Pacific Comox makes progress at Mabel (October 03, 2008)

Pacific Comox Resources (PCM-V) has completed a 7,000-metre drill program at its Mabel gold-silver project in Sonora state, Mexico, and some of the results have started to come in.

Pacific has also begun a resource estimate which it hopes to have out by the end of the year.

After that the company will begin a prefeasibility study to assess the viability of a 1,100 tonne per day heap leach or vat leach operation

“Mabel should be easy to put into production and to permit,” said company president Don Empey in a recent interview. “It’s small and the metallurgy is straight forward.”

The property has many outcropping quartz veins that are mineralized.

Pacific has received results from 46 holes, most of which were drilled less then 20 metres deep on a 300-metre-squared area.

Highlights include a 5 metre intersection grading 3.1 grams gold per tonne and 128 grams silver, 4 metres grading 4.79 grams gold per tonne and 87 gram silver and 6 metres grading 4.11 grams gold and 94 gram silver.

The program was intended to test the near surface mineralization on a more closely spaced basis. Metallurgical work has already begun on a 100 kg sample taken from the areas where drilling intersected mineralization.

The company is waiting for the rest of the results to come in. Of the 119 mineralized holes drilled in two areas of the property, the average drill intercept returned 1.6 grams gold per tonne and 60 grams silver over 4.4 metres, with mineralization starting at an average of 5.6 metres from surface.