RE: RE: new IR, new WebsiteAm I missing something ?
Here is the news release on June 1st from Silver America - Why did Yale not include this in a news release.
Is this not the property they are partnered with ?
Silver America, Inc. to Initiate Second Exploration Phase of High-Grade Silver Guadalupe Property
2010-06-01 09:00 ET - News Release
RENO, NV -- (MARKET WIRE) -- 06/01/10
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Silver America, Inc. (OTCBB: SILA) ("Silver America" and/or "the Company") is pleased to report that the Board of Directors has approved the commencement of the second phase of its strategic field program at the Company's 698.91-acre Guadalupe Property in Zacatecas State, Mexico.
Upon review of the encouraging results announced in our press release dated May 13, 2010, which included bonanza grade silver grades of up to 1,800 g/t and gold grades of up to 5.35 g/t, the company has decided to proceed with the second phase of exploration at the Guadalupe Property. This next phase, which is expected to last 4 to 6 weeks, will consist of geophysics and soil sampling, with approximately 10.6 miles (17 kms) of magnetic and induced polarization surveys, as well as further detailed sampling and mapping of the entire area and workings.
The values encountered on the first phase of exploration, combined with the known depth of the historical workings (350 meters), suggest that these vein systems have the potential to continue to much greater depths, as is the case at the Fresnillo mine (900 vertical meters), the world's richest underground silver mine, located roughly 5 miles to the south of Silver America's property.
"Through this new phase of exploration, we expect to be able to delineate drilling targets for what we anticipate to be a 2,000-meter drilling campaign," said Johannes Petersen, President of Silver America. "Once we complete this phase of exploration, we intend to test the continuation of the known vein systems at depths greater than those of the historic workings, while exploring further any new structures we might identify with the geophysics work."
THE GUADALUPE PROPERTY
The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 5 miles north of the Fresnillo (Proaño) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 6.8 miles to the southwest of Silver America's Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world's highest grade undeveloped silver resources.
The Guadalupe property contains two historically significant mines and is located in one of Mexico's oldest mining districts, roughly 5 miles north of the Fresnillo (Proaño) Mine, the world's richest underground silver mine, operated by Fresnillo plc. Roughly 6.8 miles to the southwest of Silver America's Guadalupe Property is the Juanicipio Joint Venture (JV) between MAG Silver Corp. (MAG) and Fresnillo plc, which is known as one of the world's highest grade undeveloped silver resources.