Silver Predator Cuts 42.67 m of 100.25 g/t Silver at Taylor Silver Deposit, Ely, Nevada

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[{"type":"text","content":"\n\n\n\n\n\nTSX: SPD www.silverpredator.com\n\n\nVANCOUVER, Aug. 17, 2011 /CNW/ - Silver Predator Corp. (TSX: SPD) (the \"Company\") is pleased to announce results of the final 10 holes from its\n thirty-five hole drill program at the Taylor Project, located in White\n Pine County, Nevada.  A total of 3,528 meters of angled RC holes were\n drilled to test for higher grade feeder veins as well as to expand the\n current mineral resource.\n\n\nSignificant results include:\n\n\nSPT11-027 with 42.67 m of 100.25 g/t silver from a depth of 67.05 m\n\n\nSPT11-031 with 7.62 m of 104.2 g/t silver from a depth of 4.57 m; and\n 6.1 m of 111.75 g/t silver from a depth of 44.19 m\n\n\nSPT11-034 with 27.43 m of 96.5 g/t silver from surface\n\n\nSPT11-035 with 13.72 m of 134.78 g/t silver from a depth of 38.1m\n\n\nA complete table of results and location map can be found on the\n Company's website at (http://www.silverpredator.com/documents/SPD-NR11-09-Taylor-Results-Aug-17-FINAL.pdf).\n\n\nThe Taylor Project\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 NI\n 43-101 compliant resource consisting of 1,123,000 tonnes of 85.71 g/t\n silver measured mineral resource, and 4,712,000 tonnes of 77.83 g/t\n silver indicated mineral resource totalling 14.9 million ounces\n contained silver; along with an additional 1.9 million ounces silver\n from an inferred mineral resource of 687,000 tonnes grading 87.1 g/t\n silver using a 41.1 g/t silver cutoff grade: (Hester, 2010).\n\n\nThe Company's Taylor Project includes rights to a 1,320 ton per day mill\n with flotation and cyanide leach plants, water rights and approximately\n 3,900 acres of mining claims located near Ely, Nevada\n\n\n2011 Drill Program\nThe 2011 drilling program extended stratabound silver mineralization to\n the northeast of the currently defined resource and extended the\n mineralization at depth and along strike in the Bishop and Argus pit\n areas. Notably, holes SPT11-026 and SPT11-027 both bottomed in\n mineralization. The Company plans to remodel the existing data on\n Taylor, to assist in future drill programs with the goal of preparing\n an...

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