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

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From: E. Charters3/28/2006 8:23:41 PM
   of 78419
 
Somebody mentioned this company the other day.

of the 17 previously reported intercepts in the recently discovered Guadalupe Manto at its 100% owned Platosa Project in Durango, Mexico. Of the nine, six intercepts were of massive and semi-massive sulfides, ranging from 2.4 to 9.4 metres in thickness and ranging from 839 to 4029 g/T (26.9 to 128.8 oz/T) silver; 3.4 to 20.1% lead, and 3.0 to 31.6% zinc (see Tables 1A and 1B). These intercepts outline a coherent sulphide body, at least 50 by 50 metres wide and averaging 5.6 metres thick, that has a thickness-weighted average grade of 1,331 g/T (42.8 oz/T) silver, 20% lead and 14% zinc. This body is flanked on the northeast, southwest and south by sulphide-bearing breccias in the other three holes of up to 10 metres thick, which are typical of the margins of Platosa-style mantos (Holes LP-135, 139, 140). All nine holes reported herein lie on, or to the southeast of the N60E line of drill holes, which includes the Guadalupe Manto discovery hole (LP-132). Results from the eight holes (LP142-LP149) drilled to the northwest of this line are pending (see press release of 03/03/06). Combined sulphide intercepts from all 17 holes indicate that the Guadalupe Manto is a shallow northeastdipping body, 1.8 to 9.4 m thick, at least 60 by 100 metres in plan and it remains open in several directions.
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