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Resource Clips

Posts tagged ‘Argentum Silver Corp (ASL)’

Argentum, Soltoro report Mexico Results of 900 g/t Silver, 0.45 g/t Gold over 2.4m

March 8th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningArgentum Silver Corp TSXV:ASL and Soltoro Ltd TSXV:SOL announced assays from their Coyote Property in Jalisco State, Mexico. Highlights include

900 g/t silver, 0.45 g/t gold, 0.26% lead and 0.99% zinc over 2.4 metres
(including 1,645 g/t silver, 0.65 g/t gold, 0.22% lead and 1.36% zinc over 1.2 metres)
403 g/t silver, 0.19 g/t gold, 0.19% lead and 0.07% zinc over 2.5 metres
143 g/t silver, 0.31 g/t gold, 0.62% lead and 1.95% zinc over 1 metre
43 g/t silver, 0.25 g/t gold, 0.72% lead and 0.96% zinc over 4.4 metres

Soltoro holds 2.1 million common shares of Argentum and may acquire another 3.5 million shares over the course of the option agreement. On completing the terms of the agreement, Argentum will acquire a 100% undivided interest in Soltoro’s Victoria and Coyote silver-gold projects. Soltoro will retain a 3% NSR in each project. Up to 2% of that may be purchased for US$1.5 million per 1% NSR.

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Argentum Silver Corp
Ian Tootill
IR Director

Soltoro Ltd
Andrew Thomson

by Greg Klein