SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: onepath1/31/2007 2:59:40 PM
   of 78416
 
Dia Bras report says Cusi holds many former producers

2007-01-31 11:01 ET - News Release

Mr. Rejean Gosselin reports

DIA BRAS: FIRST TECHNICAL REPORT ON CUSI

Dia Bras Exploration Inc. has received the first technical report on its Cusi silver project in northern Mexico. The National Instrument 43-101 report prepared by Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) and dated Dec. 22, 2006, concludes that there is good potential for economic silver-gold mineralization on the Cusi property. The company's current drilling program of 20,000 metres of diamond drilling is being conducted on the northwestern portion of the project where 12 inactive silver mines are located. The objective of the drilling is to test the down-dip and strike extensions of the silver veins in these mines as well as define sufficient mineralization so that an initial resource calculation can be done.

According to Scott Wilson RPA, the Cusi project contains several former silver-copper-zinc-lead-gold producers and continuing exploration has the objective to extend known zones of silver mineralization along the strike of the structure that hosts the La Bamba open pit as well as the San Miguel mine, the La India mine and the Santa Edwiges mine. Recent drilling near the La Bamba open pit has intersected mineralized zones that are interpreted to be down-dip extensions of mineralization exposed at the open pit. The most prominent of these are:

113 grams per tonne (g/t) Ag over 22.5 metres in hole DC06B37; and
981 g/t Ag over one metre in hole DC06B30.

Scott Wilson RPA is of the opinion that these zones are open along strike and warrant further drill testing. The complete technical report will be filed on SEDAR and posted on Dia Bras's website.




Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext