Exploration drilling will also be placed on the company's new projects including the property and the Parral project. Management's goal is to add at least 20 million oz of new silver resources through exploration in 2007.
October 24, 2006
Updated historic exploration performed in recent years. The SGM conducted systematic geological mapping, 38 surface trenches totaling 1200 m3 and 10 diamond drill holes totaling 789 m of core. As a result, the SGM calculated a 16.0 million oz silver resource contained in 0.84 million tonnes (indicated) grading 206 gpt silver
(6.0 oz per ton Ag) and 1.51 million tonnes (inferred) grading 215 gpt silver (6.3 oz per ton).
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