SNS Continues Gold Intercepts at Emerald Lake
16 Giugno 2010 - 3:01PM
Marketwired Canada
SNS Silver Corporation ("SNS" or the "Company") (TSX VENTURE:SNS) is pleased to
announce that it has received additional assay results from first part of a
phase 1 diamond drilling program on the Emerald Lake Property located 65 km
northeast of Sudbury, Ontario.
The program consisted of 6713 m of diamond drilling in 30 drill holes. The drill
holes partially tested the extension of the historical mineralization, as well
as various geophysical targets over a strike length of 750 m.
Highlights from the recent drilling are tabulated below. The lengths reported
are drill intersected core lengths and do not represent true widths.
---------------------------------------------------------------------
Hole Number From (ft) To (ft) Width (ft) Au (g/t)
---------------------------------------------------------------------
GR09-07 382.5 384 1.5 5.69
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-08 537.5 545 7.5 1.19
---------------------------------------------------------------------
593 594 1 23.30
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-09 843.5 846.5 3 6.20
---------------------------------------------------------------------
905 907 2 2.33
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-32 801 803 3 9.58
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-33 1020 1028 8 1.25
---------------------------------------------------------------------
including 1026 1028 2 18.45
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-34 No significant results
---------------------------------------------------------------------
1000 18 1.95
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-35 982 1000 3 3.20
---------------------------------------------------------------------
including 997 1015 3 1.12
---------------------------------------------------------------------
1012 1030 3 11.30
---------------------------------------------------------------------
1027 1100 3 5.57
---------------------------------------------------------------------
1097
---------------------------------------------------------------------
---------------------------------------------------------------------
GR09-36 No significant results
---------------------------------------------------------------------
Infill sampling on diamond drill hole GR09-29 (as reported on the previous press
release dated April 28, 2010) did not return significant values. Additional
samples have been recently cut and submitted to SGS Laboratories from diamond
drill holes.Results will be made available once the assays have been received
and approved by SNS's technical staff.
SNS has also approved a 2010 surface program which will begin immediately
consisting of line cutting, geological mapping, prospecting, and geophysics. The
geological mapping and prospecting will focus on the eastern portion of the
property where several known historical gold occurences have been reported.
Geophysics will include modelling and a downhole IP survey to define drill
targets for an upcoming drill program scheduled to commence in August, 2010.
The technical information in this press release has been reviewed and approved
by Joerg Kleinboeck, B.Sc., P.Geo., SNS's Qualified Person as defined by
National Instrument 43-101.
QA/QC Procedures
SNS Silver has implemented a rigorous quality assurance / quality control
(QA/QC) program to ensure best practices in sampling, analysis and preservation
of the drill core. This will ensure timely, accurate and comprehensive analysis
of all ongoing geological work at the project.
All drill core is logged, photographed, and cut on-site with a diamond saw. Half
of the core is submitted for analysis to ALS Laboratory Group, in Sudbury,
Ontario, "an ISO 9001:2000" accredited laboratory. Lab protocols include fire
assay for Au with an AA finish on a crushed and pulverized sub-sample. The MDL
and upper detection limits (UDL) for Au are 5 - 1000 ppb under this protocol.
Above the UDL a gravimetric method is used for determination on high
concentrations. Where high gold values are suspected the samples are processed
using a "Screen Fire Assay" procedure in order to ensure that there is no bias
due to the presence of coarse gold. Under this procedure the entire sample is
pulverized, and screened to 100 microns. The entire sample above 100 microns is
fire assayed and two splits from the sample below 100 microns are also fire
assayed and weight averaged to arrive at the final assay value.
Internal Lab Quality Control consists of a repeat of every tenth sample, and for
every 20 samples run, a standard and a blank sample are analyzed. An additional
quality control program has been implemented by the Company using certified
control standards, and coarse field blanks that are randomly inserted into the
sample stream. A program of analysis of duplicate samples has begun and is
ongoing.
The board would also like to thank Charlie Pitcher P.Eng, for providing his
oversight into the development of the Crescent Mine. Now that the UMG asset
transfer is complete Charlie will be stepping down from the board.
The board would also like to wish Charlie success in his future endeavours.
We Seek Safe Harbor
SNS Silver Corporation (TSX VENTURE:SNS) is an exploration mining company, whose
assets include a number of near term production projects in geopolitically
secure Idaho, USA. The 100% owned Crescent Mine consists of 24 patented mining
claims over approximately 350 acres. These adjacent properties operated
independently to produce nearly 400 million ozs of silver historically and their
recent merger is expected to enhance exploration opportunities on their once
disputed boundary.
This press release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Security Exchange Act of 1934, and
involves a number of risks and uncertainties. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the TSX
Venture Exchange and the British Columbia Securities Commission. All statements,
other than of historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements.
Grafico Azioni Select Sands (TSXV:SNS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Select Sands (TSXV:SNS)
Storico
Da Giu 2023 a Giu 2024
