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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: ECU Silver Finds New Mineralization in Upper Levels of the Santa Juana Mine
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ECU Silver Finds New Mineralization in Upper Levels of the Santa Juana Mine
8
tdw747
Aug 19, 2011 10:18AM
Re: ECU Silver Finds New Mineralization in Upper Levels of the Santa Juana Mine
3
loosefer
Aug 19, 2011 10:21AM

From today's news release:
"A cross-cut was driven from that ramp to test the "A" veins package and the average following assay results were obtained: 1.18 g/t gold, 307 g/t silver, 0.33% lead, 0.36% zinc and 0.31% copper over a total drift length of 24 meters (79 feet)."

Calculations using today's rough prices:
1.18g Au @$1850/oz.= $75.25
307g Ag @$41/oz. = $434
0.33% Pb @$1.04/lb. = $7.50
0.36% Zn @$0.98/lb. = $7.75
Total $/ton = $524

Nice indeed. Cheers.

7 Recommendations
Icon president Friday's news release plus a 2,000 tpd mill
24
argoz
Aug 21, 2011 03:34PM
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