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Oceanus Confirms High Grade Gold at Third Zone on the La Lajita Property in Mexico
/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF A...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"\n\n\n/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN THE\n UNITED STATES OF AMERICA/\n\n\nHALIFAX, June 12, 2013 /CNW/ - Oceanus Resources Corporation (TSXV:OCN)\n (\"Oceanus\" or the \"Company\") announces the initial results from\n underground and surface channel samples collected within the Santo Nino\n zone, one of seven mineralized zones on the La Lajita property, have\n returned high grade gold over significant widths.  Highlighted assay\n results include the following;\n\n\n10.64 g/t gold and 41.0 g/t silver over a length of 10 meters from underground channel SPML-015\n\n\n3.46 g/t gold and 42.3 g/t silver over a length of 16 meters from surface channel SPML-016\n\n\nSanto Nino Zone \n\n\nThe current work has confirmed gold and silver mineralization at the\n Santo Nino for a strike length of 120 meters and up to 15 meters in\n width on surface exposed in surface trenches and small underground\n workings. The Santo Nino zone is located about 600 meters along strike\n to the north of the Dos Hermanos zone and is situated on the same fault\n system as Dos Hermanos.\n\n\nSanto Nino is the third of seven known zones of the La Lajita property\n which has been sampled and checked by Oceanus since the start of the\n 2013 field program. All three zones (Guadalupe, Dos Hermanos and Santo\n Nino) have confirmed the presence of high-grade gold mineralization.\n\n\nA total of 57 channel samples averaging 2.0 meters in length were\n collected from eight (8) channels cut perpendicular to the strike of\n the mineralization over a strike length of 95 meters (2561000N to\n 2561075N). Significant results from the underground and surface channel\n samples at Santo Nino are presented in the following table.\n\n\n\n\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-010\n\n\nsurface\n\n\n \n\n\n3.0\n\n\n2.68\n\n\n33.3\n\n\n3.35\n\n\nSPML-011\n\n\nsurface\n\n\n \n\n\n2.0\n\n\n0.06\n\n\n11.5\n\n\n0.29\n\n\nSPML-013\n\n\nsurface\n\n\n \n\n\n3.0\n\n\n0.29\n\n\n13.6\n\n\n0.56\n\n\nSPML-014\n\n\nsurface\n\n\n \n\n\n2.0\n\n\n0.78\n\n\n11.3\n\n\n1.00\n\n\nSPML-015\n\n\nunderground\n\n\n \n\n\n10.0\n\n\n10.64\n\n\n41.0\n\n\n11.46\n\n\n \n\n\n \n\n\nincluding\n\n\n6.0\n\n\n16.53\n\n\n50.3\n\n\n17.53\n\n\nSPML-016\n\n\nsurface\n\n...