SOURCE EXPLORATION CORP. announced today the signing of a diamond drilling contract for commencement of its 2015 drill campaign at the Las Minas property, Veracruz State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,000 metres of drilling, scheduled to get underway in early March.
The program will focus on extending and infilling the Santa Cruz zone, where previous drilling returned grades that included a 10 metre interval averaging 10.6 g/t gold, 48.47 g/t silver and 7.44% copper or 24.11 g/t gold equivalents(1), contained within a wider zone grading 3.57 g/t Au Eq over 99.0 metres (Press Release August 6, 2014). The program will also include step-out drilling at the Juan Bran target to extend the zone to the south. Drilling at Juan Bran in 2014 returned 3.10 g/t Au Eq over 15.1 metres (Press Release August 29, 2014).
"We are very excited to commence our 2015 exploration program at Las Minas and build on our outstanding results achieved in 2014," stated David Baker, Executive Chairman. "The 2014 drilling program intersected high grades over significant widths at Santa Cruz. Drilling at the Juan Bran resulted in a new discovery, linking the Juan Bran target to Eldorado and extending the flat -lying mineralization from 170 metres to 420 metres in width. Both systems remain open for expansion."
Source: http://www.sourceexploration.com/