CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE:CDE) announced the extension at depth of high-grade silver-gold mineralization at the Rochester Mine in Northwest Nevada at the East Rochester zone. Favorable results include 179.1 feet of 4.75 oz/t silver and 0.009 oz/t gold, or 5.31 oz/ton silver equivalent.
Drilling began in 2014 with the first reverse circulation drill hole encountering 1,300 feet of 1.11 oz/t silver and 0.003 oz/t gold, or 1.31 oz/ton silver equivalent, over twice the current average silver reserve grade of 0.53 oz/t silver and equal to the current average gold reserve grade of 0.003 oz/t. In late 2014, a core hole was drilled to twin the first reverse circulation hole, confirming the results and indicating high-grade silver-mineralized structures occur in the district.
The East Rochester zone is located approximately 1,000 feet east of mining in the existing Rochester open pit and close to existing infrastructure. Several successful holes were also drilled in the eastern side of the Rochester pit to further define mineralization between current mining activity and the new East Rochester zone with results supporting possible expansion towards East Rochester. In 2016, infill and expansion drilling is planned to better define the continuity of mineralization between current mining activities and the new East Rochester zone, which has the potential to become an additional source of nearby, high-grade mineralization, assuming continued drilling success, resource modeling, and applied mine engineering.
Drilling Highlights1:
-
Reverse Circulation Hole ER14-001:
- 1,300 feet averaging 1.11 oz/t of silver and 0.003 oz/t of gold, including 490 feet averaging 1.95 oz/t of silver and 0.005 oz/t of gold
-
Twin Core Hole ERC14-002:
- 118.6 feet averaging 2.78 oz/t of silver and 0.009 oz/t of gold
- 179.1 feet averaging 4.75 oz/t silver and 0.009 oz/t gold, including 4.1 feet averaging 55.80 oz/t of silver and 0.081 oz/t of gold
- 17.0 feet averaging 3.71 oz/t silver and 0.009 oz/t gold
“The East Rochester extension further demonstrates our focus on adding higher-grade, higher-margin ounces to our mine plans,” said Hans Rasmussen, Coeur’s Senior Vice President of Exploration. “The Rochester team identified this target in mid-2014, and it met the criteria for additional funding through our success-based exploration program. As a result, $1.6 million of additional funding was infused into the Rochester drill program and led to drilling some of the highest grades seen to date from the Coeur Rochester exploration program, including silver equivalent grades up to 5.31 oz/t, over 7 times the average reserve grade. These higher grades could potentially drive lower costs and positively impact future cash flow. Further drilling is planned in 2016, and we will be evaluating the economics of the deposit for potential inclusion in an expanded mine plan.”
Exploration at Rochester is expected to total $3.4 million in 2016, including $1.3 million (expensed) and $2.1 million (capitalized).
Highlights from Drill Results at Rochester, East: July – November 2014 | ||||||||||||
Mineralized Interval (feet) | ||||||||||||
Hole | From | To | Thickness | Silver Assays (Oz/short ton) | Gold Assays (Oz/short ton) | |||||||
ER14-001 | 740 | 1230 | 490 | 1.95 | 0.005 | |||||||
ER14-002 | 170 | 330 | 160 | 1.60 | 0.005 | |||||||
ER14-010 | 120 | 360 | 240 | 2.11 | 0.083 | |||||||
ER14-015 | 970 | 980 | 10 | 6.69 | 0.010 | |||||||
ER14-022 | 250 | 320 | 70 | 1.49 | 0.007 | |||||||
ER14-028 | 580 | 600 | 20 | 1.83 | 0.013 | |||||||
ER14-030 | 560 | 630 | 70 | 1.66 | 0.002 | |||||||
ER14-031 | 670 | 770 | 100 | 1.63 | 0.019 | |||||||
ER14-032 | 120 | 440 | 320 | 2.02 | 0.014 | |||||||
ER14-032 | 490 | 560 | 70 | 2.34 | 0.003 | |||||||
Core Hole |
||||||||||||
ERC14-002 | 310 | 429 | 119 | 2.78 | 0.009 | |||||||
ERC14-002 | 764 | 903 | 139 | 5.78 | 0.008 | |||||||
ERC14-002 | 1068 | 1085 | 17 | 3.71 | 0.009 |
Notes: | ||
1. | Drill intercepts from reverse circulation drill samples were prepared and analyzed by Skyline Labs in Sparks Nevada. | |
2. | Core hole sample intercepts were split on site, and were prepared and analyzed by Skyline Labs in Sparks Nevada. | |
