Excalibur Resources: 250tpd plant with commercial production in 2014
2014 Gold Producer (dividend planned) in Pinos Bonanza Gold District, Zacatecas, Mexico
Message: Focus on Gold AND Silver
Silver breaks out and is heading towards $ 40, next stop $ 50 ?
Not only is the soon-to-be-mined Catanava Project "Silver rich" (with focus on Gold), but XBR´s Silver King Property hosts quite some interesting Silver grades, too. We´re looking at 200+ gpt Silver here !
http://www.excaliburresources.ca/s/SilverKing.asp
Resources
No National Instrument 43-101 compliant technical reports have yet been completed on the Silver King Property. A number of historical resource estimates have previously been documented for the property by four independent observers between 1952 and 1983.
These reserve/resource calculations are presented in the table below *
|
|
Status of Reserves or Resources |
Short tons |
Silver |
Copper |
|
Warning, 1952 |
Not given |
150,000 |
4.0 |
1.0 (width 2.9 ft) |
|
(original document not available) |
||||
|
Lorimer, 1967 |
Proven |
82,700 |
8.6 |
2.1 |
|
Probable |
36,000 |
12.8 |
1.8 |
|
|
Wiswall, 1980 |
Proven |
54,000 |
6.8 |
1.8 |
|
Probable |
4,200 |
4.5 |
1.4 |
|
|
Possible |
9,900 |
8.5 |
3.4 |
|
|
Aylward, 1983 |
Proven |
75,115 |
7.35 |
1.7 |
|
Probable |
Not estimated |
* MineQuest Exploration Associates Ltd, Robert Longe, P.Eng. May 1998.
FANTOMAS
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