Drilling at the Ocampo silver-gold project in Mexico continues to yield encouraging results for
Among the latest holes drilled is UGD-13, which returned 633 grams silver and 10.88 grams gold per tonne over 3 metres (starting at a down-hole depth of 37 metres), whereas hole 14 yielded 267 grams silver and 4.67 grams gold over 3 metres (starting at 8 metres). Both intersections are in the Brenda area and are part of wider, lower-grade halos of mineralization.
Results from the Belen South, Santa Ana and El Penol structures were less spectacular, ranging from 5 to 99 grams silver and 0.46-5.14 grams gold over 1.52-15.24 metres. Nonetheless, Gammon Lake says they highlight the property’s underground potential.
Gammon Lake is drilling from underground workings to expand the resource base and complete a prefeasibility study under the direction of Watts, Griffis & McOuat. The resource at Ocampo stood at 21.7 million tonnes grading 1.44 grams gold and 57 grams silver per tonne in the measured and indicated category, plus 5.8 million inferred tonnes of 1.7 gram gold and 86 grams silver.
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