3. | Samples were analyzed by 30 gram fire assay-AA finish with palladium inquart for silver and gold. Gold over 0.5 ppm and silver over 50 ppm are reassayed using 30 gram fire assay-gravimetric finish. | |
4. | Mineralized interval composited assays calculated using 0.34 ounces/ton Ag cutoff grade. | |
5. | Maximum of 10 feet of internal dilution (less than cutoff grade) permitted in compositing. | |
1. Full drill results in the Appendix. |
Rochester Mineral Reserves and Resources | ||||||||||||||
Grade (oz/t) | Ounces | |||||||||||||
Short Tons | Silver | Gold | Silver | Gold | ||||||||||
Proven Reserves | 96,520,000 | 0.53 | 0.003 | 51,007,000 | 316,000 | |||||||||
Probable Reserves | 54,171,000 | 0.52 | 0.003 | 28,336,000 | 161,000 | |||||||||
Total Proven and Probable Reserves | 150,691,000 | 0.53 | 0.003 | 79,343,000 | 477,000 | |||||||||
Measured Resources | 60,528,000 | 0.49 | 0.004 | 29,709,000 | 233,000 | |||||||||
Indicated Resources | 80,423,000 | 0.47 | 0.003 | 37,745,000 | 250,000 | |||||||||
Measured and Indicated Resources | 140,951,000 | 0.48 | 0.003 | 67,454,000 | 483,000 | |||||||||
Inferred Resources | 59,597,000 | 0.52 | 0.003 | 31,195,000 | 179,000 |
Note: Effective December 31, 2015. Assumed metal prices for proven and probable reserves were $17.50 per ounce of silver and $1,250 per ounce of gold. Reserves were also evaluated using $15.50 per ounce of silver and $1,150 per ounce of gold to determine economic viability. It was determined that substantially all current reserves are economically viable at these lower price assumptions. Assumed metal prices for mineral resources were $19.00 per ounce of silver and $1,275 per ounce of gold.
About Coeur
Coeur Mining is the largest U.S.-based silver producer and a significant gold producer with five precious metals mines in the Americas employing approximately 2,000 people. Coeur produces from its wholly owned operations: the Palmarejo silver-gold mine in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, the Wharf gold mine in South Dakota, and the San Bartolomé silver mine in Bolivia. The Company also has a non-operating interest in the Endeavor mine in Australia in addition to royalties on the Cerro Bayo mine in Chile, the El Gallo complex in Mexico, the Zaruma mine in Ecuador, and the Correnso mine in New Zealand. In addition, the Company has two silver-gold exploration stage projects - the La Preciosa project in Mexico and the Joaquin project in Argentina. The Company also conducts ongoing exploration activities in Alaska, Argentina, Bolivia, Mexico, and Nevada. The Company owns strategic investment positions in several silver and gold development companies with projects in North and South America.
Cautionary Statement
This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding drilling, potential discoveries, mine life, grades, and production. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically related conditions), changes in the market prices of gold and silver and a sustained lower price environment, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, ground conditions, grade variability, any future labor disputes or work stoppages, the uncertainties inherent in the estimation of gold and silver ore reserves, changes that could result from Coeur's future acquisition of new mining properties or businesses, reliance on third parties to operate certain mines where Coeur owns silver production and reserves and the absence of control over mining operations in which Coeur or its subsidiaries hold royalty or streaming interests and risks related to these mining operations including results of mining and exploration activities, environmental, economic and political risks of the jurisdiction in which the mining operations are located, the loss of any third-party smelter to which Coeur markets silver and gold, the effects of environmental and other governmental regulations, the risks inherent in the ownership or operation of or investment in mining properties or businesses in foreign countries, Coeur's ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's most recent report on Form 10-K. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.
