El Tigre Silver has announced that its 2012 drilling program at the El Tigre silver project will now examine the Gold Hill target by mid-March. The project is situated on concessions, a portion of El Tigre’s 431 sq. km concession ownership in Sonora, Mexico.
The drilling program is planned to drill a total of 5000 m in about 24 holes. The hole depth will vary from 100 to 300 m, and will halt in the environs of the El Tigre Vein.
The Gold Hill region will be targeted, wherein a gold stock work zone exists in the hanging wall rocks of the El Tigre silver-gold vein. The target region is roughly 1.4 km in length. The zone hosts low-grade gold values with silver in the 5 to 45 g range. The thickness of this zone varies from 100 m to 70 m.
Earlier, El Tigre had reported the data about the low-grade zone back in September, 2011. Field work since then consisted of underground channel sampling and surface rock chip sampling in the Johnny cross cut tunnel, which lies beneath the Tigre Viejo Canyon. The tunnel travelled via a stock work zone before halting at the El Tigre vein. This complete interval intercepted about 0.615 g/t gold and interior to this was 41.4 m of 1.0 g/t gold. These results came from 37 channel samples taken from the tunnel sides. The gold assay values vary from 0.1 g/t to 46.6 g/t.
El Tigre's President and CEO, Stuart Ross said that the company is happy to begin its 5000-m drill project and continues to leverage its 2011 successful drilling results and the past work performed at the El Tigre silver property. The combination of the extended drilling project and the progress at El Tigre's tailings deposit for silver production will make 2012 an exciting year for the company, Ross concluded.
Source: http://www.eltigresilvercorp.com/