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Cerro Resources NL announced assay results for an additional eighteen drill core holes from the Namiquipa Silver Project, in Chihuahua state, Mexico.
60 holes have been completed for a total of 22,633m of core, with further assays pending. Drilling has resumed after the holiday break. Highlights of the Princesa /Megan Vein system include - NAM-047 6m @ 1,175g/t AgEq from 163m;
- including 1.4m @ 3,607g/t AgEq from 164.6m;
- NAM-036 12.5m @ 129g/t AgEq from 330.4m, with zinc values averaging 3%;
- NAM-039 2m @ 898g/t AgEq from 388m.
Core drilling has now intersected mineralization to vertical distances of 350m below the surface and continues to be open at depth. High grade mineralization intersected in NAM-047 correlates with mineralization intersected in NAM-018 and remains open at depth. Further drilling will test down dip and strike extensions. Vein Systems Core rigs operating at Namiquipa have continued to test the main vein systems at depth and along strike. To date the drilling confirms the system consists of multiple veins and strongly anomalous assays across the six main veins identified to date: Princesa, America, Mexico, Megan, Esmeralda and Antenna. Eleven of the core holes currently being reported were drilled to test mineralization along the Princesa/Megan Vein system. Assay results were also received for three drill holes designed to test surface geological features and potential mineralization along the Antenna system. And results were received for holes drilled to test targets in the Northern Extension Area, as well as results for two holes drilled to test the Southern Area. Further assays are pending and will be reported as they become available. More information, click here. |