Qualified Person
Dana Wills, Coeur's Director, Resource Geology, and a qualified person under Canadian National Instrument 43-101, supervised the preparation of the scientific and technical information concerning Coeur's mineral projects in this news release. Mineral resources are in addition to mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be considered for estimation of mineral reserves, and there is no certainty that the inferred mineral resources will be realized. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as data verification procedures and a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, Canadian investors should refer to the relevant NI 43-101-compliant Technical Report on file at www.sedar.com.
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in public disclosures, such as "measured," "indicated," "inferred” and “resources," that are recognized by Canadian regulations, but that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at www.sec.gov. Silver equivalence assumes a 60:1 silver to gold ratio.
APPENDIX
Resource Discovery Drill Results at Rochester, East: July - November 2014 | ||||||||||
Mineralized Interval (feet) | ||||||||||
Hole | From | To | Thickness | Silver Assays (Oz/short ton) | Gold Assays (Oz/short ton) | |||||
ER14-001 | 0 | 10 | 10 | 0.36 | 0.002 | |||||
ER14-001 | 30 | 130 | 100 | 0.56 | 0.001 | |||||
ER14-001 | 190 | 200 | 10 | 0.37 | 0.002 | |||||
ER14-001 | 220 | 580 | 360 | 0.87 | 0.004 | |||||
ER14-001 | 600 | 680 | 80 | 0.61 | 0.003 | |||||
ER14-001 | 740 | 1230 | 490 | 1.95 | 0.005 | |||||
ER14-001 | 1270 | 1300 | 30 | 0.40 | 0.002 | |||||
ER14-002 | 0 | 100 | 100 | 0.68 | 0.002 | |||||
ER14-002 | 140 | 150 | 10 | 0.66 | 0.002 | |||||
ER14-002 | 170 | 330 | 160 | 1.60 | 0.005 | |||||
ER14-002 | 360 | 480 | 120 | 0.62 | 0.002 | |||||
ER14-002 | 560 | 590 | 30 | 0.45 | 0.003 | |||||
ER14-002 | 720 | 740 | 20 | 0.80 | 0.004 | |||||
ER14-002 | 900 | 920 | 20 | 0.75 | 0.010 | |||||
ER14-003 | 0 | 120 | 120 | 0.50 | 0.002 | |||||
ER14-003 | 380 | 560 | 180 | 0.53 | 0.002 | |||||
ER14-003 | 600 | 680 | 80 | 0.40 | 0.000 | |||||
ER14-003 | 720 | 820 | 100 | 0.63 | 0.003 | |||||
ER14-003 | 870 | 1000 | 130 | 0.36 | 0.003 | |||||
ER14-004 | 0 | 70 | 70 | 0.45 | 0.002 | |||||
ER14-004 | 140 | 260 | 120 | 0.75 | 0.007 | |||||
ER14-004 | 280 | 290 | 10 | 0.38 | 0.001 | |||||
