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Cyprium Mining Corporation V.CUG.H

"Cyprium Mining Corp is a Canada-based company. It acquires, operates and develops past producing mines located in Mexico. It produces zinc and lead from ore purchased from local Mexican miners which are processed at a processing plant, in which the company has an exclusivity right, and derives all its sales from Mexico. The company also holds interests in mineral properties in Mexico and Canada that are not in commercial production and are currently at the exploration stage. The exploration pro


TSXV:CUG.H - Post by User

Bullboard Posts
Comment by bullorbear22on Aug 27, 2016 10:46am
107 Views
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.


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