SMI santana minerals limited

the announcement said: Becker Project The Company remains...

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    the announcement said:

    Becker Project
    The Company remains committed to the advancement of the Becker Gold Project. A reinterpretation of the September 2018 drill program has indicated the potential for a preserved gold-silver mineralised system. Santana’s October 2018 announcement of drilling results at the project included 12m @ 8.1g/t Au and 15.3g/t Ag from 12m (BDH18-08). While several subsequent holes returned only modest results due to an unanticipated fault disrupting the direction of the targeted veining, wide intercepts of intense clay altered volcanic rock will be re-assayed for indicative elements on the basisthey are potentially indicative of the upper levels of the system, well above the optimal depth for gold mineralisation. Assaying and relogging of these zones based on this model will be undertaken in the second half of the year.


    15.3g/t Ag is negligible silver
    Last edited by ddzx: 27/07/19
 
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Last
53.0¢
Change
-0.015(2.75%)
Mkt cap ! $383.0M
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