Sunset Cove Mining (TSXV:SSM) discovered five previously unknown historic adits in the Carolay vein at its Carolay polymetallic silver property in Peru.
“These adits are important to Sunset Cove because they allow observation, mapping and sampling of the main Carolay Vein over many different elevations and at significant distances from the main underground development. The adits and associated underground lateral drifts provide access to primary vein mineralization that is not affected by surface weathering and therefore will provide a more reliable assessment of the overall true grade of the main Carolay Vein,” the company said.
Cream Minerals (TSXV:CMA,OTCQB:CRMXF) has engaged Watts Griffis and McQuat (WGM) to co-author a revised NI 43-101 compliant technical report and to review the company's technical report, which was filed on SEDAR on October 2, 2012. As part of the review, WGM will address concerns raised by the BC Securities Commission as they relate to certain aspects of the report. The company anticipates that the revised version will be completed by March 2013.
Securities Disclosure: I, Michelle Smith, do not hold equity interests in any of the companies mentioned in this article.Silver Fails to Recover from Fall Below $34 from Silver Investing News