Monday 5th December 2016

Resource Clips


Posts tagged ‘Silvermex Resources Inc (SLX)’

Silvermex reports Mexico Assays of 147.47 g/t Gold, 607.7 g/t Silver over 3.2m

March 28th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningSilvermex Resources Inc TSX:SLX announced results from its La Guitarra property in the Temascaltepec Mining District, Mexico. Assays include

18.06 g/t gold and 67.69 g/t silver over 5.4 metres
(including 55.42 g/t gold and 158.04 g/t silver over 1.3 metres)
173.9 g/t silver over 1.2 metres
147.47 g/t gold and 607.7 g/t silver over 3.2 metres
(including 306.99 g/t gold and 1,033.6 g/t silver over 1.5 metres)
12.24 g/t gold and 131.4 g/t silver over 0.8 metres
285 g/t silver over 0.8 metres
370.19 g/t silver over 1.4 metres

CEO Duane Nelson said, “We are very pleased with the bonanza-type intercepts we are seeing in this new section of the mine. Never before have we seen gold grades over 300 g/t over such wide strike lengths and depths like this. We have already started to modify our mine plan to focus on developing this area. We are confident we can access the upper portion of the high-grade ore body by the third quarter of this year.”

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Contact:
Fiona Grant
Manager, Investor Relations
604.682.4004

by Ted Niles

Silvermex reports Mexico Assays of 434 g/t Silver, 6.97 g/t Gold over 2.3m

March 26th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningSilvermex Resources Inc TSX:SLX announced results from the Coloso area of its La Guitarra property in the Temascaltepec Mining District in Mexico. Assays include

6.97 g/t gold and 434.37 g/t silver over 2.3 metres
(including 9.93 g/t gold and 541 g/t silver over 0.9 metres)
6.77 g/t gold and 428.19 g/t silver over 3 metres
(including 12.1 g/t gold and 744 g/t silver over 1 metre)
0.74 g/t gold and 590.62 g/t silver over 3.9 metres
(1.53 g/t gold and 1,855 g/t silver over 1 metre)

At the current rate of 320 tonnes per day it is expected that the La Guitarra Mine will produce approximately 800,000 ounces silver equivalent per year.

View Company Profile

Contact:
Fiona Grant
Manager, Investor Relations
604.682.4004

by Ted Niles

Silvermex reports Mexico Assays of 1.71 g/t Gold, 509 g/t Silver over 2.4m

March 15th, 2012

Resource Clips - essential news on junior gold mining and junior silver miningSilvermex Resources Inc TSX:SLX announced drill results from its La Guitarra mine in the Temascaltepec Mining District, Mexico. Assays include

4.3 g/t gold and 115 g/t silver over 1 metre
1.97 g/t gold and 88.93 g/t silver over 1.9 metres
1.71 g/t gold and 509.14 g/t silver over 2.4 metres
586.25 g/t silver over 1.2 metres
1.4 g/t gold and 175.56 g/t silver over 2.8 metres
1.38 g/t gold and 118.89 g/t silver over 2.2 metres
2.32 g/t gold and 476.1 g/t silver over 1.6 metres
1.09 g/t gold and 406.15 g/t silver over 3.3 metres
198.48 g/t silver over 3 metres
4.94 g/t gold and 166.09 g/t silver over 2.9 metres
239.79 g/t silver over 2.7 metres
176.1 g/t silver over 2.1 metres
179.24 g/t silver over 2.2 metres

President Michael Callahan stated, “As was reported in a news release on November 3, 2011, our underground program has been very successful in identifying the largest ore chute to date in the La Guitarra mine. Our most recent drilling continues to extend this zone both laterally and vertically. This program has been very successful in extending the life of the La Guitarra mine and we will continue with an aggressive drill campaign into 2012.”

View Company Profile

Contact:
Fiona Grant
Manager, Investor Relations
604.682.4004

by Ted Niles

Silvermex reports Mexico Assays of 424.6 g/t Silver, 4.32 g/t Gold over 2m

November 21st, 2011

Resource Clips - essential news on junior gold mining and junior silver miningSilvermex Resources Inc TSX:SLX announced results from its La Guitarra property in the Temascaltepec mining district, Mexico. Assays include

4.32 g/t gold and 424.6 g/t silver over 2 metres
229.7 g/t silver over 3.4 metres
7.99 g/t gold and 424.2 g/t silver over 1.2 metres
2 g/t gold and 813.9 g/t silver over 1.4 metres
199.4 g/t silver over 1.4 metres
1.64 g/t gold and 91.2 g/t silver over 1.1 metres
1.1 g/t gold and 91.3 g/t silver over 2.9 metres
308.6 g/t silver over 2.6 metres
92.1 g/t silver over 2.7 metres
61.5 g/t silver over 1 metre

CEO Duane Nelson stated, “Management is pleased with the initial results of the current surface drill program. This program has been very successful in complementing the results of previous drilling and has helped to improve confidence in vein continuity and grade, as many of the previous holes were widely spaced. Additional drilling is justified both along strike and to depth and is currently in progress.”

View Company Profile

Contact:
Fiona Grant
Manager, Investor Relations
604.682.4004

by Ted Niles

Silvermex reports Mexico Results of 406.2 g/t Silver, 1.09 g/t Gold over 3.3m

November 4th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningSilvermex Resources Inc TSX:SLX announced assays from La Guitarra Mine in the Temascaltepec Mining District of Mexico. Results include

406.2 g/t silver and 1.09 g/t gold over 3.3 metres
476.1 g/t silver and 2.32 g/t gold over 1.6 metres
509.1 g/t silver and 1.71 g/t gold over 2.4 metres
502.7 g/t silver and 0.12 g/t gold over 0.45 metres
115 g/t silver and 4.3 g/t gold over 0.9 metres
254.5 g/t silver and 0.76 g/t gold over 0.7 metres

La Guitarra consists of two underground operation centres and a flotation mill with a capacity of 320 tonnes per day.

View Company Profile

Contact:
Fiona Grant
IR Manager
604.682.4004

by Greg Klein