FIRST PHASE DRILL PROGRAM AT ADVANCED EMERALD LAKE GOLD PROJECT
posted on
Dec 02, 2009 10:44AM
Coeur d' Alene mining district - Big Creek Canyon, Idaho
12/2/2009 8:34:16 AM ET |
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SNS SLIVER TO INTITIATE ITS FIRST PHASE DRILL PROGRAM AT ADVANCED EMERALD LAKE GOLD PROJECT | |
Vancouver, B.C. December 2nd, 2009– SNS Silver Corporation (“SNS” or the “Company”) (TSX-V: SNS) has begun an initial program that consists of a land survey to tie together all historical terms of reference of the geological setting at Emerald Lake The company has also retained a Drilling company to mobilize an Atlas Copco drill that that is scheduled to arrive at the Emerald Lake site on or around the 5th of December The land survey will be immediately followed by drill target selection for the first 3500 Meters of diamond drilling. Holes will be drilled to an approximate depth of 300 Meters. SNS will utilize these results to identify drill targets for the latter half of the campaign, also consisting of approximately 6500M of drilling. SNS will be targeting previously unexplored extensions of the Emerald Lake project that have been deemed to have potential wide widths of high grade mineralization. The Drill crew will be rotating 3 shifts, 24 hours per day in order to expedite the first phase and rapidly produce marketable results. In addition, SNS has started database building to place all historic data into useable form, resulting in the construction of a 3 dimensional drill hole model. This will enable SNS to move towards its first resource estimate. David Greenway, President of SNS states: I am pleased to have Phil Brown and Steve Mlot to work with our drill team as their knowledge of the historical exploration at Emerald Lake will be invaluable as we seek to define the highest priority drill targets and conduct the most efficient exploration campaign possible. There is a general consensus among past Emerald Lake explorers that the project has the potential to reveal a world class resource. The time has come to confirm this view “ SNS Silver Corporation (TSX VENTURE: SNS) is a junior resource company, whose assets include a number of advanced exploration and near term production precious metals projects in geopolitically secure Idaho, USA and Ontario, Canada. The company is currently advancing its 100% owned Crescent Silver project in Idaho towards a 2010 production decision. In addition, SNS has initiated exploration at its recently acquired gold exploration project at Emerald Lake Ontario. This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. SOURCE: SNS Silver Corp. SNS Silver Corp. David Greenway (604) 689-0896 or Toll Free: 1-800-663-4567 Email: dg@snssilver.com Website: www.snssilver.com |