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Message: Re: McFualds Drilling Crews
5
Dec 03, 2010 11:35AM

Good point mynot. Seems to be full go ahead. Surveying a big area but nice to see drilling going back to #3, 5 and 6.

This is from KWG;

McFaulds #3 (31 holes drilled to date, 10,169 meters)

Nov 8 2004: McF-04-57 18.8 meters of 8.02% Copper

Oct 27, 2003: Mc-03-18 discovery hole intersected multiple zones, enriched in Zinc, averaged 4.83% Zn over 25.75 meters (also 0.51% Cu)

May 11, 2004: McF-04-41 8.0 meters of 6.5% Copper and 3.3% Zinc

March 18, 2004: McF-04-21 13.8 meters of 5.50% Copper

This is from UC;

Hole UC-09-02 tested a positive, "U" shaped, magnetic anomaly and coincident EM conductor located on claim 1192082, in the vicinity of McFaulds #6 Volcanogenic Massive Sulphide ("VMS") occurrence. The hole cut 0.8 metres (148.3 to 149.1 m) of mainly massive magnetite, sandwiched amongst 20 cm. wide massive pyrrhotite with chalcopyrite and minor pyrite intervals. The 0.8 metre interval graded 2.4% copper, 0.13% Zn and 3.4g/t Ag. The sulphide mineralization was found to be at the contact between a volcanic lapilli tuff and the volcanoclatic sediments (chert and cherty sediments). Due to the size and strength of the EM anomaly in this area, a larger sulphide section was anticipated. The area warrants another drill hole if a strong EM anomaly can be located along the contact between the volcanic and volcanoclastic sediments.

Wonder if something behind the scenes prompted this very agressive drill program. Positive news I would think.

Also like the turn out of product of plus 100K from La Yesca condsidering they are still playing with run rates and efficiency. Extraction will be very interesting once the run rate is up to where Jim wants it and all is running smoothly.

Another big plus is the continued support from Mexican Authorities both financial and geological. Not bad silver numbers, no gold but still much to find and seek. Looks like drilling will continue.

Kudos Jim. Will be an interesting year and I would expect we see closure of the PP very soon and renewed interest and bump up of the SP.

Cheers.

B.

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