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Oceanus Reports Assay Results and Mobilizes Diamond Drill to its El Tigre Property in Sonora, Mexico
(via Thenewswire.ca) HALIFAX, NOVA SCOTIA / TheNewswire / June 28, 2016 - Oceanus ...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Oceanus Reports Assay Results and Mobilizes Diamond Drill to its El Tigre Property in Sonora, Mexico(via Thenewswire.ca)\n\n \nHALIFAX, NOVA SCOTIA / TheNewswire / June 28, 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 28 drill holes located between Sections 4400N and 4000N in press releases dated March 7, 2016 and May 16, 2016. The company has now released results from 53 holes over a strike length of 1675 meters along the El Tigre deposit (Sections 4975N to 3300N).\n\n \n \nThis update includes new assay data from 987 drill core samples collected from 25 holes. The new results are from 4 holes located north of Section 4400N and 21 holes south of Section 4000N. Results are pending for an additional 6 holes located between Sections 5100N and 4750N. The goals of the sampling program are to \"twin\" several of the high grade intersections identified by the original sampling 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 continue to indicate a broader halo of gold and silver mineralization than 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 as follows: \n\n \n \n-Hole ET-10-031 - 92.9 meters of 0.80 g/t gold equivalent consisting of 0.39 g/t gold and 30.4 g/t silver; including 7.5 meters of 2.07 g/t gold equivalent consisting of 1.11 g/t gold and 72.6 g/t silver.\n\n \n \n-Hole ET-10-033 - 48.6 meters of 1.46 g/t gold equivalent consisting of 0.61 g/t gold and 63.9 g/t silver; including 9.5 meters of 5.46 g/t gold equivalent consisting of 1.80 g/t gold and 274.5 g/t silver.\n\n \n \n-Hole ET-13-081 - 48.5 meters of 0.72 g/t gold equivalent consisting of 0.52 g/t gold and 15.0 g/t silver; \n\n\n \nincluding 11.8 meters of 1.99 g/t gold equivalent consisting of 1.25 g/t gold and 56.0 g/t silver. \n\n \n \n-Hole ET-12-034 - 38.0 meters of 1.22 g/t ...