Thursday, 13th March 2008 (2413 views)

Drilling on the Creston bulk tonnage silver and gold deposit at the La Guitarra mine has returned multiple gold intercepts, the company conducting the work has announced.

Genco Resources said highlights of the results include a 50-metre intersection grading 0.34 g/t gold and an 18-metre stretch grading 0.24 g/t gold. Silver intersections were also returned from these holes.

Other gold values returned from the drilling included 7.66 g/t gold over 24 metres, 1.18 g/t gold over 10.5 metres and 0.63 g/t gold over 22.5 metres.

Additional results recorded intersections of 30 metres grading 0.43 g/t gold, 50 metres grading 0.34 g/t hold and 22.9 metres graded at 0.88 g/t gold.

Genco president Gregory Liller said drilling at the site had continued to deliver "consistently good results".

"As we obtain more data on the geometry of the Creston it is becoming readily apparent that for most of its strike length, the Creston deposit forms the dip slope of a hill side," he commented.

The La Guitarra mine is located in the mineral-rich Temascaltepec mining district south-west of Mexico City. Gold and silver production at the mine dates back to at least 1555.

 

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