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Oremex Announces Additional Drill Results from San Lucas Drill Program
Oremex Announces Additional Drill Results from San Lucas Drill Program.
About this update from Monarca Minerals Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 16 /CNW/ - Oremex Resources Inc. (TSX-V: ORM) (the\n"Company") announces that it has received additional results from a recently\ncompleted 7,000 metre, 47 hole drill program at its San Lucas Property ("San\nLucas"), Durango, Mexico. The program was designed to test extensions of\nmineralization both down dip and along strike to silver-gold-lead-zinc\nmineralization defined in a 2005 drill program. Of the assays received for the\nbalance of holes, the most significant silver results are contained in reverse\ncirculation drill holes SL-20, 49, 50 and 51 along the main mineralized zone\nas follows:\n\n\n-------------------------------------------------------------------------\n Ag\n (grams Ag\n Interval From-to per (ounces Zn Pb\nDrill Hole (metres) (metres) tonne) per ton) (%) (%)\n-------------------------------------------------------------------------\nSL-20 14 30-44 26.1 0.8 0.4 0.3\n-------------------------------------------------------------------------\n 16 64-80 45.7 1.3 greater than 1.0 0.5\n-------------------------------------------------------------------------\nIncl. 6 64-70 60.9 1.8 greater than 0.7 0.8\n-------------------------------------------------------------------------\nSL-49 16 92-108 81.7 2.4 0.3 0.1\n-------------------------------------------------------------------------\nIncl. 2 94-96 615.6 18.0 0.3 0.1\n-------------------------------------------------------------------------\nSL-50 4 14-18 43.3 1.3 less than 0.1 0.2\n-------------------------------------------------------------------------\n 4 30-34 168.6 4.9 0.2 0.4\n-------------------------------------------------------------------------\n 2 50-52 96.0 2.8 0.4 0.1\n-------------------------------------------------------------------------\nSL-51 4 98-102 37.9 1.1 0.1 0.2\n-------------------------------------------------------------------------\n\n\nCompilation of information from previously mined underground workings\nalong with low grade lead and zinc intercepts in reverse circulation drill\nholes suggest that there is potential for a large, low grade zinc-lead body of\nmineralization below higher grade silver intercepts intersected in near\nsurface drill holes and workings.\n\n\nReverse circulation samples were collected following standard industry\npractice and were analyzed by Inspectorate America C...