Sabina Silver wurde heute in das Langfrist Depot von PSR aufgenommen, genauso wie vorher Blue Pearl und Globex Mining;hier die heute erschienenen News die m.E. sehr gut sind:
Sabina and Teuton Drilling at Del Norte Hits High Grade Silver and a New Zone With Broad Widths of Gold Mineralization at "3 Oz Vein"
12/14/2006
THUNDER BAY, ON, Dec 14, 2006 (MARKET WIRE via COMTEX News Network) --
SABINA SILVER CORPORATION (TSX-V: SBB) is pleased to announce results from a total of 3,060 m (10,038 ft) of recent drilling on the Del Norte project in the Stewart-Eskay Creek Mining District, British Columbia, Canada.
Highlights include:
* High-grade gold and silver values of up to 26.54 g/tonne gold (0.77 oz/ton) and 1,208 g/tonne silver (35.2 oz/ton) over 1.0m at depth on the new SP Vein.
* High-grade gold values of up to 26.77 g/tonne gold (0.78 oz/ton) over 0.70m within a broad interval of gold mineralization grading 2.52 g/tonne gold (0.07 oz/ton) over 32.40 meters in a new area in the southern portion of the Property historically called the "3 Oz Vein" showing.
The high-grade gold and silver values from the SP Vein are from an intersection located approximately 75m below surface where grab sample values of up to 3,910 g/t silver (114 oz/ton) and 19.5 g/t gold (0.57 oz/ton) were discovered this past summer (August 29, 2006).
The three holes drilled on the "3 Oz Vein" tested the vein/shear zone over a vertical distance of approximately 300 m on one section. True thickness of the "3 Oz Vein" is estimated to be approximately 29 m (95 feet). Surface samples from the "3 Oz Vein" returned values of up to 29.65 g/t gold (0.86 oz/ton). High-grade surface samples and the presence of high-grade gold values in Hole SDN-06-02 warrant additional exploration along this robust vein/shear zone which is open to the north and south and to depth.
Two current holes designed to test southward continuity of high grade silver and gold values in the LG Vein-K Zone area structure encountered last year in Hole 2005-02 were abandoned before reaching target depth due to complications arising from the glacier-borne drilling platform. The high-grade zone (114 oz/ton silver and 2.0 oz/ton gold over 2.8ft; reported November 21, 2005) remains to be tested further in a Future exploration program.
Final 2006 drill results are presented in Table 1.
Table 1: Assay Results from 2006 Drilling at the Del Norte Project, British Columbia
-***-
--------------------------------------------------Hole True(SDN-) Zone From (m) To Interval Gold(g/t) Silver Width (m) (m) (g/t) Factor--------------------------------------------------06-01 EM Conductor NC--------------------------------------------------06-02 3 Oz Vn 78.33 126.01 47.68 1.77 10.4 .90-------------------------------------------------- incl 92.05 124.45 32.40 2.52 12.5-------------------------------------------------- incl 123.00 124.45 1.45 20.70 86.4-------------------------------------------------- incl 123.00 123.70 0.70 26.77 92.7--------------------------------------------------06-03 3 Oz Vn 75.29 153.60 79.24 0.68 2.6 .74-------------------------------------------------- incl 108.81 153.60 44.79 0.97 4.1-------------------------------------------------- incl 108.81 124.05 15.24 1.48 2.5-------------------------------------------------- incl 122.53 124.05 1.52 4.30 2.4--------------------------------------------------06-04 3 Oz Vn 85.50 243.68 158.18 0.44 3.5 .54-------------------------------------------------- containing 135.94 242.50 106.56 0.61 4.9-------------------------------------------------- and 151.49 157.58 6.09 1.67 5.4--------------------------------------------------06-05 LG Vein 79.70 83.60 3.90 0.43 0.5 u/k-------------------------------------------------- and 194.46 195.95 1.49 1.35 57.8-------------------------------------------------- and 231.82 233.65 1.83 0.86 94.4--------------------------------------------------06-06 LG Vein NC--------------------------------------------------06-07 LG Vein 39.00 51.70 12.70 0.17 1.5 u/k-------------------------------------------------- and 