Gold
History Price
World Silver
Price
Silver History Price
World
Platinum Price
Platinum History Price
Featured Item
SILVER MINING
Impact Silver continues to find new silver
Article # : silver181
Impact Silver continues to find new silver/gold areas at Zacualpan
Exploration at Impact Silver's operations at Zacualpan in Mexico continues to define new veins with very promising silver and gold values.
Author: Lawrence Williams
Posted: Thursday , 28 May 2009
LONDON -
Impact Silver, with an existing profitable silver mining operation near Zacualpan in Mexico has huge ground holdings in the area which it is exploring systematically. It is a historic mining area dating back to the Conquistadores, about 3 hours drive northwest from Mexico City. The area is littered with old mining operations, but miners historically went for what was then high grade material and there is plenty seemingly worth mining nowadays in the old mines, while modern exploration is exposing new unworked veins across a huge area.
The latest discoveries are in the Nido de Oro area, only 4.5 km from the company's Guadalupe mine processing plant on what is known as the Horqueta vein which has been traced on surface for 1.9 km while a series of southwesterly dipping veins, including the Armadillo and Nido de Oro Veins, have been found 50 m to the west.
Surface samples from hand trenching of the Horqueta Vein over a 550 m length have returned values up to 639 g/t silver and 0.5 g/t gold over a 0.9 m width. The Armadillo vein has been mapped and sampled in historic underground workings over a 100 m strike length and has returned values up to 679 g/t Ag and 1.4 g/t gold over a width of 0.5 m. The Horqueta Vein mineralisation is open for expansion to the north and additional drill pads have been constructed for further drilling.
The first drill hole on the area is very promising including a 6.5 m intersection (true width 5m) grading 227.8 g/t silver, 2.2 g/t gold, 1.18% lead and 3.71% zinc including a 2m true width section running at 342.9 g/t silver, 5.22 g/t gold, 1.24% lead and 4.08% zinc.
Meanwhile at the Las Aguilas area, located 4.2 km southwest of the Guadalupe plant, which is host to a series of southwesterly dipping veins that are partially exposed in historic underground workings and in outcrops, rock chip samples have returned up to 287 g/t silver and 3.25 g/t gold.
source: mineweb.com