Never mind about ERW and its recent acquisition of the Elizabeth Hill Silver mine. It appears we also have a potentially HUGE amount of yet to be discovered Ag on the Vuzel tenement / claim.
Now I know this announcement is about the Gold. And that in itself isn't to shabby .
But at the same time , I can't help but look at the attached Pic from the announcement and NOT imagine the reference to the MASSIVE ' Skarn ' Silver Anomaly wasn't also a bit intentional.
So for those who aren't aware , SKARN Silver deposit are normally those which are conducive to the type of geology that contain LARGE amounts and potentially millions of ounces of Silver and other valuable precious metals.
Now without getting too much into it ( as I'll leave the specific geological breakdowns to Mode ) is that whilst Skarns can be found in rock systems all over the world , they are normally found in lithologies containing at least SOME limestone. .....and can also be found in sandstone as well as basalt.
So you can see in their Pic that the Silver ' Skarn ' anomaly is surrounded by the limestone halo which I've outlined in YELLOW. And you can also see that it is quite significant along strike with the anomoly being at least 2.5 kilometres when measured against Vuzel ......and running South -East from the North - South East limestone geological trend zone. The anomoly is also south of a significant fault zones which are all south of Vuzel and between Vuzel and the Skarn Anomoly.
So I don't have to tell those who know already the significance of LARGE Skarn Silver deposits....with some of them containing literally millions of ounces of silver.
Great examples are the likes of he GIANT Penasquito Mine and the Saucito Mines which are both in Mexico. You also have the Polkowice-Sieroszowice Mine and the Rudna Mine in Poland which is on the same European Continent as obviously our Bulgarian interests.
So over all , I feel as though the Market will like this Pic and hopefully keep rewarding shareholders with a continued re-rate while it continues to digest the significance of this region.
So the Beauty here is it looks as though we've got Silver in abundance too if were want to chase it down with a separate drill program. Makes sense as Silver is expected to outperform even gold as it restores it historical ' ratio ' with gold over the nearer term.
(20min delay)