VANCOUVER , May 12 /PRNewswire-FirstCall/ – Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI) is pleased to announce the results of drilling completed in the upper portion of the Animas Vein at the Caylloma Mine in southern Peru . Exploration raises and cross-cuts completed in late 2009 and early 2010 along the Animas structure above level 6 of the mine cut high-grade silver-gold mineralization as previously reported (see Fortuna news release dated Feb. 2, 2010).
Highlights of the drilling include: ANIS016010 2222 g/t Ag, 9.64 g/t Au, 1.17% Pb and 3.02% Zn over 9.2m ANIS016210 431 g/t Ag, 0.45 g/t Au, 0.53% Pb and 0.26% Zn over 11.8m ANIS015610 520 g/t Ag, 0.45 g/t Au, 0.47% Pb and 0.32% Zn over 7.6m ANIS015910 305 g/t Ag, 0.64 g/t Au, 0.91% Pb and 2.33% Zn over 8.2m ANIS015810 508 g/t Ag, 0.42 g/t Au, 1.51% Pb and 3.76% Zn over 4.1m
Widths given are estimated true widths based on the orientation of the drill holes relative to the Animas Vein. The drilling tested the Animas Vein mineralization over a strike length of 500m and vertically from level 6 to the surface, a distance of 150 to 200m along the inclination of the vein.
The full assay results from all twenty drill holes completed in the upper portion of the Animas Vein are summarized below with length-weighted assay averages calculated for the mineralized intervals. The new silver results compare extremely favorably to the 156g/t Ag average Proven and Probable Reserve (P&P) grade for Caylloma with sixty percent of the holes returning higher silver grades (see Fortuna news release dated July 16, 2009). CONTINUES HERE
Today’s silver riddle
Is rock that contains 2.2Kg of silver and 9.6g/t gold economically viable? Personally, I reckon it has a fair chance of turning a profit :-). Here’s a NR from Fortuna Silver (FVI.to) out today: