GREY:VITFF - Post by User
Comment by
slamdunkon Jun 20, 2021 8:26am
145 Views
Post# 33417672
RE:Exploration-22rigs and 68 million budget in 2021 -
RE:Exploration-22rigs and 68 million budget in 2021 -slamdunk wrote: OCD-said Raven would dwarf Silvertips and Crowns 4th month drill results.The Souther Silver Zone envelops the manto style 65 Zone and has a depth of over 300meters after adding a 55m wide massive sulfide the new geometry a vertical breccia karst controlled and possible feeder system leading to further vertical formation.CRD deposits can get real big and real rich
This coming after last years record 60 million in 2020.. gold and silver reserves grew 22% and 42% net of depletion companywide ater strong double digit results from Pamarejo and Rochestor.
Silvertip grew its resource in M&I silver zinc lead by 50% 45%and 50% inferred grew 46% 69% and 37%..
Year end gold reserves 3.1 million ounces and silver 259 million.
Gold in M&I 3.1 million and Silver 255million
Inferred gold was 2.8 million and silver 105 million.
At Palmerejo 90 holes over two years intecepted significant above cutoff grades..
The highest grade -thickness veins found over the last two years of expansion program.
.
The Sterling/crown deposits Nevada heap leach ,open pit high grade is also run of mine and in 2months leaches at 88% thats a microwave sixe backed up with 2 year production by Imperial.A million oz n43-101 with thre deposits in crown and 4th just discovered and the 5th the Sterling mine in south highest grade oxide in Nevada. This 143 sq mile land package is known for some very large deposits-Drilling is Corvus Anglo Ashani American,kinross,Waterton,.Coeur hold dominant position,permitted past producing only two years and ability to have leach pads serving 4 deposits in Crown ,Sterling has existing heap leach infrastructure..
The Crown and Silvertip will have year round production,Crown ease and costs being run of mine fast leach and 88% make this a totally different animal and it is already permited for production..Cost under 100million.