Sotkamo Silver AB Excellent Results Rceived from Infill Drilling-program
02.10.2013 | GlobeNewswire
The best intersections were found in holes TS3 with 7.5 meters Ag (silver) 153 g/t; TS4 with 15 meters Ag 269 g/t , TS5 with 10.5 meters Ag 304 g/t, and TS6 with 7.5 meters Ag 267 g/t , TS9 with 5.5 meters Ag 834 g/t.Sampling was carried out in 1.5 m long portions. Samples were analysed by Kemian Tutkimuspalvelut Oy (Anttila & Mäkelä, 2013). Silver, lead, zinc, sulphur and antimony were assayed using ICP-OES analysis. Gold was assayed by acid digestion followed by liquid-liquid extraction and AAS. A report of the drilling results “Sotkamo Silver, Silver Mine Infill Drilling Program 2013”, was compiled by Dr. Jyrki Parkkinen, can be found on our web pages.
“The results are excellent and give us an opportunity to revise the mining plan. The results give additional verifications to our expectations of the deposit´s quality from the area where we plan to start the mining during the first years production”, comments Timo Lindborg, CEO
The independent consultant Dr. Jyrki Parkkinen, Doctor in Geology, who holds a Qualified Person´s status under “The European Federation of Geologists” (EFG) and is qualified to make statements according JORC and NI 43 101 rules has been involved in the preparation of this press release.
For further information: Timo Lindborg, CEO, phone +46-8-304920.
The official Stock Exchange Release is given in Swedish and there may be slight
differences in the translated versions.
Stockholm, 2nd October 2013
Sotkamo Silver AB
Timo Lindborg, CEO
About Sotkamo Silver AB:
Sotkamo Silver AB´s business concept is to exploit mineral deposits in the Nordic countries with regards to human society and environment. Sotkamo Silver owns, through its subsidiary mineral deposits, which contains silver and gold in Finland. The Company’s main development project is the Taivaljärvi Silver Mine.
Sotkamo Silver applies SveMin’s & FinnMin’s respective rules of reporting for public mining & exploration companies. Sotkamo Silver has chosen to report mineral resources and ore reserves according to the internationally accepted JORC or NI 43-101-code. The company applies International Financial Reporting Standards (IFRS) as approved by the European Union.
The ticker symbol is SOSI in NGM and SOSI1 in NASDAQ OMX Helsinki.
ISIN-code for Sotkamo Silver shares is SE0001057910 and for warrants SE0004635290.
Read more about Sotkamo Silver on www.sotkamosilver.com or www.silver.fi