ER14-004 | 410 | 480 | 70 | 0.49 | 0.001 | |||||
ER14-004 | 500 | 620 | 120 | 0.67 | 0.003 | |||||
ER14-004 | 650 | 660 | 10 | 0.36 | 0.002 | |||||
ER14-004 | 730 | 740 | 10 | 0.36 | 0.002 | |||||
ER14-005 | 30 | 140 | 110 | 0.69 | 0.002 | |||||
ER14-005 | 590 | 710 | 120 | 0.65 | 0.001 | |||||
ER14-005 | 780 | 880 | 100 | 0.74 | 0.003 | |||||
ER14-005 | 910 | 930 | 20 | 0.71 | 0.000 | |||||
ER14-005 | 990 | 1000 | 10 | 1.17 | 0.004 | |||||
ER14-005 | 1020 | 1060 | 40 | 0.51 | 0.001 | |||||
ER14-005 | 1110 | 1120 | 10 | 0.41 | 0.002 | |||||
ER14-005 | 1150 | 1160 | 10 | 0.34 | 0.002 | |||||
ER14-005 | 1230 | 1240 | 10 | 2.98 | 0.013 | |||||
ER14-006 | 0 | 120 | 120 | 0.50 | 0.002 | |||||
ER14-006 | 450 | 490 | 40 | 0.41 | 0.001 | |||||
ER14-006 | 550 | 560 | 10 | 0.38 | 0.001 | |||||
ER14-006 | 600 | 610 | 10 | 0.41 | 0.000 | |||||
ER14-006 | 690 | 770 | 80 | 0.66 | 0.002 | |||||
ER14-006 | 830 | 900 | 70 | 1.10 | 0.004 | |||||
ER14-006 | 1100 | 1120 | 20 | 0.42 | 0.003 | |||||
ER14-007 | 10 | 50 | 40 | 0.43 | 0.002 | |||||
ER14-007 | 60 | 70 | 10 | 0.37 | 0.002 | |||||
ER14-007 | 110 | 120 | 10 | 0.35 | 0.002 | |||||
ER14-007 | 130 | 150 | 20 | 0.38 | 0.002 | |||||
ER14-007 | 190 | 200 | 10 | 0.35 | 0.008 | |||||
ER14-007 | 230 | 400 | 170 | 0.66 | 0.003 | |||||
ER14-007 | 420 | 490 | 70 | 0.52 | 0.001 | |||||
ER14-007 | 550 | 590 | 40 | 0.62 | 0.001 | |||||
ER14-007 | 710 | 740 | 30 | 1.12 | 0.003 | |||||
ER14-008 | 0 | 50 | 50 | 0.39 | 0.004 | |||||
ER14-008 | 60 | 120 | 60 | 0.63 | 0.003 | |||||
ER14-008 | 370 | 450 | 80 | 0.58 | 0.003 | |||||
ER14-008 | 510 | 520 | 10 | 0.38 | 0.002 | |||||
ER14-008 | 540 | 570 | 30 | 0.47 | 0.002 | |||||
ER14-008 | 610 | 640 | 30 | 0.43 | 0.001 | |||||
ER14-008 | 720 | 740 | 20 | 0.45 | 0.001 | |||||
ER14-008 | 830 | 840 | 10 | 0.38 | 0.002 | |||||
ER14-008 | 1000 | 1010 | 10 | 0.41 | 0.000 | |||||
ER14-008 | 1050 | 1060 | 10 | 0.42 | 0.000 | |||||
ER14-008 | 1100 | 1110 | 10 | 0.42 | 0.002 | |||||
ER14-008 | 1130 | 1140 | 10 | 0.34 | 0.014 | |||||
ER14-009 | 40 | 90 | 50 | 0.42 | 0.002 | |||||
ER14-009 | 210 | 260 | 50 | 0.47 | 0.004 | |||||
ER14-009 | 280 | 340 | 60 | 0.44 | 0.004 | |||||
ER14-009 | 360 | 480 | 120 | 0.82 | 0.002 | |||||
ER14-009 | 500 | 510 | 10 | 0.34 | 0.001 | |||||
ER14-009 | 670 | 680 | 10 | 0.70 | 0.004 | |||||
ER14-009 | 800 | 820 | 20 | 0.44 | 0.004 | |||||
