RE:RE:The Next Silver Elephant?next 1-3 weeks will be very interesting
pending news to assays:
- from Triunfo
"Several dozen chip samples were taken from the surface and tunnels at Triunfo. Those samples have already been delivered to ALS laboratory in Oruro Bolivia, with gold assay results expected in late July, 2020".
- drill resullts from Pulacayo, high grade area
("Separately, the company reports that it expects to receive assay results later this month from two infill drill holes completed within the Pulacayo resource in February, 2020").
- resources update ( Pulacayo/Paca) , expected in early August
"During this time of rising silver prices, we have engaged Mercator Geological Services to update Pulacayo-Paca resources using a lower cut-off, and examining the possibility to upgrade a portion of Paca resource to a Measure and Indicated category. Mercator previously used cutoff grades of 200 g/t AgEq (surface) for Paca and 400 g/t AgEq (UG) for Pulacayo, optimized for lower silver prices. Many silver junior companies are now using cutoff grades of 50g/t Ag for a pit constrained resource and 200g/t Ag for underground resource. This update will enable the market to have a fair comparison of our project to our industry peers"