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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > NEWS .. LA JOYA RESULTS
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Post by Kewl2 on May 07, 2012 8:15am

NEWS .. LA JOYA RESULTS

SilverCrest Reports 127.4m @ 65.6 gpt Ag Eq(i) at La Joya Expands Main Mineralized Trend to Northeast and Southwest

https://www.marketwire.com/press-release/silvercrest-reports-1274m-656-gpt-ag-eqi-la-joya-expands-main-mineralized-trend-northeast-tsx-venture-svl-1653332.htm

"J. Scott Drever, President stated: "In January we announced an initial Inferred Resource in a portion of the Trend of 57.9 million tonnes grading 28 gpt Ag, 0.18 gpt Au and 0.21% Cu and containing 101.9 million ounces Ag Equivalent(i). We have since drilled 23 holes as a part of the second phase of drilling that have successfully expanded mineralization in all lateral directions with the possible expansion of the resource along the Trend. We have begun to drill the area to the southeast of the declared resource which, based on previous historic drilling and our surface sampling results, is expected to host the most attractive mineralized portion of the Trend".

Comment by thedave2006 on May 07, 2012 9:17am
looking well, too bad for market malaise.  dip buy all the good plays and selloff the fluffy specs.   cheers, dave.
Comment by casey13 on May 07, 2012 3:16pm
The lesson for today is do not release any news in this market. It only attracts attention which causes selling.  Nice news and the value here just gets better daily.
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