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Canucklehead80on Mar 04, 2013 10:58pm
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23 Mineralized Zones
23 Mineralized Zones 23 Mineralized Zones
Golden Tag Tops 200M Silver Oz Indicated and Inferred in Mexico
Kevin Michael Grace
Golden Tag Resources Ltd V.GOG announced February 26 an updated resource estimate of its San Diego Deposit in Durango State, Mexico, a joint venture with Golden Minerals Co T.AUM. Golden Tag is the operator and has the option to increase its ownership to 60% by funding additional exploration on the property.
Indicated resources are 16.5 million tonnes grading 60 grams per tonne silver, 0.08 g/t gold, 0.71% lead, 1.22% zinc and 0.1% copper (105 g/t silver equivalent) for 31.6 million ounces silver (55.5 million ounces AgEq). Inferred resources are 42 million tonnes grading 62 g/t silver, 0.07 g/t gold, 0.9% lead, 1.31% zinc and 0.1% copper (115 g/t AgEq) for 83.8 million ounces silver (160 million ounces AgEq).
CEO David Rigg spoke to Kevin Michael Grace February 26; read the rest of this interview here.