RE: Initial Surface Drill Results Intersect High G I don't know about you guys, but I'm always struggling to see where these places are on a map!
At the Silvermex site, under the La Guitarra project heading, is a map identified as
https://silvermexresources.com/i/maps/LaGuitarra-5.jpg
I tried annotating that and including it here, but couldn't manage to do that! Da-- nuisance!
However, if you take a look at it, you will see the Nazareno area clearly marked. Also, note the scale of the map - there's a small scale at the bottom showing 2km.
Well, from what I can deduce, these drilling results are from about 500m north east of Nazareno, That places the site just over that first vein line north of Nazareno.
There are three potential veins or areas in this particular part of the property, and they seem to be where the Company is placing its bets. From my initial look at those drill results, it would seem that each of those three veins could possibly deliver as much as they are mining right now! Okay, it's just guesswork, I agree, but perhaps all this poring over of past records etc by their enlarged (last year) geologist team is beginning to show results.
My goodness! Then they'd have to pull their mine expansion plans out of the drawer and start working on an expansion. That is, if they haven't already started!. A little bit here and a little bit there, and pretty soon you can increase the mill throughput without starting from scratch. That's what has happened at Rosario, and perhaps it could happen here.
I'm very impressed with the fact that they aren't running to the market for more money all the time, and seem determined to pay their way in cash. It's a bit like my image of the Chinese: always cash, never a credit card!
And, isn't the presence of gold encouraging, too!
Sunwood