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Aftermath Silver's Announces $750,000 Financing; Drilling Plans at San Andres; and Fortymile, Alaska Update

(via Thenewswire.ca) Vancouver, British Columbia / TNW-ACCESSWIRE / September 22, 2014...

articleAftermath Silver Ltd.September 22, 20144/company/aftermath-silver-ltd/news/aftermath-silvers-announces-dollar750000-financing-drilling-plans-at-san-andres-and-fortymile-alaska-update
Aftermath Silver's Announces $750,000 Financing; Drilling Plans at San Andres; and Fortymile, Alaska Update

About this update from Aftermath Silver Ltd.

[{"type":"text","content":"Aftermath Silver's Announces $750,000 Financing; Drilling Plans at San Andres; and Fortymile, Alaska Update(via Thenewswire.ca)\n \n \nVancouver, British Columbia / TNW-ACCESSWIRE / September 22, 2014 / Aftermath Silver Ltd. (the \"Company\" or \"Aftermath Silver\") reports that it will undertake a non-brokered private placement of up to 15,000,000 units at 5 cents per unit with each unit comprising one common share and one common share purchase warrant allowing the purchaser to acquire an additional common share at a price of $0.10 for a period of 2 years. \n\n\n \nThe proceeds of the financing will be used to fund ongoing exploration and development work at the Company's San Andres silver property in Durango, Mexico. This work will include a minimum 2,000 m drill program targeting resource definition of the En Medio vein that was sampled in underground workings this summer (see news release dated July 21st, 2014) as well as additional metallurgical work and engineering studies this year that should allow the Company to determine the viability of a restart of operations in 2015.\n\n\n \nA summary of results from the En Medio underground sampling is presented in the table below:\n\n \n\nSample No.\n\n\n\n\nAg g/t\n\n\n\n\nAu g/t\n\n\n\n\nPb %\n\n\n\n\nZn %\n\n\n\n\nWidth (cm)\n\n\n\n\nDescription\n\n\n \n \n \n \n \n \n \n\n\nA00062130\n\n\n\n\n1181.4\n\n\n\n\n0.524\n\n\n\n\n5.17\n\n\n\n\n2.70\n\n\n\n\n38\n\n\n\n\nEn Medio (vein)\n\n\n\n\nA00062131\n\n\n\n\n2072.4\n\n\n\n\n1.645\n\n\n\n\n9.05\n\n\n\n\n10.10\n\n\n\n\n29\n\n\n\n\nEn Medio (vein)\n\n\n\n\nA00062132\n\n\n\n\n4039.5\n\n\n\n\n1.041\n\n\n\n\n26.40\n\n\n\n\n0.96\n\n\n\n\n32\n\n\n\n\nEn Medio (vein)\n\n\n\n\nA00062133\n\n\n\n\n3600.3\n\n\n\n\n4.721\n\n\n\n\n18.60\n\n\n\n\n7.05\n\n\n\n\n28\n\n\n\n\nEn Medio (vein)\n\n\n\n\nA00062134\n\n\n\n\n3305.9\n\n\n\n\n2.671\n\n\n\n\n12.80\n\n\n\n\n3.81\n\n\n\n\n34\n\n\n\n\nEn Medio (vein)\n\n\n\n\nA00062135\n\n\n\n\n689.0\n\n\n\n\n0.235\n\n\n\n\n2.05\n\n\n\n\n1.66\n\n\n\n\n---\n\n\n\n\nEn Medio (dump)\n\n\n\n\nA00062136\n\n\n\n\n1147.8\n\n\n\n\n0.528\n\n\n\n\n4.77\n\n\n\n\n4.54\n\n\n\n\n---\n\n\n\n\nEn Medio (dump)\n\n\n \n \n \n \n \n \n \n\n\nAverage\n\n\n\n\n2839.9\n\n\n\n\n2.120\n\n\n\n\n14.40\n\n\n\n\n4.92\n\n\n\n\n32\n\n\n\n\n5 In-Situ Vein Samples\n\n\n \n \nIn other news, the Company reports that it has executed a Quitclaim ...

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