199.89 200.25 0.36 6.81 372.0-------------------------------------------------- and 264.45 267.15 2.70 0.43 6.0-------------------------------------------------- and 280.95 288.50 7.55 0.47 13.7--------------------------------------------------06-08 LG Vein 133.20 134.85 1.65 0.52 1.9 u/k--------------------------------------------------06-09 K-Zone NC--------------------------------------------------06-10 K-Zone 175.70 176.70 1.00 0.62 131.0 u/k-------------------------------------------------- and 200.25 201.65 1.40 0.76 30.2--------------------------------------------------06-11 SP Vein 73.25 77.30 4.05 7.22 305.4 .53-------------------------------------------------- incl 76.30 77.30 1.00 26.54 1208.0--------------------------------------------------06-12 SP Vein 135.20 143.80 8.60 0.90 14.6 .24-------------------------------------------------- incl 138.83 142.80 3.97 1.35 20.7--------------------------------------------------06-13 HG Zone NC--------------------------------------------------06-14 HG Zone NSV--------------------------------------------------06-15 HG Zone NC
-****-
NC - Not completed; abandoned due to technical issues; NSV - no significant values; blank; u/k - unknown
Establishing a continuum between silver and gold-rich vein breccia type mineralization at Del Norte and precious metal-enriched exhalative mineralization typifying the Eskay Creek Deposit remains a priority for a 2007 exploration program at Del Norte.
Harvey Klatt, P.Geo. is the Qualified Person for Sabina Silver Corporation in charge of the 2006 exploration program on the Del Norte property and the application of a series of blanks, standards and duplicates in the sample stream as part of comprehensive quality assurance/quality control (Qa/Qc) standards. Mr. Klatt has reviewed the technical data contained herein and approved its dissemination in this news release. Pioneer Laboratories of Richmond, B.C., an accredited facility, assayed the Del Norte core.
The 2006 exploration program at Del Norte was funded by Sabina according to terms of an option agreement with Teuton Resources Corp. (TSX-V: TUO) whereby Sabina Silver can earn up to a 65% interest by spending $2.5 million on the property over four years and taking the project to a feasibility study.
Sabina Silver Corporation is a Canadian public mineral exploration and development company with assets at the Hackett River silver-zinc project in the Canadian Arctic, the Del Norte project in the Stewart-Eskay Creek Mining District, and several projects in the Red Lake gold camp.
ON BEHALF OF THE BOARD OF DIRECTORS
"Abraham Drost", P.Geo. President/Director
Note : * conversion of g/t (metric tonnes) x 0.029166 = oz/t (short tons)
The foregoing securities have not been, nor are there any current plans to register said securities under the United States Securities Act of 1933, as amended, and these securities may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation or sale would be unlawful.
Sabina Silver Corporation does have a Moody\'s/Mergent Manual ("Blue Sky") exemption allowing distribution without registration in 39 states for secondary trading transactions only. Always consult a Registered Investment Advisor.
This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management\'s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may," "will," "plan," "expect," "anticipate," "estimate," "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. Sabina Silver Corporation does have an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange does not accept responsibility for the accuracy or the adequacy of this release.
Distributed by Filing Services Canada and retransmitted by Market Wire
For further information, please contact: Abraham Drost 401-1113 Jade Court Thunder Bay, Ontario Phone: 807-766-1799 Fax: 807-345-0284 Email: Contact via http://www.marketwire.com/mw/emailpr...3C6E0AA9CC1070 Please visit our web site at www.sabinasilver.com
SOURCE: Sabina Silver Corporation
http://www.sabinasilver.com
|
Thread abonnieren
10 - Acquisition in the public market
ETF-Sparplan