UC Resources has provided an update to its stakeholders, shareholders and interested parties related to a sampling campaign recently completed at the Las Cuatas and Mirador mine sites located within the Xora concession that is immediately near to the La Yesca production mill.
The company has planned to exploit the opportunities that occur within its present assets. It is now in a situation to leverage the opportunities, which may occur by exploring the present mining concessions.
According to the company, one of the plans that complement the present production and operations at the La Yesca mill is to include new mill supply continuously in order to expand the mill life and to improve the rates of recovery.
Wide sampling program has been conducted on surface and underground area within the Mirador and Las Cuatas mines. The Las Cuatas and Mirador mines are separated by 200 m apart. UC Resources identified regions that additionally expanded during the sampling process.
UC Resources has identified a second adit at the Mirador mine. Due to these discoveries, the company will mobilize a drill rig to the project location during late August. The rig will carry out a near-surface drilling campaign in order to examine the underground level of the Las Cuatas vein present on strike and level of the Mirador vein. The company intends to conduct a preliminary 1000 m drilling campaign, totaling six holes.
The company continues the sampling program along strike length of the Las Cuatas vein and other showings, which have been identified in the XORA claim’s low reaches.
Vancouver-base ALS Chemex Laboratories completed the analyses. The company will assess the results together with the anticipated drilling results for selective mining and bulk mining processes.