Santa Fe Metals Corporation found lead in their 2,000 metre drill program on its Lobos property in the States of Zacatecas and Durango, Mexico. At Charcos, drill hole L-BD08-7 intersected significant mineralization over four meter and eight meter intervals with values as high as 0.7% zinc and 0.29% lead. Read the entire article here. [...]
Trevali Resources Corp has discovered additional high-grade tailings material in its Santander silver-lead-zinc project in the Cerro de Pasco District of west-central Peru. The average of all eleven one-metre deep pits collected to date is 2.3 oz/t (71.5 g/t) silver, 0.46% lead, 4.79% zinc and 0.18% copper (n equals 11) (Table 1). Read the complete [...]
Full Metal Minerals completed an additional 13 drill holes at their LWM Carbonate Replacement Deposit (CRD) at the Fortymile property in eastern Alaska. Drill hole LWM08-45 is the furthest northeastern step-out hole with assays to-date on the property, and encountered 6.95 meters true width averaging 4.9% Zn, 11.6% Pb and 181.3 g/t Ag, including 2.6 [...]
Scorpio Mining Corporation found further underground drill results from the 9th level North West Main Zone of their Nuestra Senora project in Sinaloa State, Mexico. Scorpio intersected 25.69% lead over 0.6 metres within 18 metres grading 2.20% lead. Peter J. Hawley, Chairman, CEO reports, “As our geological team increases its understanding of the controls of the [...]
The Canadian-based Paragon Minerals Corporation will begin drilling in central Newfoundland, Canada at their 100% owned South Tally Pond base metal project. The South Tally Pond Project is located in the same volcanic belt and has very strong similarities to the rocks that host Teck-Cominco’s Duck Pond Mine, located 20 kilometres to the northwest. In [...]
Thursday, October 16, 2008