Categories: Coin Shop Blog

Cyprium Mining Announces Assay Results from the Potosi Silver Mine

Cyprium Mining (TSXV:CUG) has announced the results from the nine underground samples as part of its ongoing exploration program of the Tunel body of the Potosi silver mine in Mexico.

As quoted in the press release:

The results announced today are part of the first phase of work, exploration and evaluation of the mineralization on levels 2 to 4 of the Potosi mine near the Potosi No. 3 shaft, termed the Tunel body. Access to the area is via the portal of the main tunnel from the surface on level 0 and various irregular workings that connect to the lower levels.

The Company has recently completed the rehabilitation the Potosi No. 3 shaft with a winch to facilitate further exploration in the area using sampling as well as drilling by long-hole methods. Drilling and blasting using company equipment is also planned in this area. Cyprium has completed some preliminary mapping and surveying and compilation of historical data is in progress.

Mineralization in the area is exposed in shallowly south dipping mantos in stopes on levels 4 and 3 as well as in steeper chimneys that possibly connect the mantos. Mapping and sampling is designed to determine the controls on mineralization to direct future exploration.The main exposures of mineralization studied to date are in a large stope on level 4.

Click here to read the full press release.