Minco Silver Completed a Major Step Out Drill Program
05 Mai 2008 - 3:38PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX: MSV) is pleased to report the
completion of current step out drill program totaling 19,898 metres
in 72 holes, on its Fuwan Silver Project located in Guangdong,
China. This step out drill program has successfully extended the
Fuwan Deposit to the west, southwest, and to the south and also
extended the mineralization regionally along strike to the
southwest. The deposit remains open along strike to the southwest
and down dip to the south. The regional exploration program will
continue to follow the mineralization along strike to the southwest
along the Fuwan Silver Belt.
Previously, the Company has released the assay results for 60
holes from this drill program. The assay results of the final 12
holes (3,454.84 metres) are detailed in the table below:
--------------------------------------------------------------------------
Average Grade
Hole No. From To Intercept -----------------------------------
(m) (m) (m) Au(g/t) Ag(g/t) Pb(%) Zn(%)
--------------------------------------------------------------------------
FW0197 130.60 133.90 0.80 0.21 145.00 1.04 3.02
----------------------------------------------------------------
163.80 167.30 1.30 0.85 216.77 0.25 0.50
--------------------------------------------------------------------------
FW0207 NSR - -
--------------------------------------------------------------------------
FW0208 130.28 130.50 0.22 0.03 176.00 0.03 0.06
----------------------------------------------------------------
173.90 175.10 1.20 0.10 356.00 0.13 0.84
--------------------------------------------------------------------------
FW0210 NSR - -
--------------------------------------------------------------------------
FW0211 34.60 44.05 8.35 0.30 41.25 0.02 0.03
----------------------------------------------------------------
185.10 185.95 0.85 0.05 51.20 0.11 0.08
--------------------------------------------------------------------------
FW0212 41.52 45.93 1.91 0.06 111.12 0.03 0.15
----------------------------------------------------------------
58.70 62.10 3.40 0.03 48.53 0.02 0.10
----------------------------------------------------------------
68.35 68.70 0.35 0.21 362.00 0.28 0.08
----------------------------------------------------------------
246.68 247.20 0.52 0.04 61.00 0.04 0.15
--------------------------------------------------------------------------
FW0213 NSR - -
--------------------------------------------------------------------------
FW0214 402.64 403.84 1.20 0.25 154.00 0.61 4.17
--------------------------------------------------------------------------
FW0219 NSR - -
--------------------------------------------------------------------------
FW0220 75.90 77.00 1.10 0.03 62.00 0.01 0.03
----------------------------------------------------------------
79.80 81.90 2.10 0.32 50.52 0.03 0.07
----------------------------------------------------------------
86.10 94.05 7.95 0.12 203.86 0.13 0.11
----------------------------------------------------------------
121.80 124.90 3.10 0.11 180.87 0.08 0.59
----------------------------------------------------------------
135.80 136.10 0.30 0.03 97.00 0.04 0.23
--------------------------------------------------------------------------
FW0221 43.90 44.20 0.20 0.25 1079.00 0.18 0.44
----------------------------------------------------------------
57.40 57.60 0.20 0.07 616.00 0.67 0.30
----------------------------------------------------------------
119.87 120.05 0.18 0.86 3107.00 1.69 2.67
--------------------------------------------------------------------------
FW0223 83.10 84.00 0.90 0.02 155.00 0.14 0.84
--------------------------------------------------------------------------
True widths for the mineralized zones typically range from 75%
to 95% of the stated intercepts. Please visit the Company's website
at www.mincosilver.ca to view a map of the drill hole
locations.
Samples were prepared and assayed at PRA Kunming lab (Process
Research Associated Ltd.) with supervision of a certified BC
assayer. Silver was assayed with fire assay and AAS or gravimetric
finish. Assay results were further checked at PRA's Vancouver lab
as an external check. Samples have also been sent to ASL Chemex
Laboratories in Guangzhou, Guangdong Province, PRC for additional
check analysis. Reference materials were inserted by Minco staff
geologists as a further assay control.
Mr. Dwayne Melrose, P. Geo, Vice President Exploration for Minco
Silver, has reviewed this news release and is the Qualified Person
responsible for verification and quality assurance of the Company's
exploration data and analytical results.
About Minco Silver
Minco Silver Corporation (TSX: MSV) is a TSX company focusing on
the acquisition and development of silver dominant projects in
China. The Company is the exclusive vehicle for pursuing silver
opportunities in China pursuant to a strategic alliance agreement
between Minco Gold Corporation (TSX: MMM)(AMEX: MGH)(FSE: MI5) and
Silver Standard Resources (TSX: SSO).
ON BEHALF OF THE BOARD
Dr. Ken Z. Cai, Chairman & CEO
Certain terms or statements made that are not historical facts,
such as anticipated advancement of mineral properties or programs,
productions, sales of assets, exploration plans or results, costs,
prices, performance are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
and involve a number of risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated, expected or implied. These risks and uncertainties
include, but are not limited to; metals price volatility,
volatility of metals production, project development risks and
ability to raise financing. The Company undertakes no obligation
and has no intention of updating forward-looking statements.
The Toronto Stock Exchange does not accept responsibility for
the accuracy of this news release.
Contacts: Minco Silver Corporation Ute Koessler 1-888-288-8288
or (604) 688-8002 Email: ir@mincomining.ca Website:
www.mincosilver.ca
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