Business

Oceanus Confirms High Grade Gold At the La Lajita Property in Mexico

/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AME...

articleSilver Tiger Metals, Inc.May 8, 20133/company/silver-tiger-metals-inc/news/oceanus-confirms-high-grade-gold-at-the-la-lajita-property-in-mexico
Oceanus Confirms High Grade Gold At the La Lajita Property in Mexico

About this update from Silver Tiger Metals, Inc.

[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE\n UNITED STATES OF AMERICA/\n\n\nHALIFAX, May 8, 2013 /CNW/ - Oceanus Resources Corporation (TSXV: OCN)\n (\"Oceanus\" or the \"Company\") is pleased to announce that initial\n results from underground and surface channel samples collected at the\n Mina la Guadalupe zone on the La Lajita property have returned high\n grade gold over significant widths. Highlighted assay results include\n the following;\n\n\n13.7 g/t gold and 71.5 g/t silver over a length of 26 meters from underground channel SPML-033\n\n\n11.0 g/t gold and 65.1 g/t silver over a length of 13.5 meters from underground channel SPML-023\n\nMina la Guadalupe \n\n\nWork to date has defined the mineralization at the Mina la Guadalupe for\n a strike length of 175 meters and up to 25 meters in width on\n surface. The mineralization is exposed underground for a strike length\n of 105 meters on the 1360 level where historic small scale miners\n drifted on the principle vein / breccia structure. Oceanus intends to\n complete a thorough mapping, sampling and survey of the workings.\n\n\nSignificant results from the underground and surface channel samples at\n Mina la Guadalupe are presented in the following table.\n\nChannel #\n\n\nDescription\n\n\nComment \n\n\nLength* (m)\n\n\nAu (g/t)\n\n\nAg (g/t)\n\n\nEqAu50** (g/t)\n\n\nSPML-021\n\n\nunderground\n\n\n \n\n\n34.0\n\n\n2.37\n\n\n33.9\n\n\n3.05\n\n\nSPML-021\n\n\nunderground\n\n\nincluding\n\n\n12.0\n\n\n4.69\n\n\n41.3\n\n\n5.52\n\n\nSPML-022\n\n\nunderground\n\n\n \n\n\n22.0\n\n\n5.61\n\n\n39.7\n\n\n6.41\n\n\nSPML-022\n\n\nunderground\n\n\nincluding\n\n\n10.0\n\n\n11.86\n\n\n63.8\n\n\n13.13\n\n\nSPML-023\n\n\nunderground\n\n\n \n\n\n13.5\n\n\n11.03\n\n\n65.1\n\n\n12.33\n\n\nSPML-024\n\n\nunderground\n\n\n \n\n\n20.0\n\n\n2.81\n\n\n27.2\n\n\n3.36\n\n\nSPML-024\n\n\nunderground\n\n\nincluding\n\n\n10.0\n\n\n4.38\n\n\n37.8\n\n\n5.13\n\n\nSPML-025\n\n\nunderground\n\n\n \n\n\n20.0\n\n\n2.98\n\n\n24.4\n\n\n3.47\n\n\nSPML-025\n\n\nunderground\n\n\nincluding\n\n\n6.0\n\n\n5.87\n\n\n36.7\n\n\n6.60\n\n\nSPML-026\n\n\nunderground\n\n\n \n\n\n14.0\n\n\n1.86\n\n\n19.1\n\n\n2.25\n\n\nSPML-026\n\n\nunderground\n\n\nincluding\n\n\n6.0\n\n\n3.97\n\n\n28.7\n\n\n4.54\n\n\nSPML-027\n\n\nsurface\n\n\n \n\...

More updates from Silver Tiger Metals, Inc.