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Oceanus Reports a Wide Zone of 97.7 Meters of 1.80 g/t Gold Equivalent Consisting of 0.90 g/t Gold and 67.5 g/t Silver at its El Tigre Property in Sonora, Mexico
(via Thenewswire.ca) HALIFAX, NOVA SCOTIA / TheNewswire / May 16, 2016 - Oceanus R...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Oceanus Reports a Wide Zone of 97.7 Meters of 1.80 g/t Gold Equivalent Consisting of 0.90 g/t Gold and 67.5 g/t Silver at its El Tigre Property in Sonora, Mexico(via Thenewswire.ca)\n \n \nHALIFAX, NOVA SCOTIA / TheNewswire / May 16, 2016 - Oceanus Resources Corporation (TSXV:OCN) (\"Oceanus\" or the \"Company\") is pleased to provide new assays results from its ongoing infill gap sampling program on the legacy diamond drill core at its 100% owned El Tigre Property in Sonora, Mexico. Oceanus disclosed the results from the first 12 drill holes located on Sections 4250N, 4200N and 4150N in a press release dated March 7, 2016.\n\n \n \nThese new assays are from 531 drill core samples collected from 16 drill holes as well as 60 channel samples collected underground in the Johnny Cross Cut located on Section 4000N. The drill holes are located on Sections 4400N, 4350N, 4300N, 4100N, 4050N and 4000N. The goals of the sampling program are to \"twin\" several of the high grade intersections identified by the original sampling conducted by El Tigre Silver Corp. in 2013 and to assay sections of the core not previously sampled to provide complete assay coverage over the length of the holes.\n\n \n \nThese assay results indicate a broader halo of gold and silver mineralization than was previously recognized. This wide zone of gold and silver mineralization, which starts at surface, may have future potential for open pit bulk mining. After Oceanus included the new assay results for the legacy diamond drill holes, the mineralized intercept for select holes are reported as follows:\n\n \n \n\n\n-Hole ET-13-066 - 97.7 meters of 1.80 g/t gold equivalent consisting of 0.90 g/t gold and 67.5 g/t silver; including 3.5 meters of 34.33 g/t gold equivalent consisting of 15.99 g/t gold and 1,375.6 g/t silver\n\n\n\n \n \n\n\n-Hole ET-13-075 - 104.0 meters of 1.01 g/t gold equivalent consisting of 0.53 g/t gold and 36.1 g/t silver\n\n\n\n \n \n\n\n-Hole ET-13-067 - 113.5 meters of 0.88 g/t gold equivalent consisting of 0.61 g/t gold and 20.8 g/t silver; including 21.0 meters of 1.99 g/t gold equivalent consisting of 1.93 g/t gold and 4.9 g/t silver\n\n\n\n \n \n\n\n-Hole ET-13-050 - 71.5 meters of 0.84 g/t gold equivalent consisting of 0.64 g/t gold and 15.1 g/t silver\n\n\n\n \n \n\n\n-Hole ET-13-076 - 56.1 meters of 2.34 g/t gold equivalent consisting ...