ER14-010 | 10 | 20 | 10 | 0.42 | 0.001 | |||||
ER14-010 | 70 | 80 | 10 | 0.98 | 0.002 | |||||
ER14-010 | 120 | 360 | 240 | 2.11 | 0.083 | |||||
ER14-010 | 380 | 390 | 10 | 0.55 | 0.005 | |||||
ER14-010 | 450 | 460 | 10 | 0.62 | 0.002 | |||||
ER14-010 | 690 | 730 | 40 | 0.75 | 0.005 | |||||
ER14-010 | 790 | 800 | 10 | 0.35 | 0.005 | |||||
ER14-011 | 50 | 100 | 50 | 0.44 | 0.001 | |||||
ER14-011 | 140 | 150 | 10 | 0.41 | 0.000 | |||||
ER14-011 | 230 | 240 | 10 | 0.51 | 0.000 | |||||
ER14-011 | 510 | 520 | 10 | 0.44 | 0.002 | |||||
ER14-011 | 770 | 780 | 10 | 0.35 | 0.001 | |||||
ER14-012 | 10 | 60 | 50 | 0.71 | 0.002 | |||||
ER14-012 | 80 | 90 | 10 | 0.44 | 0.002 | |||||
ER14-012 | 140 | 150 | 10 | 0.34 | 0.000 | |||||
ER14-012 | 330 | 380 | 50 | 0.36 | 0.002 | |||||
ER14-012 | 400 | 450 | 50 | 0.49 | 0.002 | |||||
ER14-012 | 520 | 530 | 10 | 0.37 | 0.000 | |||||
ER14-012 | 710 | 740 | 30 | 0.46 | 0.003 | |||||
ER14-012 | 770 | 790 | 20 | 0.64 | 0.003 | |||||
ER14-012 | 820 | 840 | 20 | 0.59 | 0.003 | |||||
ER14-012 | 860 | 870 | 10 | 0.34 | 0.001 | |||||
ER14-013 | 10 | 40 | 30 | 0.52 | 0.004 | |||||
ER14-013 | 50 | 60 | 10 | 0.48 | 0.002 | |||||
ER14-013 | 370 | 380 | 10 | 0.48 | 0.002 | |||||
ER14-013 | 520 | 530 | 10 | 0.47 | 0.002 | |||||
ER14-013 | 710 | 720 | 10 | 0.38 | 0.005 | |||||
ER14-013 | 740 | 750 | 10 | 0.44 | 0.001 | |||||
ER14-013 | 780 | 800 | 20 | 0.45 | 0.001 | |||||
ER14-014 | 70 | 90 | 20 | 0.68 | 0.002 | |||||
ER14-014 | 280 | 290 | 10 | 0.43 | 0.003 | |||||
ER14-014 | 430 | 570 | 140 | 0.61 | 0.002 | |||||
ER14-014 | 620 | 640 | 20 | 1.21 | 0.006 | |||||
ER14-014 | 730 | 760 | 30 | 0.78 | 0.003 | |||||
ER14-014 | 840 | 850 | 10 | 0.46 | 0.001 | |||||
ER14-015 | 80 | 90 | 10 | 0.45 | 0.000 | |||||
ER14-015 | 390 | 530 | 140 | 0.54 | 0.003 | |||||
ER14-015 | 650 | 670 | 20 | 0.72 | 0.002 | |||||
ER14-015 | 970 | 980 | 10 | 6.69 | 0.010 | |||||
ER14-016 | 60 | 110 | 50 | 0.78 | 0.003 | |||||
ER14-016 | 390 | 400 | 10 | 0.37 | 0.004 | |||||
ER14-016 | 420 | 450 | 30 | 0.70 | 0.005 | |||||
ER14-016 | 470 | 480 | 10 | 0.39 | 0.003 | |||||
ER14-016 | 500 | 530 | 30 | 0.35 | 0.002 | |||||
ER14-016 | 610 | 620 | 10 | 0.44 | 0.002 | |||||
ER14-016 | 690 | 700 | 10 | 0.34 | 0.005 | |||||
ER14-017 | 0 | 10 | 10 | 0.34 | 0.003 | |||||
ER14-017 | 30 | 40 | 10 | 0.35 | 0.003 | |||||
