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Silver Spruce Reports Results for Northeast Area, 2nd Phase Drill Program Centauro Au/Ag Project, Chihuahua State, Mexico
Silver Spruce Reports Results for Northeast Area, 2nd Phase Drill Program Centauro Au/Ag Project...
About this update from Silver Spruce Resources Inc.
[{"type":"text","content":"\nSilver Spruce Reports Results for Northeast Area, 2nd Phase Drill Program Centauro Au/Ag Project, Chihuahua State, Mexico\n\n\n Feb. 23, 2010 (TheNewswire.ca) -- Highlights- wide zone (> 30 m) of anomalous gold (> 200 ppb) and silver (> 5 ppm) values with associated highly anomalous mercury, arsenic and antimony- silicification, argillic alteration and decalcification of the rock units- mercury values indicate upper part of epithermal system with potential bonanza type mineralization at depthFebruary 23, 2010 - Bridgewater, NS - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to provide the diamond drilling results for the area to the northeast of the Centauro mesa, drilled as part of the 2nd Phase drill program carried out in August and September 2009. Two areas were drilled to the north of Centauro mesa in the Line 6 area, where strong quartz veining carrying arsenic and antimony mineralization is noted and to the northeast of the mesa, where the extensive silica breccia zones are found and where the gold/silver values in CEN-08-10 were located in the 2008 drilling program.Results of the 2008 drilling (3,960 meters in 14 holes - CEN-08-1 to 14) which tested the alteration zone over a 2.3 kilometer strike length and 1 kilometer width were reported in late 2008 and early 2009 (news releases - Oct. 7 and Dec. 9, 2008 and Jan. 20, 2009). The highlight was a gold/silver intersection of 7.5 m at 1.93 g/t Au and 64 g/t Ag at the top of hole CEN-08-10, in a 92.1 meter zone, from 3 to 95.1 m, which assayed 237 ppb Au and 8.4 g/t Ag. The hole collared in mineralization so the full width of the intersection remains unknown as does its orientation and true width. Acanthite, a silver-bearing mineral, and native gold were identified with the gold / silver values associated with strong silicification in the silicified breccia which appears to be dipping to the east / northeast, basinward.A total of 1,864.5 meters were drilled in the 2009 program, 705 in six drill holes (CEN-09-15,16,16A,17,18,19) in the north on Line 6 and 1,159.5 in nine holes (CEN-09-20,21,22,23,24,25,26,26A,27) in the northeast area.Northeast AreaHoles CEN-09-20, 21, and 24 were drilled at 500 m intervals to the east of the auriferous zone in CEN-08-10 to test the eastern extension of the large alteration zone in the alluvium-covered valley. Holes 20 and 21 intersec...