Golden Minerals has announced further assay results of the drilling campaign conducted at the Yaxtché deposit, which is located on the El Quevar project in northwest Argentina.
Recently, the company has performed an infill drill program at the west Yaxtché deposit and has continued to cut high-grade silver. It has intersected 1,204 g/t silver over 2 m and 467 g/t silver over 11 m in the hole QVD-344, 1,160 g/t silver over 11 m and 889 g/t silver over 16 m in the hole QVD-348, 1,046 g/t silver over 3 m, 1,151 g/t silver over 6 m and 535 g/t silver over 26 m in the hole QVD-352.
Golden Minerals’ CEO, Chairman and President, Jeffrey Clevenger, stated that the company is encouraged by the receipt of high-grade silver intercepts from the Yaxtché deposit.
Bulk mining can contain a prospective open pit at the Yaxtché deposit’s eastern and central regions, together with the underground mining program in the western portion. Besides the surface infill drill program, the company has expanded the underground drilling for the central and east of the Yaxtché deposit and has planned for a 1,300 m of fan drilling for the subsequent months.
The surface infill drill program is part of this program, which drills up to 50 holes at the Yaxtché deposit that forms the El Quevar project’s major zone. Golden Minerals has obtained the assay results for 16 holes. Assay results from further 13 holes are pending.
Source: http://www.goldenminerals.com/