Silver Predator Announces Initial 2011 Exploration Program Results for Taylor Silver Deposit, Ely, Nevada

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[{"type":"text","content":"\n\n\n Jul. 5, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX: SPD \nwww.silverpredator.com\n\n\nVANCOUVER, July 5, 2011 /CNW/ - Silver Predator Corp. (TSX: SPD) (the "Company") announces the initial results of its\n thirty-five hole drill program at the Taylor Project, located in White\n Pine County, Nevada. A total of 3,594 m of angled RC holes were drilled\n to both infill and expand the existing defined resource, as well as\n test for higher-grade silver along near vertical veins beneath the\n disseminated silver deposit. Highlights from the first twenty-five\n holes (see table below) include SPT11-004 averaging 37 g/t silver over\n 36.6 m, SPT11-017 assaying 35.3 g/t silver over 27.4 m, SPT11-001\n averaging 57.8 g/t silver over 18.3 m, and SPT11-015 assaying 67 g/t\n silver over 13.7 m.\n\n\nOverview of the Taylor Project\n\n\nThe Taylor silver deposit is an epithermal, high-silica, low-sulfide\n replacement deposit hosted by folded and faulted Devonian carbonate\n rocks of the Pilot Shale, Guilamette, and Joana formations intruded by\n Tertiary rhyolite dikes and sills. The Taylor property includes a\n National Instrument 43-101 compliant resource consisting of 1,123,000\n tonnes of 85.71 g/t silver measured mineral resource, and 4,712,000\n tonnes of 77.83 g/t Ag indicated mineral resource totalling 14.9\n million ounces contained silver; along with an additional 1.9 million\n ounces silver from an inferred mineral resource of 687,000 tonnes\n grading 87....

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