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Wednesday 08th of February 2012
Tuesday, March 18, 2008

Tara Gold updates San Miguel project

Story link: Tara Gold updates San Miguel project
by Jo Black
Tara Gold updates San Miguel project

Tara Gold Resources Corp. announces assay results from two additional drill holes in the San Miguel Zone of its San Miguel project in the Guazapares Mining District, Mexico. Drill hole SM-19 was drilled at the southern end of the drill pattern, and SM-20 was drilled below moderately well mineralized SM-08 and SM-09, designed to test the vein approximately 50 meters below these two holes.

Hole SM-20 had two excellent gold and silver intercepts as shown in the table below: 2.65m of 1.23 g/t Au and 834 g/t Ag, and 6.26m of 2.41 g/t Au and 20 g/t Ag. It extends the southern limit of the high grade body called ‘Clavo 99′ an additional 50 meters horizontally, to a total width of at least 350 meters. Clavo 99 is also now shown to be mineralized for 200 meters down dip and it remains open down dip and to the north.

The San Miguel project is a joint venture between Tara Gold Resources Corp. (30%) and Paramount Gold Mining Corp. (70%). Paramount is the operator of the exploration program and provided this update.

 


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