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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Comment by goodheart-ron Jun 19, 2019 12:06pm
110 Views
Post# 29840309

RE:cores

RE:coresLike I said. Here are some of the newest drill core results. by @nasdaq on 19 Jun 2019, 08:23 Sabina Gold & Silver Reports Initial Results From Spring Drill Program VANCOUVER, British Columbia, June 19, 2019 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp (SBB:T SGSVF:OTCQX), (Sabina or the Company) is pleased to announce initial results from this year's Spring exploration diamond drilling program at its 100% owned Back River Gold Project in Nunavut, Canada. The 2019 Spring exploration drill program of approximately 6,400 meters in 8 drill holes at three target areas was recently completed at the Goose property. Drilling targets included the new discovery area at Nuvuyak/Hook, high-grade optimization opportunities up plunge from the Vault zone at the Umwelt underground and continued scoping at the Llama Extension zone. Drill hole 19GSE569 located approximately 180 meters up plunge from the Umwelt Vault zone, returned 14.97 g/t Au over 21.75m including 28.94 g/t Au over 5.20m. The purpose of this hole was to build on previous high-grade results (including Vault) by continuing to demonstrate continuity within a high-grade corridor in the Umwelt underground. Additional opportunity remains up and down plunge for further optimization. A high-grade corridor at Umwelt underground could provide opportunities to positively impact mine economics. See Figure 1 for a set of images illustrating the high-grade corridor, and Table 2 for a list of recent drilling values. Bruce McLeod, President and CEO states, The presence of a significant high-grade core within the Umwelt underground could provide opportunities for early advancement of underground resource extraction that could have positive impacts on the economics of the project. This scenario would require further definition drilling and studies however, these results continue to improve our confidence in this robust underground zone. We believe our exploration programs over the last three years at Back River have been important to the project. At the Goose project, our work has continued to add value by providing better confidence in our geological models and understanding of our deposits as well as identifying areas of opportunity to enhance future mine plans. Additionally, our regional work has continued to demonstrate how important Back River is as a district which we believe will be a multi-generational mining camp. Table 1.0 Table of Significant Drill Intersections from Drill Hole 19GSE569 Hole Id Area Azimuth/ Dip Easting UTM Northing UTM Depth (m) From (m) To (m) Length (m) Au (g/t) Lithology 19GSE569 UM 226/-68 430444 7270638 569 Assays Pending 422.25 422.75 0.50 5.65 Iron Formation 430.35 431.15 0.80 1.75 Iron Formation Assays Pending 452.40 453.20 0.80 3.99 Iron Formation Assays Pending 486.35 487.15 0.80 6.40 Iron Formation 511.7 515 3.3 1.56 Iron Formation 518.65 540.40 21.75 14.97 Iron Formation incl. 523.90 526.20 2.30 27.68 Iron Formation and 529.25 530.40 1.15 40.05 Iron Formation and 532.25 537.45 5.20 28.94 Iron Formation incl. 532.25 534.35 2.10 41.07 Iron Formation 546.00 547.00 1.00 3.79 Greywacke Assays Pending **True widths of the intercepts reported are unknown at this time. Umwelt Deposit - Vault Zone The Umwelt Deposit currently hosts 9,050,000 tonnes of 6.99 g/t Au for 2,034,000 ounces of Measured and Indicated resources, as well as 1,909,000 tonnes of 11.01 g/t Au for 676,000 ounces of Inferred resources. Portions of these resources are included in the current feasibility study for both open pit and underground development. The objective of Umwelt underground/Vault drilling program is to target a particularly robust core of the Umwelt Deposit where exceptional grades and thicknesses of mineralized iron formation occur. Holes drilled within the Vault zone to date are recognized as some of the highest-grade/thickness drill intercepts ever drilled at Back River. During the spring drilling program hole 19GSE569 targeted an area up-plunge from the high-grade Vault zone identified as having strong synergies for a similar higher grade and width resource setting. The initial hole targeting this area successfully returned an intercept of 14.97 g/t Au over 21.75m providing an additional nucleus for high grade expansion and continuity within the trend. Table 2.0 Table of Recent High-Grade Drilling Intersections at Vault and Up-Plunge Selected High Grade Near Vault DDH Interval Gram Metres Location 18GSE532 8.38 g/t over 11.45m 96 Up plunge 17GSE523B 9.00 g/t over 28.7m 258 Vault 17GSE511B 16.86 g/t over 13.5m 228 Vault 17GSE517 5.99 g/t over 33.25m 199 Vault 17GSE522B 8.65 g/t over 31.9m 276 Vault Additional Drilling Results Remaining results from the Spring drilling program will be released once received and compiled. Current turn around time from the assay laboratory is upward of 6 weeks.
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