ilver Quest Expands Mineralization on Capoose Project, BC
7/29/2010 4:00:58 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jul 29, 2010 (MARKETWIRE via COMTEX News Network) --
Silver Quest Resources Ltd. (TSX VENTURE: SQI) (the "Company") is pleased to report assay results for diamond drill holes D-10-113 and D-10-115 recently completed on the Capoose Project ("Capoose") located in North Central British Columbia. Drill holes D-10-113 and D-10-115 have confirmed that precious and base metal mineralization extends to the southeast 100 metres (m) beyond the current NI 43-101 inferred mineral resource of 1.32 million ounces of gold equivalent or 53 million tonnes at a grade of 0.77 grams per tonne (g/t) gold equivalent, including 699,999 ounces of gold at a grade of 0.41 g/t and 41.1 million ounces of silver at a grade of 23.93 g/t (see news release dated March 4, 2010). Mineralization remains open in all directions and at depth.
Silver Quest has completed 26 drill holes totaling 7,400 m of drilling in 2010 and has shipped approximately 3,700 core samples to the assay lab for analysis. Under the current exploration program, the Company plans to complete 10,000 m of drilling in approximately 35 drill holes at Capoose. The property is located 185 km southwest of Prince George, British Columbia. For further details and property maps, please visit the Company's website www.silverquest.ca.
Drill holes D-10-113 and D-10-115 were designed to follow-up the results from drill hole D-09-100, which was previously the southeastern-most hole within the Capoose deposit. D-09-100 intersected 1.99 g/t gold and 23.1 g/t silver across 30 m, from 99 m to 129 m depth (see news release dated October 20, 2009). Drill holes D-10-113 and D-10-115 were drilled to the west at minus 60 degrees and were collared 50 m and 100 m, respectively, south of D-09-100.
7/29/2010 4:00:58 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jul 29, 2010 (MARKETWIRE via COMTEX News Network) --
Silver Quest Resources Ltd. (TSX VENTURE: SQI) (the "Company") is pleased to report assay results for diamond drill holes D-10-113 and D-10-115 recently completed on the Capoose Project ("Capoose") located in North Central British Columbia. Drill holes D-10-113 and D-10-115 have confirmed that precious and base metal mineralization extends to the southeast 100 metres (m) beyond the current NI 43-101 inferred mineral resource of 1.32 million ounces of gold equivalent or 53 million tonnes at a grade of 0.77 grams per tonne (g/t) gold equivalent, including 699,999 ounces of gold at a grade of 0.41 g/t and 41.1 million ounces of silver at a grade of 23.93 g/t (see news release dated March 4, 2010). Mineralization remains open in all directions and at depth.
Silver Quest has completed 26 drill holes totaling 7,400 m of drilling in 2010 and has shipped approximately 3,700 core samples to the assay lab for analysis. Under the current exploration program, the Company plans to complete 10,000 m of drilling in approximately 35 drill holes at Capoose. The property is located 185 km southwest of Prince George, British Columbia. For further details and property maps, please visit the Company's website www.silverquest.ca.
Drill holes D-10-113 and D-10-115 were designed to follow-up the results from drill hole D-09-100, which was previously the southeastern-most hole within the Capoose deposit. D-09-100 intersected 1.99 g/t gold and 23.1 g/t silver across 30 m, from 99 m to 129 m depth (see news release dated October 20, 2009). Drill holes D-10-113 and D-10-115 were drilled to the west at minus 60 degrees and were collared 50 m and 100 m, respectively, south of D-09-100.
