$SHVLF Exploration and Development
At depth in the San Martin area the Guadalupe vein was found in late 2007. This vein is sub parallel with the San Martin segment is narrower, more vein like and somewhat higher grade than the San Martin structure at the same elevation. Drilling and lateral development are being used to prove reserves in this vein which indicates the potential for other similar structures.
Guadalupe Vein
Discovered in late 2007, this vein is a sub-parallel vein to San Martin located below level 8. Drilling and lateral development are being used to prove reserves in this area which indicates the potential for other similar structures.
Sam Vein
Discovered in 2009, the SAM Vein was encountered on level 5 & 6 in Area 29. This vein is further west than previous ore bodies and may have been deposited along an unconformity in limestone, it strikes north where it has now been found in contact with the area 30 fault and dips up to the west.
Pilotos West
Discovered in 2011 the western fault offset of Pilotos ore body and mined for a year at 3,000-5,000 tons per month with grades of 5-20 g/t. This area is limited in a real extent by faulted volcanic rocks and mining has now extracted most of these deposits with only small pillars remaining.
San Martin Footwall
Discovered in 2012 this area has been found to host several veins 1 - 5m thick generally dipping 20 degrees to the east and striking north/south. It has been found within 50 meters of main in the footwall of San Martin structure in the footwall which was previously thought to be exclusively shales. To date at least 4 veins have been found above level 4 in the northeast of San Martin and possibly 2 veins above level 2 further south. Some of the veins are vertical and some are dipping around 40 degrees. In general most are striking parallel to San Martin breccia.
At depth in the San Martin area the Guadalupe vein was found in late 2007. This vein is sub parallel with the San Martin segment is narrower, more vein like and somewhat higher grade than the San Martin structure at the same elevation. Drilling and lateral development are being used to prove reserves in this vein which indicates the potential for other similar structures.
Guadalupe Vein
Discovered in late 2007, this vein is a sub-parallel vein to San Martin located below level 8. Drilling and lateral development are being used to prove reserves in this area which indicates the potential for other similar structures.
Sam Vein
Discovered in 2009, the SAM Vein was encountered on level 5 & 6 in Area 29. This vein is further west than previous ore bodies and may have been deposited along an unconformity in limestone, it strikes north where it has now been found in contact with the area 30 fault and dips up to the west.
Pilotos West
Discovered in 2011 the western fault offset of Pilotos ore body and mined for a year at 3,000-5,000 tons per month with grades of 5-20 g/t. This area is limited in a real extent by faulted volcanic rocks and mining has now extracted most of these deposits with only small pillars remaining.
San Martin Footwall
Discovered in 2012 this area has been found to host several veins 1 - 5m thick generally dipping 20 degrees to the east and striking north/south. It has been found within 50 meters of main in the footwall of San Martin structure in the footwall which was previously thought to be exclusively shales. To date at least 4 veins have been found above level 4 in the northeast of San Martin and possibly 2 veins above level 2 further south. Some of the veins are vertical and some are dipping around 40 degrees. In general most are striking parallel to San Martin breccia.
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
