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Gold/Mining/Energy : Silver Crest Mines Inc. : SVL.V
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To: loantech who started this subject9/22/2003 4:17:29 PM
From: loantech  Read Replies (1) of 188
 
Disclaimer: I am long SVL and added 15,800 shares today. The recent hoopla has been about the potential extension of and a 2nd breccia pipe at El Ocote. This alone is a company maker but what follows I am more excited about and it may soon light a huge fire under SVL shares even from this price level.
Check this out:http://silvercrestmines.com/blanca.html

Now here is where I need some help. Click on the map image on the lower right side. Notice a potential area of 300 X 700 meters or so. Notice the location of the adit in regards to the rose colored circles. Now click on the 2nd image and check out the slope of the potential vein. At the top of the slope samples were taken at 60 ounces per ton (for the yanks) and 1945 g/t for everyone else. Looks to me that by looking at the topo map etc that the adit lies about 200 meters below the top of the hill. In addition taking the slope into consideration it may cover 600-700 meters in length. Inside the adit the map shows a potential continuation of the down dip vein. Samples from the adit were taken at about 196 ounces per ton or 6301 g/t. I guess a rough average may be about 128 ounces per ton. So assuming 3 meters wide 600 meters in length etc etc. Where are we in ounces taking a WAG? This sure to heck is high grade and samples are from the surface and underneath so.........ADDITIONAL SAMPLING WORK IS ONGOING NOW OR IN THE NEXT FEW DAYS AT ARENA BLANCA.

So..............I am accumulating as much SVL as possible as it gets better and better IMHO.
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