More News from Silver Crest Mines
Big Al
April 9, 2013
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3 Comments
Apr 09, 2013 09:03 PM
Apr 09, 2013 09:05 PM
I love these SilverCrest updates.
Al (if you find it appropriate) can you ask Scott Drever about the progress of the CCD processing mill at Santa Elena. With this asset….. besides ramping up tons it seems the mill expansion/transition can positively improve recovery rates. I am curious.
Apr 10, 2013 10:36 AM
Zeal Intelligence for April described Silver Crest as a screaming buy at $2.40. Have just bought a wadge at Ca $2.27. The company remains exquisitely solvent
The press release actually came out yesterday, Big Al, and I was a little surprise it only caused a 1.75% share price increase today.
April 8, 2013 – 8:00 AM EDT
SVL:CA 2.33 + 0.04
SilverCrest Continues to Expand Santa Elena Deposit More High Grade Intercepts; 21.6m @ 1.46 gpt Au and 169.1 gpt Ag Including 0.60m @ 5.2 gpt Au and 1,840 gpt Ag
VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 8, 2013) – SilverCrest Mines Inc. (TSX VENTURE:SVL)(NYSE MKT:SVLC) (the “Company”) is pleased to announce results of further delineation drilling at the Santa Elena Mine in Sonora, Mexico. Since mid 2012, 132 drill holes have been completed to further expand underground resources and reserves (see attached Figure – http://media3.marketwire.com/docs/svl408-LS.pdf). This drill program continues to be extremely successful with the most recent holes identifying additional bonanza grades (as defined below) and providing further intercepts in the El Cholugo Zone. To date, resources at Santa Elena have been delineated along a strike length of over 1,200 metres and to a depth of 600 metres. The results of all holes included in this news release will be part of the ongoing resource expansion and reclassification to be included in the Pre-Feasibility Study for the Santa Elena Expansion Project which is nearing completion. More….