Business
Smartstox.com Spotlights Exploration Developments at Cream Minerals and Klondike Silver
Smartstox.com Spotlights Exploration Developments at Cream Minerals and Klondike Silver
About this update from Klondike Silver Corp.
[{"type":"text","content":"\nSmartstox.com Spotlights Exploration Developments at Cream Minerals and Klondike Silver\n\n\n Sep. 17, 2009 (Baystreet.ca) -- Vancouver, British Columbia, Sept. 17, 2009 – The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to the significant developments at the Smartstox-profiled companies Cream Minerals Ltd. (TSX VENTURE: CMA) and Klondike Silver Corp. (TSX VENTURE: KS).\nCream Minerals Ltd. (TSX VENTURE: CMA) optioned their 100% owned Nuevo Milenio Gold/Silver Project earlier this summer to noted junior mine operator Roca Mines. Roca is spending $US12 million on exploration over a four year period to earn up to 70% in the project. \nLast week Roca announced it had completed a geological project review and program-planning visit to the project, which lies 27 km by road from Tepic, the capital city of Nayarit State, Mexico. The property wide review highlights the untested exploration potential of numerous targets not included in the current resource estimate which field work by Cream indicates may extend over a five kilometre length.\nThe geological team recommends a new diamond drill program be undertaken to provide confirmation of selected drill holes for direct comparison to grades in zones of known poor recovery. Improved drilling techniques should enhance core recovery and capture previously unrecorded free gold and silver, possibly resulting in much improved drill assay results. \nMichael O'Connor, president of Cream Minerals, told Smartstox much more about the Nuevo Milenio project and the company’s new option partner in our Smartstox interview available at http://www.smartstox.com/interviews/cma.\nKlondike Silver Corp. (TSX VENTURE: KS) recently reported that initial underground diamond drilling west of the past-producing Silvana Mine has revealed the presence of a favorable structure with similar geological characteristics to the historic \"Main Lode\" structure. The Main Lode structure was the principal source of silver/lead/zinc production in the prolific Sandon Silver Camp of south-central British Columbia. The Silvana Mine produced approximately 8 million ounces of silver and more than 30,000 tons each of lead and zinc from a 1.5-kilometer section of the Main Lode under Silver Ridge. Drilling will now focus on testing the newly discovered structure for the pr...