Yale Continues to Encounter High Grade Silver at Los Amoles
2012年3月27日 - 10:00PM
ビジネスワイヤ(英語)
Yale Resources Ltd. (TSX-V - YLL and Frankfurt - YAB)(Pink
Sheets: YRLLF) is pleased to report that sampling at the Los Amoles
Silver Property, located in central Sonora, continues to show the
potential for multiple sampling techniques within the property as a
test sampling of select shafts has returned the widest and highest
grade results to date from the property. Work at Los Amoles is
being performed by Yale on behalf of Sonora Resources, who by
funding the exploration have the right to earn a 70% interest in
the property.
The central target area of the property, which surrounds the
historic Rosales mine, measures approximately 300 by 600 metres and
has the highest concentration of historic workings with greater
than 20 shafts and adits identified to date. The distribution of
workings on different veins and different sections of each vein
provides access to various levels of the mineralizing system due to
the topography. All mineralization encountered to date is open
along strike and to depth. The recently completed work program was
designed to test the exposed vein in the walls of the vertical
shafts of select workings. This has proven very effective in
getting a true sense of the mineralization that is not exposed at
surface. Below are the highlights of the sampling program:
Sample description Width (m) Ag (g/t) Au (g/t)
Ag Eq1 (g/t)
Rebaje shaft at 1.1 m 1.39
241.85 0.38 264.41 Rebaje shaft at 1.3 m 1.05 278.35 0.80 326.64
Rebaje shaft at 4.5 m 1.54 144.66 0.34 164.99 Rebaje tunnel 1.00
308.70 1.32 387.60 Rebaje tunnel 0.70 1,131.49 1.60 1,227.24
1. Silver equivalent calculations use
metal prices of Au US$1,200/oz and Ag US$20/oz.
Metallurgical recoveries and net smelter returns are assumed to
be 100%.
In addition, a test soil grid covering an area measuring 200 by
400 metres proved very effective as it defined a 250 metre
curvi-linear silver anomaly that has been interpreted to represent
the buried continuation of a vein as well as several discrete
anomalies that occur immediately down slope from historic workings
and their respective waste piles.
As a result of the continued favourable results a much larger
comprehensive sampling program is being proposed to Sonora
Resources for the next exploration campaign on the project such
that targets can be prioritized for drilling.
The work at Los Amoles during the past year has advanced the
project significantly by concentrating on a two by three kilometre
mineralized zone defined by a strong colour anomaly and now known
to contain at least 60 veins with strike lengths up to 1 kilometre,
40 historic workings (adits and excavations) and 19 shafts.
About the Los Amoles Property:
The early stage wholly owned 16.3 square kilometre Los Amoles
Property is located approximately 150 kilometres northeast of the
Hermosillo, Sonora State, Mexico. The property is approximately 10
kilometres northeast of the La Caridad Mine, operated by Grupo
Mexico, which is one of the largest mining and processing complexes
in Mexico.
Sonora Resources Ltd. has an option to earn a 70% interest in
the property by paying to Yale US $ 50,000 (received), spending US
$ 900,000 ($200,000 spent) on exploration expenditures and issuing
1,000,000 shares (600,000 have been received) to Yale over three
years.
Work performed to date by Yale has concentrated on an area (the
Rosales area) that is on the south eastern edge of a 4.0 by 2.75 km
regional magnetic anomaly. Yale’s interpretation is that the
Rosales area represents silver-lead +/- gold veins that are distal
to a porphyry system. The potential for this regional anomaly to
reflect a buried porphyry has yet to be tested. Many of Sonora’s
most significant porphyry deposits are located within 70 km of the
Los Amoles property.
Samples from Los Amoles were prepared and analyzed by IPL
Inspectorate in their facilities in Mexico and Vancouver,
respectively. Samples generally consisted of 1-3 kg of material.
Gold and silver analyses were performed by 30 gram fire assay with
an AA finish. Samples with greater than 100 g/t silver were
re-assayed using gravimetric methods.
Ian Foreman, P.Geo., is Yale Resources’ Qualified Person, as
defined by National Instrument 43-101. The Los Amoles property is
an early stage project that requires additional sampling and
geological mapping to fully determine the project’s potential.
On behalf of the Board,
“Ian Foreman”
Ian Foreman, P.Geo.
President
For additional information on Yale Resources
please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Statements in this press release, other than purely historical
information, including statements relating to the Company’s future
plans and objectives or expected results, may include
forward-looking statements. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and
uncertainties inherent in resource exploration and development. As
a result, actual results may vary materially from those described
in the forward-looking statements.
Global UAV Technologies (PK) (USOTC:YRLLF)
過去 株価チャート
から 11 2024 まで 12 2024
Global UAV Technologies (PK) (USOTC:YRLLF)
過去 株価チャート
から 12 2023 まで 12 2024