ER14-017 | 360 | 380 | 20 | 0.42 | 0.002 | |||||
ER14-017 | 410 | 440 | 30 | 0.61 | 0.001 | |||||
ER14-017 | 500 | 520 | 20 | 0.39 | 0.002 | |||||
ER14-017 | 540 | 560 | 20 | 0.49 | 0.000 | |||||
ER14-018 | 60 | 70 | 10 | 0.51 | 0.003 | |||||
ER14-018 | 160 | 170 | 10 | 0.54 | 0.002 | |||||
ER14-018 | 220 | 230 | 10 | 0.34 | 0.003 | |||||
ER14-018A | 220 | 230 | 10 | 0.45 | 0.006 | |||||
ER14-018A | 270 | 280 | 10 | 0.34 | 0.009 | |||||
ER14-018A | 320 | 340 | 20 | 0.35 | 0.000 | |||||
ER14-018A | 370 | 460 | 90 | 0.39 | 0.004 | |||||
ER14-018A | 480 | 640 | 160 | 0.48 | 0.002 | |||||
ER14-019 | 80 | 120 | 40 | 0.49 | 0.005 | |||||
ER14-019 | 260 | 320 | 60 | 0.48 | 0.004 | |||||
ER14-019 | 400 | 410 | 10 | 0.42 | 0.000 | |||||
ER14-019 | 530 | 540 | 10 | 0.66 | 0.001 | |||||
ER14-019 | 610 | 620 | 10 | 0.42 | 0.001 | |||||
ER14-020 | 40 | 60 | 20 | 0.49 | 0.003 | |||||
ER14-020 | 130 | 140 | 10 | 0.36 | 0.002 | |||||
ER14-020 | 180 | 230 | 50 | 0.62 | 0.002 | |||||
ER14-020 | 290 | 310 | 20 | 0.41 | 0.006 | |||||
ER14-020 | 360 | 490 | 130 | 0.52 | 0.002 | |||||
ER14-020 | 510 | 640 | 130 | 0.85 | 0.003 | |||||
ER14-021 | 160 | 170 | 10 | 0.38 | 0.001 | |||||
ER14-021 | 390 | 400 | 10 | 0.38 | 0.003 | |||||
ER14-021 | 490 | 500 | 10 | 0.35 | 0.001 | |||||
ER14-022 | 0 | 120 | 120 | 0.63 | 0.002 | |||||
ER14-022 | 250 | 320 | 70 | 1.49 | 0.007 | |||||
ER14-022 | 350 | 480 | 130 | 1.09 | 0.004 | |||||
ER14-022 | 500 | 540 | 40 | 0.50 | 0.006 | |||||
ER14-022 | 570 | 590 | 20 | 0.58 | 0.005 | |||||
ER14-022 | 630 | 680 | 50 | 0.37 | 0.005 | |||||
ER14-022 | 790 | 800 | 10 | 0.54 | 0.002 | |||||
ER14-022 | 830 | 850 | 20 | 1.27 | 0.007 | |||||
ER14-022 | 870 | 880 | 10 | 0.36 | 0.003 | |||||
ER14-022 | 920 | 930 | 10 | 0.41 | 0.003 | |||||
ER14-022 | 950 | 1090 | 140 | 0.72 | 0.004 | |||||
ER14-022 | 1110 | 1270 | 160 | 0.57 | 0.004 | |||||
ER14-023 | 0 | 30 | 30 | 0.56 | 0.002 | |||||
ER14-023 | 50 | 60 | 10 | 0.41 | 0.001 | |||||
ER14-023 | 150 | 200 | 50 | 1.11 | 0.019 | |||||
ER14-023 | 260 | 300 | 40 | 0.56 | 0.008 | |||||
ER14-023 | 320 | 330 | 10 | 0.45 | 0.003 | |||||
ER14-023 | 410 | 540 | 130 | 0.84 | 0.005 | |||||
ER14-023 | 600 | 610 | 10 | 0.63 | 0.004 | |||||
ER14-023 | 740 | 810 | 70 | 0.61 | 0.007 | |||||
ER14-023 | 860 | 870 | 10 | 0.45 | 0.007 | |||||
ER14-023 | 920 | 930 | 10 | 1.19 | 0.030 | |||||
