Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Tuesday 02nd of December 2008
Friday, April 11, 2008

West Timmins updates La Dura discovery

West Timmins updates La Dura discovery

West Timmins Mining Inc. announced that drill testing in the La Dura West area of its 100% owned Montana de Oro Project in Sonora, Mexico has intersected additional zones of copper-gold-silver mineralization. These feature an intercept of 12.30 metres grading 0.94% copper, 2.07 g/t gold and 65.12 g/t silver, which includes 1.55 metres grading 0.13% copper, 8.43 g/t gold and 50.10 g/t silver, located less than 100 metres south of the La Dura West Polymetallic discovery.

The latest results from the La Dura area are consistent with the Company’s exploration model which relates the La Dura East lead-zinc-silver, La Dura West Polymetallic and proximal copper-gold-silver discoveries to a large, classically zoned intrusive hosted copper-gold system.

With the peripheral lead-zinc-silver dominated elements of this system exhibiting a strike length of at least 3000 metres and the grade/thickness of a number of recent copper-gold intercepts all indications are that we are progressing toward the centre of large copper-gold system, said Darin Wagner, President and CEO of West Timmins Mining. Based on the available geological information the centre of this system lays to the west of our drilling to date, across the placer gold-bearing Baboyahui River.

A series of recently completed drill holes, collared up to 600 metres west of previous drilling, provide additional support for the current exploration model. These holes exhibit westward increases in alteration intensity, disseminated copper sulphide mineralization and in the thickness of the mineralized intercepts.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related posts to: West Timmins updates La Dura discovery

West Timmins extends drilling zones ...

Lake Shore Gold provides 2008/2009 budget plan ...

Lake Shore signs agreement with Flying Post and Mattagami First Nations ...

Golden Chalice commences drilling on Radio Hill property ...

Yamana Gold provides exploration updates ...

Latest Metals News:

Latest News  BHP Billiton scraps plans to acquire Rio

Latest News  Base metals see more price declines

Latest News  Copper prices fall on inventories, US housing data

Latest News  Copper, aluminium gain after early declines

Latest News  Gold drops half a dollar in New York

Latest News  Copper pares gains on US retail data

Latest News  Copper, aluminium inventories continue to climb

Latest News  Alcoa delays expansion at Wagerup and cuts production

Latest News  Platinum, palladium down on auto sector problems

Latest News  China’s stimulus plan sends most metals higher


Previous: « Andean Resources hires VP operations
Next: Western Metals acquires Parys project from Anglesey Mining »

Visited 1055 times, 4 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):