NEWSYale samples 1.1 m of 1 g/t Au, 946 g/t Ag in Guadalupe
2010-05-13 12:02 ET - News Release
Mr. Ian Foreman reports
YALE SAMPLES BONANZA GRADE SILVER AT GUADALUPE
Yale Resources Ltd.'s first field program, performed on behalf of partner Silver America Inc., at the wholly owned Guadalupe Property located in Zacatecas State, Mexico, has confirmed the project's significant potential by returning bonanza grade silver results.
Highlight results from the program are:
- - 1.00 g/t Au and 946.9 g/t Ag over 1.1m o including 1.83 g/t Au and 1,800.0 g/t Ag over 0.5 m
- - 0.30 g/t Au and 622.0 g/t Ag from a mineralized dump
- - 0.59 g/t Au and 330.0 g/t Ag over 0.7 m
- - 5.35 g/t Au and 1,189.0 g/t Ag from a mineralized dump
These values at surface combined with the known depth of the workings suggest that these vein systems have the potential to continue to much greater depths as is the case at the Fresnillo mine (the world's richest underground silver mine at 900 vertical metres) located approximately 9 km to the south as well as at the Juanicipio Joint Venture (with intervals at a depth of 800 metres) located 11 kilometres to the southwest.