.10 0.07 121.33 0.02 0.05
----------------------------------------------------------------
120.60 120.90 0.30 0.06 56.10 0.01 0.01
----------------------------------------------------------------
142.36 143.36 1.00 0.03 101.00 0.08 0.11
----------------------------------------------------------------
154.40 156.40 2.00 0.38 306.58 0.25 5.08
----------------------------------------------------------------
186.40 188.25 1.85 0.01 64.57 0.07 0.17
------------------------------------------------------------------------
FW0200 97.75 102.95 5.20 0.17 316.44 0.30 0.57
------------------------------------------------------------------------
FW0201 13.10 14.00 0.90 1.84 37.00 0.16 0.01
----------------------------------------------------------------
272.60 273.35 0.75 0.06 71.00 0.08 0.86
------------------------------------------------------------------------
FW0202 19.05 20.05 1.00 0.06 84.00 0.03 0.15
----------------------------------------------------------------
142.80 143.50 0.70 0.13 124.00 0.02 0.03
------------------------------------------------------------------------
FW0203 NSR - -
------------------------------------------------------------------------
FW0204 91.60 94.00 0.50 0.54 149.70 0.05 0.08
----------------------------------------------------------------
101.45 107.40 2.05 1.21 70.64 0.06 0.07
----------------------------------------------------------------
140.81 144.95 4.14 0.09 105.13 0.15 0.41
----------------------------------------------------------------
165.80 166.80 1.00 0.23 173.00 0.03 3.50
----------------------------------------------------------------
278.09 281.65 3.56 0.07 43.18 0.05 0.03
------------------------------------------------------------------------
FW0205 18.14 26.34 8.20 0.10 87.48 0.03 0.08
------------------------------------------------------------------------
FW0206 NSR - -
------------------------------------------------------------------------
FW0209 86.50 86.70 0.20 0.19 108.00 0.06 0.05
----------------------------------------------------------------
249.65 250.70 1.05 0.03 243.00 0.22 0.27
------------------------------------------------------------------------
True widths for the mineralized zones typically range from 75%
to 95% of the stated intercepts. Please visit the Company's website
at www.mincosilver.ca to view a map of the drill hole
locations.
Minco Silver is encouraged by these drilling results and is
continuing to work aggressively to advance the Fuwan Silver Project
with further drilling. The results of these holes will be included
in the resource estimate that will be completed in May. A total of
five drills are currently on the property completing further step
out drilling to expand the overall resource. The deposit remains
open along strike to the southwest and down dip to the south.
Samples were prepared and assayed at PRA Kunming lab (Process
Research Associated Ltd.) with supervision of a certified BC
assayer. Silver was assayed with fire assay and AAS or gravimetric
finish. Assay results were further checked at PRA's Vancouver lab
as an external check. Samples have also been sent to ASL Chemex
Laboratories in Guangzhou, Guangdong Province, PRC for additional
check analysis. Reference materials were inserted by Minco staff
geologists as a further assay control.
Mr. Dwayne Melrose, P. Geo, Vice President Exploration for Minco
Silver, has reviewed this news release and is the Qualified Person
responsible for verification and quality assurance of the Company's
exploration data and analytical results.
About Minco Silver
Minco Silver Corporation (TSX: MSV) is a TSX company focusing on
the acquisition and development of silver dominant projects in
China. The Company is the exclusive vehicle for pursuing silver
opportunities in China pursuant to a strategic alliance agreement
between Minco Gold Corporation (TSX: MMM)(AMEX: MGH)(FRANKFURT:
MI5) and Silver Standard Resources (TSX: SSO).
ON BEHALF OF THE BOARD
Dr. Ken Z. Cai, Chairman & CEO
Certain terms or statements made that are not historical facts,
such as anticipated advancement of mineral properties or programs,
productions, sales of assets, exploration plans or results, costs,
prices, performance are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated, expected or implied. These risks and uncertainties
include, but are not limited to; metals price volatility,
volatility of metals production, project development risks and
ability to raise financing. The Company undertakes no obligation
and has no intention of updating forward-looking statements.
The Toronto Stock Exchange does not accept responsibility for
the accuracy of this news release.
Contacts: Minco Silver Corporation Ute Koessler 1-888-288-8288
or (604) 688-8002 Email: ir@mincomining.ca Website:
www.mincosilver.ca
Grafico Azioni Minco Silver (TSX:MSV)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Minco Silver (TSX:MSV)
Storico
Da Lug 2023 a Lug 2024
