Agave Silver Corp. CRMXF

News

[Wartberger]

Agave Silver files technical report on Kaslo property

2014-04-30 17:29 ET - News Release

Mr. Ronald Lang reports

AGAVE SILVER FILES TECHNICAL REPORT ON KASLO SILVER PROPERTY

Agave Silver Corp. has filed an NI 43-101 technical report on the Kaslo property, Slocan mining camp, British Columbia, on the company's 100-per-cent owned Kaslo silver property in Southern British Columbia, Canada. The Kaslo property of Agave covers seven past producing mines in a horizon over 14 kilometres long, folded around the Keen Creek syncline. Mining only reached a depth of 250 metres at the one deposit, the Cork-Province; in the other mines the depth of mining is less than 90 metres. None has been investigated or mined since Cork-Province closed in 1966. Exploration drilling in 1997 identified a new zone beyond the limits of historical mining. Exploration in 2013 confirmed the continuity of this mineralized horizon and shows it to be in a silver-lead-zinc sedimentary exhalative, "Sedex," setting similar to the Sullivan mine.

The report on Kaslo has been filed on SEDAR on April 30, 2014, in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Dr. McBride, PEng, of Toronto, Ont., is the independent qualified person within the meaning of National Instrument 43-101 responsible for authoring the report. The technical portions of this news release have been reviewed by Dr. McBride for accuracy to ensure that the disclosure is complete and not misleading.

We seek Safe Harbor.

© 2014 Canjex Publishing Ltd. All rights reserved.

[easycoder]

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[Wartberger]

They will need a lot more. This is just the first project. 

[easycoder]

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[Wartberger]

They going to need lot mre than just $9 million once rolling.  If the project is right, the money will come.

[easycoder]

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[Wartberger]

I am very much aware of the Cream Silver history and it was management who was to blame. Now management put in $1 million of their own money (see last PP all insiders) paid off all the debt, cleaned up the company. R/T and PP, insiders now hold 60% of the stock issued.  They are trying to do it right this time, starting by putting their money where the mouth is. Expect another NR talking

[easycoder]

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[Wartberger]

Yes, I have good contact and sorry to hear you were taken to the cleaners. There could be a massive find but that as you know, will take time. Kaslo is not only about silver, there seems to be also a large zinc lead deposit Teck is interested and it could become an area play. Personally, I don't believe in averaging down except when the company is re-organized and the down side is