TSXV:CUG.H - Post by User
Comment by
bullorbear22on Aug 27, 2016 10:46am
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Post# 25183189
RE:Solid day
RE:Solid day Mr. Alain Lambert, Chairman and CEO of Cyprium commented: "The three areas where we are currently focusing our exploration efforts inside the mine are the Tunel body at level 2 to 4, the oxide zinc body on level 14 and the sulfide mineralization in the Santo Domingo body, also known as Main Silicate body. The Santo Domingo body, which was partly mined in the past on levels 6, 9, 10 and 11, assumes top priority in terms of evaluation and preparations for exploitation."
Results of sampling from the Santo Domingo body taken during the due diligence period prior to the acquisition of a controlling interest in the Company's Potosi joint venture, were previously announced and showed significant silver, lead and zinc values (see News Releases of August 12th and September 3rd, 2015) as summarized in the table below.
AREA | SAMPLES | Width | Ag g/t | Pb% | Zn % | Fe% | Mn% |
Level 6 | 3 | 1.53 | 733 | 1.1 | 0.5 | 7.78 | 1.31 |
Level 9 | 10 | 1.12 | 246 | 4.3 | 4.3 | 2.97 | 1.18 |
Level 10 | 15 | 1.16 | 78 | 3.3 | 4.1 | 8.39 | 0.61 |
Level 11 | 9 | 1.84 | 45.5 | 2.0 | 4.1 | 2.76 | 0.11 |
Weighted averages for samples from the Santo Domingo body and released previously as indicated in text. |