EXPLORATION & DEVELOPMENT

SilverCrest's satisfying silver samples

SilverCrest Metals (CN:SIL) has confirmed some of the historic promise at its Las Chispas project as it moves towards a maiden resource.

Staff reporter
 SilverCrest is carrying out drilling from surface and underground at Las Chispas in Mexico

SilverCrest is carrying out drilling from surface and underground at Las Chispas in Mexico

Canadian explorer SilverCrest is channel sampling high-grade areas in the rehabilitated historic workings at the Mexican mine. Results released this week include samples of 6.4m at 6.28g/t gold and 857g/t silver and 3.8m at 8.05g/t gold and 847g/t silver. 
 
SilverCrest highlighted a composite sample of 35m along strike with true thickness of 5m at 4.9g/t gold and 632g/t silver. 
 
The explorer says historical production records at Las Chispas suggests an average grade of 15g/t gold and 1,700g/t silver. 
 
SilverCrest is now 25,000m into a 29,000m drill programme at the old mine. 
 
Its maiden resource at the project was expected by the end of the year but SilverCrest has pushed that back to the March quarter. 

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