ER14-024 | 30 | 50 | 20 | 0.52 | 0.003 | |||||
ER14-024 | 180 | 200 | 20 | 0.57 | 0.006 | |||||
ER14-024 | 220 | 230 | 10 | 0.39 | 0.005 | |||||
ER14-024 | 280 | 290 | 10 | 0.35 | 0.001 | |||||
ER14-024 | 350 | 470 | 120 | 0.88 | 0.006 | |||||
ER14-024 | 530 | 540 | 10 | 0.46 | 0.007 | |||||
ER14-024 | 570 | 590 | 20 | 0.53 | 0.003 | |||||
ER14-024 | 630 | 780 | 150 | 0.94 | 0.005 | |||||
ER14-024 | 930 | 1020 | 90 | 0.97 | 0.003 | |||||
ER14-025 | 0 | 10 | 10 | 0.45 | 0.002 | |||||
ER14-025 | 160 | 190 | 30 | 0.34 | 0.006 | |||||
ER14-025 | 200 | 220 | 20 | 0.35 | 0.004 | |||||
ER14-025 | 410 | 470 | 60 | 0.62 | 0.002 | |||||
ER14-025 | 500 | 530 | 30 | 0.50 | 0.002 | |||||
ER14-025 | 620 | 630 | 10 | 0.60 | 0.101 | |||||
ER14-026 | 0 | 20 | 20 | 0.44 | 0.002 | |||||
ER14-026 | 160 | 210 | 50 | 0.48 | 0.004 | |||||
ER14-026 | 250 | 270 | 20 | 0.57 | 0.005 | |||||
ER14-026 | 310 | 470 | 160 | 0.78 | 0.004 | |||||
ER14-026 | 500 | 510 | 10 | 0.35 | 0.000 | |||||
ER14-026 | 610 | 630 | 20 | 0.45 | 0.006 | |||||
ER14-026 | 660 | 950 | 290 | 0.77 | 0.003 | |||||
ER14-026 | 1110 | 1120 | 10 | 0.34 | 0.001 | |||||
ER14-026 | 1150 | 1160 | 10 | 0.34 | 0.004 | |||||
ER14-028 | 0 | 90 | 90 | 0.41 | 0.002 | |||||
ER14-028 | 110 | 120 | 10 | 0.36 | 0.001 | |||||
ER14-028 | 140 | 150 | 10 | 0.46 | 0.002 | |||||
ER14-028 | 170 | 260 | 90 | 0.57 | 0.006 | |||||
ER14-028 | 290 | 400 | 110 | 0.74 | 0.004 | |||||
ER14-028 | 580 | 600 | 20 | 1.83 | 0.013 | |||||
ER14-029 | 0 | 10 | 10 | 0.54 | 0.005 | |||||
ER14-029 | 20 | 70 | 50 | 0.45 | 0.002 | |||||
ER14-029 | 130 | 150 | 20 | 0.47 | 0.004 | |||||
ER14-029 | 220 | 230 | 10 | 0.35 | 0.004 | |||||
ER14-029 | 310 | 470 | 160 | 0.53 | 0.001 | |||||
ER14-029 | 580 | 600 | 20 | 0.64 | 0.004 | |||||
ER14-030 | 0 | 70 | 70 | 0.44 | 0.002 | |||||
ER14-030 | 140 | 210 | 70 | 0.60 | 0.006 | |||||
ER14-030 | 230 | 240 | 10 | 0.77 | 0.003 | |||||
ER14-030 | 260 | 360 | 100 | 0.49 | 0.002 | |||||
ER14-030 | 420 | 460 | 40 | 1.14 | 0.002 | |||||
ER14-030 | 490 | 500 | 10 | 0.49 | 0.006 | |||||
ER14-030 | 560 | 630 | 70 | 1.66 | 0.002 | |||||
ER14-030 | 710 | 720 | 10 | 0.37 | 0.002 | |||||
ER14-031 | 400 | 410 | 10 | 0.36 | 0.002 | |||||
ER14-031 | 670 | 770 | 100 | 1.63 | 0.019 | |||||
ER14-032 | 0 | 80 | 80 | 0.59 | 0.005 | |||||
ER14-032 | 120 | 440 | 320 | 2.02 | 0.014 | |||||
ER14-032 | 490 | 560 | 70 | 2.34 | 0.003 | |||||
