Oct 18 2013
Silver Mountain Mines Inc. is pleased to announce positive initial results from a ground gravity survey program on its wholly-owned Ptarmigan Property (the "Property"), located near Radium, British Columbia.
The gravity survey was completed between July 30th and August 30th, 2013, within the Company's mineral tenures located in the East Kootenay region of British Columbia. The survey included a total of 1,418 ground gravity stations, with 20 meter stations on lines spaced 100 meters, and infill lines at 50 meter spacing.
The survey was designed to evaluate potential for a larger areal "footprint" of fault hosted mineralization and manto-style mineralization on the Property. In addition, survey included an evaluation of the density contrast between massive sulphide style mineralization and the predominantly carbonate and/or siliciclastic sediments hosting the mineralization.
Completion of the 2013 gravity survey is an integral component in the Company's continued, multi-disciplinary exploration program to evaluate the mineral potential of the Property. The results of the gravity survey, taken together with previous mapping, geochemical surface sampling, airborne and ground geophysical surveys and diamond drill results, define one or more anomalies tentatively interpreted by the Company as suggesting potential for additional mineralization at depth.