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Americas Silver Corp.
Summary
| Project: | Galena Complex | |
|---|---|---|
| Deposit: | Galena Complex | |
| Location: | United States | |
| Commodities: | Silver-Copper-Lead | |
| Date: | 5/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-5-2017: Americas Silver Corp. announces an Exploration/Drilling Update report for its Galena Complex deposit at the Galena Complex project. Drilling results incl. 17.2m @ 154g/t Ag, 7.3% Pb from 14.8m. TORONTO, ONTARIO — May 31, 2017 — Americas Silver | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Daren Dell (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO — May 31, 2017 — Americas Silver Corporation (TSX: USA) (NYSE “MKT”: USAS) (“Americas Silver” or the “Company”) today provided an exploration update for its Galena Complex located in Idaho, USA and its Cosalá Operations located in Sinaloa, Mexico. “The 2017 exploration program is off to a fantastic start,” said Americas Silver Chief Operating Officer Daren Dell. “Only five months into the year and we have new discoveries at the Galena Complex which will positively impact the mine plan in the near term and provide optimism for future resource growth. At Cosalá, a significant extension of the San Rafael Zone 120 mineralization combined with our existing El Cajón mine points toward a new development scenario where our silvercopper resource could support a production centre.” On the 4900 Level, the 366 FW Vein was recently discovered following drilling to extend the 360 Vein above and to the west of known resources. Eighteen holes of a twentyhole drill program totaling 2,080 meters have been completed with significant intercepts shown in Table 1. The 366 FW Vein is located on 2 the eastern side of the 4900 Level as shown in Figures 1 and 2. Current information indicates the 366 FW Vein extends approximately 120 meters vertically and has a strike length of 180 meters. Width is variable and may be suited for mechanized mining. This drilling also provided additional confidence on the existing reserves for the 360 Vein. Results from this drilling will be included in the midyear Mineral Reserve and Mineral Resource update to be published in the third quarter. Both veins are open in both vertical directions and follow‐up drilling is anticipated to test their extent. | |
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