SNS Silver Corp. Continues Gold Intercepts at Emerald Lake
16.06.2010 | Marketwire
VANCOUVER, 06/16/10 - SNS Silver Corporation ('SNS' or the 'Company') (TSX VENTURE: SNS) is pleased to announce that it has received additional assay results from first part of a phase 1 diamond drilling program on the Emerald Lake Property located 65 km northeast of Sudbury, Ontario.The program consisted of 6713 m of diamond drilling in 30 drill holes. The drill holes partially tested the extension of the historical mineralization, as well as various geophysical targets over a strike length of 750 m.
Highlights from the recent drilling are tabulated below. The lengths reported are drill intersected core lengths and do not represent true widths.
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Hole Number From (ft) To (ft) Width (ft) Au (g/t)
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GR09-07 382.5 384 1.5 5.69
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GR09-08 537.5 545 7.5 1.19
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593 594 1 23.30
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GR09-09 843.5 846.5 3 6.20
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905 907 2 2.33
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GR09-32 801 803 3 9.58
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GR09-33 1020 1028 8 1.25
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including 1026 1028 2 18.45
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GR09-34 No significant results
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1000 18 1.95
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GR09-35 982 1000 3 3.20
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including 997 1015 3 1.12
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1012 1030 3 11.30
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1027 1100 3 5.57
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1097
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GR09-36 No significant results
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Infill sampling on diamond drill hole GR09-29 (as reported on the previous press release dated April 28, 2010) did not return significant values. Additional samples have been recently cut and submitted to SGS Laboratories from diamond drill holes.Results will be made available once the assays have been received and approved by SNS's technical staff.
SNS has also approved a 2010 surface program which will begin immediately consisting of line cutting, geological mapping, prospecting, and geophysics. The geological mapping and prospecting will focus on the eastern portion of the property where several known historical gold occurences have been reported. Geophysics will include modelling and a downhole IP survey to define drill targets for an upcoming drill program scheduled to commence in August, 2010.
The technical information in this press release has been reviewed and approved by Joerg Kleinboeck, B.Sc., P.Geo., SNS's Qualified Person as defined by National Instrument 43-101.
QA/QC Procedures
SNS Silver has implemented a rigorous quality assurance / quality control (QA/QC) program to ensure best practices in sampling, analysis and preservation of the drill core. This will ensure timely, accurate and comprehensive analysis of all ongoing geological work at the project.
All drill core is logged, photographed, and cut on-site with a diamond saw. Half of the core is submitted for analysis to ALS Laboratory Group, in Sudbury, Ontario, 'an ISO 9001:2000' accredited laboratory. Lab protocols include fire assay for Au with an AA finish on a crushed and pulverized sub-sample. The MDL and upper detection limits (UDL) for Au are 5 - 1000 ppb under this protocol. Above the UDL a gravimetric method is used for determination on high concentrations. Where high gold values are suspected the samples are processed using a 'Screen Fire Assay' procedure in order to ensure that there is no bias due to the presence of coarse gold. Under this procedure the entire sample is pulverized, and screened to 100 microns. The entire sample above 100 microns is fire assayed and two splits from the sample below 100 microns are also fire assayed and weight averaged to arrive at the final assay value.
Internal Lab Quality Control consists of a repeat of every tenth sample, and for every 20 samples run, a standard and a blank sample are analyzed. An additional quality control program has been implemented by the Company using certified control standards, and coarse field blanks that are randomly inserted into the sample stream. A program of analysis of duplicate samples has begun and is ongoing.
The board would also like to thank Charlie Pitcher P.Eng, for providing his oversight into the development of the Crescent Mine. Now that the UMG asset transfer is complete Charlie will be stepping down from the board.
The board would also like to wish Charlie success in his future endeavours.
We Seek Safe Harbor
SNS Silver Corporation (TSX VENTURE: SNS) is an exploration mining company, whose assets include a number of near term production projects in geopolitically secure Idaho, USA. The 100% owned Crescent Mine consists of 24 patented mining claims over approximately 350 acres. These adjacent properties operated independently to produce nearly 400 million ozs of silver historically and their recent merger is expected to enhance exploration opportunities on their once disputed boundary.
This press release contains certain 'Forward-Looking Statements' within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Contacts:
SNS Silver Corp.
David Greenway
(604) 689-0896 or Toll Free: 1-800-663-4567
dg@snssilver.com
www.snssilver.com