Business
Santacruz Silver Discovers Mineralized Vein Cross Cutting Membrillo Structure
Santacruz Silver Discovers Mineralized Vein Cross Cutting Membrillo Structure Cana...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"\n\n\n\nSantacruz Silver Discovers Mineralized Vein Cross Cutting Membrillo Structure\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 19, 2017\n\n\n\nTSX.V: SCZFSE: 1SZ \n\n\n\nVANCOUVER, June 19, 2017 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the \"Company\" or \"Santacruz\") reports that further to the Company's press release of May 29, 2017 wherein it announced that it had acquired an exclusive five year right to explore, develop and mine the Membrillo silver-zinc-lead-gold vein structure (the \"Membrillo Prospect\") located approximately four km from the Company's Rosario Project mill facility located near Charcas, San Luis Potosi, Mexico, Santacruz provides the following update.  \n\n\n \n \n\n \nSantacruz's mining activities at the Membrillo Prospect have been focused on drifting to access the Membrillo vein that generally strikes NW-SE and dips approximately 45 to 60 degrees to the southwest.  This underground development has intersected a previously unknown E-W striking vein structure that dips approximately 50 to 52 degrees to the Southwest and is infilled by quartz, carbonate and sulfide minerals. This previously unknown vein is now known as the San Rafael vein.  To date the Company has completed approximately 68 meters of drifting on Level 1 along the San Rafael vein where the true width of the vein is approximately 0.50 to 1.6 meters wide. \n\nTo date the Company has received assay results for 41 chip samples completed across the San Rafael vein on Level 1. Within the first 33 meters of Level 1, 26 chip samples returned assay results of trace-0.64 grams per tonne gold, trace-154.29 grams per tonne silver, 0.03-0.94 percent lead, and 0.28-24.65 percent zinc over sampling widths of 0.5-4.20 meters. This is followed by 35 meters of higher grade mineralization where 15 chip samples returned assay results of 0.28-1.44 grams per tonne gold, 55.26-770.54 grams per tonne silver, 0.12-15.92 percent lead and 4.23-20.09 percent zinc over sampling widths of 0.5-1.60 meters. \n\nA review of available explorati...