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This is an older article but just goes to show wha

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Post# of 9903
(Total Views: 492)
Posted On: 10/11/2017 5:12:41 PM
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Posted By: energy_wave
Re: pigbilly #8702
This is an older article but just goes to show what was found before SRGE took over...

Tumi Resources‘ (TM-V) Cinco Minas project in Jalisco state, includes the historic underground El Abra high-grade silver-gold mine, and other prospective targets along a 5-km belt. The El Abra mine, first developed in the early 1920s, was shut down in the 1930s. The property lay dormant until July 2002 when Tumi joint-ventured it.

Drilling by Tumi intersected bonanza grades that, combined with other drill results, enhanced the project’s open-pit potential.

An independent resource estimate for Cinco Minas, based on three phases of drilling in 2003 and 2004, pegs the indicated resource at 2.27 million tonnes of 171.9 grams silver containing 12.5 million oz. silver and 1.22 grams gold containing 89,100 oz. gold; and inferred resources of 400,000 tonnes of 137.9 grams silver containing 1.8 million oz. silver and 1.07 grams gold containing 13,800 oz. gold.

The Gran Cabrera, located about 20 km northwest of Cinco Minas, includes more than 20 old high-grade silver-gold mines.

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