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 : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: Neil Irwin who wrote (1335)6/10/1998 8:47:00 PM
From: Greg W. Taylor  Read Replies (1) | Respond to of 2346
 
Neil:

1. The article mentions there are results from 6 more holes at South Ridge to be released. Is this true, and when might we expect them?

As I mentioned in the last release, we have six more assay results to come. I hope to be able to announce these within a few days.

2. Can we expect any results from Bacon before the winter? How many holes? What time frame? Any progress reports? Can you tell us about any visible minerals in the core?

We decided a while ago that the mineralized structures at Bacon, which are different from those at Lejano (see below) are ready for deeper, core drilling.

"Unlike Lejano, the North Bacon discovery is not a gossan capping semi-massive lead-sulfides, but rather, is a precious-metal-rich, quartz fault-vein (i.e., a quartz-injected fault) exhibiting classically epithermal textures, including episodic banding, along with pathfinder element geochemistry. This vein is hosted within a subregional fault zone which runs eastward for about 9 kilometers across the property. "

We plan to begin core drilling at both Bacon and Lejano, after the southern winter, likely in September.

We are very reluctant to descibe visible mineralization. We have "ruby silver" (a high grade of silver) in one area but can't say much more. We are looking at metallurgy in the coming months and I hope to start reporting the next detailed results (DDH drill results especially) by about November, perhaps sooner.

I hope this helps.

Greg