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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: 4C who wrote (11219)5/12/2006 10:39:19 PM
From: koan  Respond to of 78418
 
This may be the other reason people like it. It seems to be full of heavy hitters??

PGM Ventures Corp (C-PPG) - News Release
PGM intersects 50 m of 13.7% Zn at Aguas Tenidas

2005-11-01 09:48 ET - News Release
Shares issued 71,509,573
PPG Close 2005-10-31 C$ 0.68

Mr. Peter Miller reports

PGM VENTURES CORPORATION: DRILL INTERCEPT OF 50 METRES AT 13.7% ZN, 5.6% PB & 188G/T AG AT AGUAS TENIDAS

As a consequence of the results recently received from the present underground drill program PGM Ventures Corp. has requested SRK to incorporate the results into the Aguas Tenidas feasibility study. The drill results, shown below, will shortly be incorporated into the mine's ore resource and minable reserve figures and allow adjustments to be made to the underground mining and development plan.

The area currently being drilled will be accessible early in the mine's commercial life. These results indicate previous estimates of the extent and intensity of mineralization in this part of Aguas Tenidas, derived from widely spaced surface drilling, may have been conservative.

Section 690460

Hole From To Length Cu Pb
m m m % %

AEM-85 90.4 128.4 38.0 1.70 1.30
Inc. 104.2 128.4 24.2 2.80 1.90
AEM-86 81.7 90.3 8.6 1.32 2.01
And 90.3 140.9 50.6 2.91 0.10
Inc. 92.2 118.4 26.2 3.25 0.04
AEM-87 82.8 88.7 5.9 0.53 0.29
And 108.1 118.3 10.2 2.31 0.80
And 129.8 133.7 3.9 3.24 0.07
AEM-88 62.6 75.9 13.3 0.86 1.05
And 77.8 89.9 12.1 2.48 0.66
And 115.9 130.0 14.1 2.47 0.13
And 138.6 142.9 4.3 5.40 2.42
AEM-89 71.6 78.2 6.6 0.18 2.14
And 96.1 104.2 8.1 1.24 2.10
AEM-90 97.7 113.8 16.1 2.94 2.33
Inc. 108.3 113.8 5.5 2.95 6.59

Continued ...

Hole From To Zn Ag Au
m m % g/t g/t

AEM-85 90.4 128.4 7.30 68.3 1.4
Inc. 104.2 128.4 9.30 83.9 1.6
AEM-86 81.7 90.3 8.78 47.2 0.9
And 90.3 140.9 0.42 32.5 0.7
Inc. 92.2 118.4 0.19 39.3 0.7
AEM-87 82.8 88.7 10.17 91.9 na
And 108.1 118.3 5.82 45.1 na
And 129.8 133.7 0.11 40.2 na
AEM-88 62.6 75.9 4.07 47.6 na
And 77.8 89.9 2.07 49.8 na
And 115.9 130.0 0.75 23.2 na
And 138.6 142.9 12.26 204.6 na
AEM-89 71.6 78.2 4.99 75.3 na
And 96.1 104.2 7.53 70.3 na
AEM-90 97.7 113.8 8.57 138.5 4.3
Inc. 108.3 113.8 17.66 283.1 4.5

Section 690500

Hole From To Length Cu Pb
m m m % %

AEM-80 81.6 131.6 50.0 1.57 5.62
Inc. 99.6 119.7 20.1 1.58 7.84
AEM-81 92.8 129.3 36.5 3.23 0.17
Inc. 108.9 127.2 18.3 4.30 0.14

Continued ...

Hole From To Zn Ag Au
m m % g/t g/t

AEM-80 81.6 131.6 13.74 188.2 na
Inc. 99.6 119.7 18.71 245.2 na
AEM-81 92.8 129.3 1.08 na na
Inc. 108.9 127.2 0.50 na na

Section 690540

Hole From To Length Cu Pb
m m m % %

AEM-75 81.7 105.8 24.1 1.36 3.93
And 107.7 134.5 26.8 2.89 0.21
AEM-76 87.8 98.8 11.0 0.50 0.25
And 125.2 157.6 32.4 3.37 0.03
Inc. 137.4 155.7 18.3 4.19 0.02
AEM-77 82.5 94.6 12.1 0.20 0.34
And 100.5 132.5 32.0 2.69 0.36
Inc. 116.5 130.5 14.0 3.86 0.37
AEM-78 85.7 89.7 4.0 0.30 2.09
And 102.7 108.5 5.8 0.81 2.39

Continued ...

Hole From To Zn Ag Au
m m % g/t g/t

AEM-75 81.7 105.8 9.50 125.6 4.5
And 107.7 134.5 0.69 54.2 1.0
AEM-76 87.8 98.8 5.20 30.6 na
And 125.2 157.6 0.09 20.3 na
Inc. 137.4 155.7 0.06 16.4 na
AEM-77 82.5 94.6 6.59 37.4 na
And 100.5 132.5 2.18 50.4 na
Inc. 116.5 130.5 2.37 73.9 na
AEM-78 85.7 89.7 6.48 49.5 na
And 102.7 108.5 6.77 79.0 na

Section 690580

Hole From To Length Cu Pb
m m m % %

AEM-70 98.2 117.9 19.7 0.58 5.12
And 118.6 149.2 30.6 1.45 0.24
AEM-71 95.6 120.4 24.8 1.10 1.02
And 120.4 138.3 17.9 2.79 0.40
AEM-72 115.8 123.3 7.5 3.37 0.19
And 123.3 144.1 20.8 1.62 1.72

Continued ...

Hole From To Zn Ag Au
m m % g/t g/t

AEM-70 98.2 117.9 11.91 121.2 na
And 118.6 149.2 1.49 31.4 na
AEM-71 95.6 120.4 6.19 50.0 na
And 120.4 138.3 2.33 49.5 na
AEM-72 115.8 123.3 0.36 35.8 na
And 123.3 144.1 7.45 45.2 na

Note 1: A further four holes were drilled for condemnation purposes.

Note 2: Gold assays will be available shortly.

The underground drill program has been temporarily suspended to allow the installation of steel arches in a short section of the hangingwall exploration drift.

Mike Newbury, PEng, is the qualified person who has reviewed the technical information in this news release on behalf of PGM.

We seek Safe Harbor.