more silver at Cusi along with gold at San Juan......this company is probably under the radar last couple trading sessions. Sometimes good news like this will take a couple days to absorb then watch out. Lift off. GLA
Thecook
Dia Bras Drills More High Grade Silver at Cusi
8/4/2010 10:30:59 AM - Market Wire
MONTREAL, QUEBEC, Aug 04, 2010 (MARKETWIRE via COMTEX News Network) --
Dia Bras Exploration Inc. (TSX VENTURE: DIB) is pleased to report that drilling in support of mine planning at its Cusi silver project is returning significant results, with more high-grade intercepts from the Promontorio, Santa Eduwiges and San Juan mines, plus elevated gold grades from San Juan. Both the Promontorio and San Juan mines are being prepared for pilot-mining during early 2011.
"These results are very encouraging but not surprising", states Daniel Tellechea, President and CEO of Dia Bras. "We have constantly drilled high silver grades at this project and the presence of gold at San Juan is especially encouraging."
Locations of drill holes reported here are shown in
https://www.diabras.com/en/newscenter/2010/El%20Gallo_DDH_2aug.pdf Figure 1 of the Promontorio Area (El Gallo Vein) and
https://www.diabras.com/en/newscenter/2010/San%20Antonio_DDH_2aug.pdf Figure 2 of the Santa Eduwiges Area (San Antonio Vein). Results from the three areas are shown in the tables below:
Promontorio Area:
-------------------------------------------------------------------------- Est.Hole From To Interval True Width Ag Pb ZnID(i) (m) (m) (m) (m) (g/t) (%) (%) Vein--------------------------------------------------------------------------286 142.3 145.5 3.2 2.9 361 0.34 0.38 L--------------------------------------------------------------------------288 137.3 138.6 1.3 1.1 600 0.30 1.34 El Gallo--------------------------------------------------------------------------291 128.7 130.0 1.3 1.2 232 0.14 0.22 El Gallo--------------------------------------------------------------------------294 146.9 149.9 3.0 2.5 394 0.74 0.35 El Gallo----------------------------------------------------------------incl. 147.9 148.9 1.0 0.8 1,155 2.09 0.85--------------------------------------------------------------------------295 128.1 128.7 0.60 0.55 1,035 0.12 0.37 El Gallo--------------------------------------------------------------------------296 137.8 139.9 2.1 1.9 381 0.19 0.27 El Gallo--------------------------------------------------------------------------
(i)All holes have the prefix DC10B
Santa Eduwiges Area
--------------------------------------------------------------------------- Est.Hole From To Interval True Width Ag Pb ZnID(i) (m) (m) (m) (m) (g/t) (%) (%) Vein---------------------------------------------------------------------------292 35.0 39.8 4.8 2.8 290 0.11 0.10 San Antonio--------------------------------------------------------------------------- S. Antonio293 27.1 29.0 1.9 1.7 194 0.17 0.14 Alto--------------------------------------------------------------------------- S. Marina300 33.6 36.0 2.4 1.9 814 0.21 0.28 Alto---------------------------------------------------------------------------
(i)All holes have the prefix DC10B
San Juan Area
Drilling at San Juan is proceeding rapidly because most of the holes are relatively short; see
https://www.diabras.com/en/newscenter/2010/SanJuanLong_Section.pdf Figure 3 (a cross section along the San Juan Vein). In addition, channel sampling of underground workings is in progress; assay results will be released after gold values have been reported. Additional drill results will also be released after gold values have been reported.
-------------------------------------------------------------------------- Est.Hole From To Interval True Width Au Ag Pb ZnID(i) (m) (m) (m) (m) (g/t) (g/t) (%) (%) Vein--------------------------------------------------------------------------297 96.0 102.0 6.0 2.2 1.10 655 0.13 0.15 San Juan----------------------------------------------------------------incl. 96.0 99.0 3.0 1.1 1.96 1,240 0.23 0.25--------------------------------------------------------------------------302 49.6 53.0 3.4 2.2 0.55 314 0.04 0.06 San Juan--------------------------------------------------------------------------
(i)All holes have the prefix DC10B
Method of Analysis
Samples were prepared at the ALS Chemex lab facility in Chihuahua, Mexico, and analyzed by ICP and AA methods at their facilities in Vancouver, Canada. Diamond drill samples sent for analysis consisted of half NQ-size and BQ-size diamond core split on site, prepared by the ALS Chemex sample preparation laboratory in Chihuahua, Mexico, and assayed for Au by 50 g fire assay with AA finish, and for Ag by AA on 50 g split sample at the ALS Chemex North Vancouver Laboratory. Assays for Pb, Zn and Cu are done by Induction Coupled Plasma (ICP) at ALS Chemex.
Quality Control
The quality assurance-quality control (QA-QC) of Dia Bras has been described in detail in both RPA's NI 43-101 reports of December, 2006, at Cusi and October, 2005, for Bolivar.
The technical content of this news release has been approved by Thomas L. Robyn, Ph.D., CPG, RPG, a Director of Dia Bras, a Qualified Person as defined in NI 43-101.
About Dia Bras
Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua, in Northern Mexico. The Company is committed to developing and adding value to its assets - the Bolivar Property and the Cusi Property. The Company's shares trade on the TSX Venture Exchange under the symbol "DIB".
For further information on Dia Bras Exploration Inc. visit
www.diabras.com.
Forward-looking Statements
Except for statements of historical fact all statements in this news release without limitation regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts: Dia Bras Exploration Inc. Daniel Tellechea President & CEO 1-866-493-9646 Dia Bras Exploration Inc. Karl J. Boltz Vice President, Corporate Development 1-866-493-9646
SOURCE: Dia Bras Exploration Inc.
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