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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (4095)	1/17/2014 3:09:51 PM
From: Goose94	Read Replies (2) \| Respond to of 203329

Source Exploration (SOP-V) Jan 17, '14 has signed a diamond drilling contract for commencement of its 2014 exploration program at the Las Minas property, Veracruz state, Mexico. Source has contracted with KDL Mexico SA de CV for a minimum of 2,800 metres of drilling, scheduled to get under way in the fourth week of January. The main focus of the program will be on delineation of the higher-grade portions of skarn mineralization identified in earlier drilling at the Santa Cruz and Eldorado discovery areas, in preparation for an initial resource calculation on these zones. The drilling will also test a large-scale magnetic anomaly proximal to high-grade mineralization intersected in the Santa Cruz area hole LM-11-SC-45, which graded 15.89 grams per tonne (g/t) gold (Au), 12.98 g/t Ag and 2.25 per cent copper (Cu) over 10.0 metres, including 37.26 g/t Au gold, 25.4 g/t Ag and 4.05 per cent Cu over four metres -- see press release dated Jan. 26, 2012. The high-grade gold values intersected in hole LM-11-SC-45 were associated with a magnetite content of approximately 80 per cent. Previous drilling at the Eldorado site intersected copper mineralization grading up to 3.05 per cent copper, with a 21.10-metre interval averaging 1.60 per cent copper in hole LM-11-ED-9. Drill hole LM-11-ED-15 intersected 55.4 metres of 0.54 g/t gold, 5.52 g/t silver and 0.71 per cent copper within a larger intercept of 75.8 metres grading 0.46 g/t gold, 4.36 g/t silver and 0.60 per cent copper -- see press release dated May 31, 2011. David Baker, executive chairman, stated: "We are excited about the commencement of drilling, which will allow us to follow up on the previous excellent drill results and move forward with developing a preliminary resource estimate for this part of the Las Minas project. The drill program will also test the strong magnetic anomalies located adjacent to recent high-grade drill intersections." All intervals are reported as downhole lengths and additional information is required to determine true widths. Assays are uncut, length weighted average values. Quality assurance/quality control The technical information in this news release has been reviewed and approved by Brian Robertson, PEng, Source's president and chief executive officer, a registered professional engineer in the province of Ontario and a qualified person as defined by National Instrument 43-101. Mr. Robertson is responsible for ensuring that the information contained in this news release is an accurate summary of original reports and data provided to or developed by Source Exploration. The company has implemented and adheres to a strict quality assurance/quality control program which includes inserting mineralized standards and blanks into the sample stream, about one for every 10 samples. The standards and blanks were obtained from CDN Resource Laboratories Ltd. of Langley, B.C., Canada. Each sample bag is properly sealed and kept in a secured, restricted storage place prior to shipping to the lab. Samples are shipped directly by Source or picked up by the lab vehicle with chain of custody/sample submittal signed and dated. The company sends it samples to SGS Mineral Services (ISO/IEC 17025) at Durango, Mexico, an accredited laboratory.