Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: heinz44	12/7/2006 1:54:07 PM
	of 78416

AUU... Aura Silver to JV with Intrepid on Taviche property 2006-12-07 13:26 ET - News Release Also News Release (C-IAU) Intrepid Mines Ltd Also News Release (C-PAA) Pan American Silver Corp Mr. Paul Pitman of Aura Silver reports AURA SILVER ENTERS INTO AGREEMENT WITH INTREPID TO EXPLORE THE TAVICHE SILVER-GOLD PROPERTY IN MEXICO Aura Silver Resources Inc. has entered into an agreement with Intrepid Mines Ltd. on the Taviche property in Oaxaca state, Mexico. The property consists of two concessions totalling 13,724 hectares which are held by Intrepid under option from Plata Panamericana S.A. de C.V., a wholly owned subsidiary of Pan American Silver Corp. Aura and Intrepid will form a joint venture whereby they can jointly earn a 70-per-cent interest in the Pan American properties. The concessions are underlain by a large number of silver- and gold-bearing quartz veins. Historic small-scale mining activity is evident in various parts of the property. The Western concession surrounds the San Jose silver-gold deposit under exploration and development by Continuum Resources Ltd. and Fortuna Silver Mines Inc. This deposit consists of multiple quartz vein and hydrothermal breccia-hosted epithermal silver-gold mineralization which, from the 1880s to 1942, produced 19.2 million ounces of silver and 144,000 ounces of gold from one million tonnes of ore (reference, March, 2006, technical report prepared for Fortuna Silver Mines).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next