Business

DSCR Announces Site Survey Update for War Eagle Mountain Mining Plan

DSCR Announces Site Survey Update for War Eagle Mountain Mining Plan.

articleDiscovery Minerals Ltd.May 2, 20194/company/discovery-minerals/news/dscr-announces-site-survey-update-for-war-eagle-mountain-mining-plan
DSCR Announces Site Survey Update for War Eagle Mountain Mining Plan

About this update from Discovery Minerals Ltd.

[{"type":"text","content":"\nNew findings from Independent Geologist Site Survey and Report state a conservative gold grade for Orofino Trench at 15gr per ton, revised from previous estimate of 10g per ton.  Existing tailings have been estimated at 7g per ton.\n Arizona, May 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Discovery Minerals Ltd (Pink Sheets:DSCR) is an acquisition and development Company that targets natural resource properties primarily in precious metals and mining operations.  Discovery Minerals is pleased to announce an update from the Board of Directors and CEO for the War Eagle Mountain.  Russell Smith, CEO, led a team completing a two-week site visit and survey from late March to early April 2019.  The Company engaged Geoff Boswell of Underhill Associates an independent geologist to review findings and prepare an updated report. This is an important step in the process to finish the comprehensive survey to begin mining operations on the Orofino Trench.  The survey team also included Scott Barry, a Metallurgist and Milling Engineer in the project, Mr. Girvan Jackson, the Project Manager, and Mr. Bill Earl, Joint Venture Partner as well as other Company personnel. Mr. Boswell stated in his report: Geological Model of War Eagle Mountain:  War Eagle Mountain is located in southwest Idaho’s Silver City district…Approximately 60 million years ago during the Laramide orogeny, subduction of thickened oceanic crust from the west under the North American continent was flattened due to the subducted crusts’ thickening and buoyancy and as a result, magmatism and volcanic mountain building due to the subduction occurred much further inland than to be expected normally.   The subducted crust was naturally metal enriched and devolatilization of the surface of the subducted crust created an H2O, Alkali, CO2, Sulphur, metals and metalloids enriched melt within the shallow mantle. These are all necessary precursors for high grade gold and silver emplacement higher in the crust. Mining and Treatment program in 2019 1.    The Orofino trench named in the calculations is the planned trenching of the Orofino vein for 500m at the northern end of its exposure.  It is approximately 1m wide and the excavator will trench to approximately 13m (40 feet) deep after some blasting to br...

More updates from Discovery Minerals Ltd.