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SilverCrest Mines Inc SVLC



NYSEAM:SVLC - Post by User

Post by NaturalResourceon Sep 28, 2012 12:07pm
346 Views
Post# 20424866

"This is considered a new discovery at La Joya"

"This is considered a new discovery at La Joya"

OK, so far it hasn't been mentioned. I researched TUNGTEN, just off all time highs, in demand and China started to restrict exports. I was astounded at its uses and its price is more than Nixkel, MOLY, Cobalt...wait, here, take a look

https://www.infomine.com/investment/metal-prices/ferro-tungsten/




Silver equivalency includes silver, gold and copper andexcludes lead, zinc, molybdenum, tin and tungsten values. Ag:Au is 50:1, Ag:Cu is 86:1, based on 5 year historic metal price trends of US$24/oz silver, US$1200/oz gold, US$3/lb copper. 100% metallurgical recovery is assumed. All numbers are rounded. Intervals are sampled or drilled widths. True thicknesses of mineralized intercepts can be approximated from cross sections of previously announced drill holes in associated areas.

Tungsten mineralization adjacent to the intrusive(s) is found in virtually all the holes drilled to date.

The Contact Zone is considered a "potential large bulk tonnage tungsten target"which will be presented in the next resource estimation due in Q4 2012.

Continuous channel sampling along new access roads shows tungsten mineralization up to 305 metres grading 0.063% W03 with anomalous grades of Au, Cu, Ag (see Table below and attached Figure).

Contact Zone shows consistent intercepts of wide-spread tungsten (W03)

Hole L J DD12-74 was drilled on the Santo Nino Target approximately 1 kilometre east of the Trend and intercepted 35.2 metres of massive and semi-massive sulphides grading 52.2 gpt Ag, 0.05 gpt Au and 1.6% Cu with 0.037% W03.

This is considered a new discovery at La Joya.

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