Drill Results to Remember for Sierra Mojada Here are some of the drill results from Sierra Mojada. Ask yourself if this was any other silver exploeration company today releasing these results would it still be only $40m US market cap?
These are also JUST the Shallow Depth results, there is the intrusion close by and that is what South32 is looking for. It will be hundreds of meters thick. The Shallow deposit is just the overflow from the main ore body.
--------------------Past Drill Results-------------------
At a 25 g/t cutoff grade for the silver, the updated resource represents a 99% increase in the open pittable resource of the Shallow Silver Zone previously reported by Silver Bull's July 2012 NI43-101 Technical Report. Additional data added in this report includes 10,056 meters of surface diamond drilling; 6,647.5 meters of underground diamond drilling completed for the "twinning" program of the historical long hole data set; and approximately 400 new channel samples. With the success of the twinning program in showing an exceptional correlation with the long hole data set, a significant increase in the range of influence of 40,240 meters of long hole data has also been included in the resource estimation. Recent highlight intercepts from the twinning program include:
- 912g/t Silver over 17.6 Meters including 1,927g/t Silver over 3.66 Meters
- 463.55g/t Silver over 15.05 Meters including 1654.92g/t over 3.1 Meters
- 202.7g/t Silver over 42.65 Meters including 878g/t over 3.9 Meters
- 193.38g/t Silver over 43.65 Meters including 440.66g/t over 15 Meters
- 158.9g/t Silver over 30.75 Meters including 2,250g/t over 1 Meter
- 151.6g/t Silver over 57.30 Meters including 600.6g/t over 5.95 Meters
- 19.52% Zinc over 22.85 Meters including 47.59% over 4.4 Meters
- 15.65% Zinc over 43.55 Meters including 20.26% over 14.5 Meters