Update on Del Nortehttps://www.sabinasilver.com/prez.htm
President's message
Del Norte
Sabina has an option to earn up to 65% of the Del Norte Silver-Gold Property in the Stewart-Eskay Creek mining district (announced October 3-05). The Eskay Creek-style geological environment shows high grade gold and silver mineralization in a quartz vein breccia in close association with a volcanic-sediment (mudstone) contact. Drill results to date at the Del Norte Project include bonanza precious metal grades of 110oz/ton silver and 2.08oz/ton gold over 2.8ft within a 51 foot mineralized interval grading 0.363 oz/ton gold equivalent (November 21, 2005 press release).
Recent results from the 2006 drilling program confirm the silver and gold rich nature of the mineralizing system at Del Norte. The Eskay Creek geological model continues to bear fruit and generate new targets in the continuum between contact style quartz vein breccia hosted gold and silver mineralization between the black mudstones and the volcanics at Del Norte and numerous conductive exhalites in the black mudstones at Del Norte, one of which is precious metal enriched and forms the main ore body at Eskay Creek. The Eskay Creek Mine (70km northwest) produced over 14 million ounces silver and over 200,000 ounces gold in 2004.