ER14-032 | 590 | 620 | 30 | 0.71 | 0.002 | |||||
ER14-033 | 10 | 40 | 30 | 0.58 | 0.002 | |||||
ER14-033 | 100 | 110 | 10 | 0.36 | 0.005 | |||||
ER14-033 | 160 | 170 | 10 | 0.34 | 0.002 | |||||
ER14-033 | 180 | 190 | 10 | 0.39 | 0.004 | |||||
ER14-033 | 220 | 460 | 240 | 0.79 | 0.004 | |||||
ER14-033 | 500 | 600 | 100 | 0.96 | 0.003 | |||||
ER14-033 | 620 | 640 | 20 | 0.68 | 0.007 | |||||
ER14-033 | 670 | 700 | 30 | 0.51 | 0.003 | |||||
ER14-034 | 0 | 30 | 30 | 0.68 | 0.002 | |||||
ER14-034 | 120 | 130 | 10 | 0.35 | 0.000 | |||||
ER14-034 | 170 | 230 | 60 | 1.01 | 0.005 | |||||
ER14-034 | 300 | 320 | 20 | 0.42 | 0.010 | |||||
ER14-034 | 360 | 370 | 10 | 0.66 | 0.003 | |||||
ER14-034 | 400 | 500 | 100 | 0.61 | 0.004 | |||||
ER14-034 | 630 | 770 | 140 | 0.70 | 0.003 | |||||
ER14-034 | 810 | 830 | 20 | 0.50 | 0.006 | |||||
ER14-034 | 990 | 1000 | 10 | 0.53 | 0.001 | |||||
ER14-035 | 170 | 200 | 30 | 0.77 | 0.007 | |||||
ER14-035 | 230 | 260 | 30 | 0.60 | 0.003 | |||||
ER14-035 | 280 | 290 | 10 | 0.44 | 0.003 | |||||
ER14-035 | 440 | 460 | 20 | 0.83 | 0.002 | |||||
ERC14-002 | 110 | 120 | 10 | 0.46 | 0.000 | |||||
ERC14-002 | 310 | 429 | 119 | 2.78 | 0.009 | |||||
ERC14-002 | 461 | 501 | 40 | 0.58 | 0.003 | |||||
ERC14-002 | 518 | 566 | 48 | 0.55 | 0.003 | |||||
ERC14-002 | 592 | 643 | 51 | 0.66 | 0.003 | |||||
ERC14-002 | 724 | 903 | 179 | 4.75 | 0.009 | |||||
ERC14-002 | 907 | 1014 | 106 | 0.95 | 0.002 | |||||
ERC14-002 | 1024 | 1045 | 20 | 0.75 | 0.001 | |||||
ERC14-002 | 1068 | 1085 | 17 | 3.71 | 0.009 | |||||
ERC14-002 | 1108 | 1159 | 51 | 0.45 | 0.001 | |||||
ERC14-002 | 1170 | 1223 | 53 | 0.98 | 0.003 | |||||
ERC14-002 | 110 | 120 | 10 | 0.46 | 0.000 |
Notes: | ||
1. | Drill intercepts from reverse circulation drill samples were prepared and analyzed by Skyline Labs in Sparks Nevada. | |
2. | Core hole sample intercepts were split on site, and were prepared and analyzed by Skyline Labs in Sparks Nevada. | |
3. | Samples were analyzed by 30 gram fire assay-AA finish with palladium inquart for silver and gold. Gold over 0.5 ppm and silver over 50 ppm are reassayed using 30 gram fire assay-gravimetric finish. | |
4. | Mineralized interval composited assays calculated using 0.34 ounces/ton Ag cutoff grade. | |
5. | Maximum of 10 feet of internal dilution (less than cutoff grade) permitted in compositing. | |