Southridge Announces Bonanza Gold & Silver Intersected in Drilling at the Gran Cabrera Mine in Cinco Minas, Mexico
07 12월 2012 - 10:30PM
Marketwired
Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the
"Company") is pleased to announce the completion of the drill
program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes
totaling 3,246m have been completed at Gran Cabrera Mine and
bringing the drill density to a higher level which is more suitable
for a mineral resources estimation.
Assay results have been received for the first sixteen holes
from Gran Cabrera and continue to give outstanding results.
Analytical Highlights of the Phase I diamond
drill program:
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ESTIMATED
HOLE TRUE GOLD SILVER
NUMBER FROM (m) TO (m) METERS WIDTH (m) (g/t) (g/t)
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GCLP-104 62 89 27 26.3 3.8 363
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GCLP-121 252 274 22 20.5 2.6 267
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GCLP-133 140 163 23 21.6 5.9 684
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GCWK-22 167 185 18 16.9 8.9 528
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GCWK-26 236 249 13 11.4 6.2 728
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GCWK-29 88 107 19 17.6 5.8 1,230
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GCWK-34 124 146 22 19.8 3.9 915
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Additional drill results are being compiled and will be released
as they become available.
For further information on the Company's Gold and Silver
projects, visit our website: http://www.southridgeminerals.com.
Southridge Investors can access the following Southridge
Minerals social media channels:
YouTube Cinco Minas Mexico Project: http://youtu.be/R6P8oght4Ik
http://youtu.be/o2LfLaSu8ww
Facebook:
http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466
Twitter: http://twitter.com/SouthridgeSRGE
About Southridge Minerals, Inc. (SRGE) Southridge Minerals, Inc.
is a U.S.-based mineral exploration company dedicated to acquiring
and developing mineral resources in geologically permissible and
politically stable areas of the world. The Company seeks out early
stage opportunities with good mineralization indicators that
exhibit significant blue-sky potential. Southridge pursues and
advances these projects that are or will be of interest to mid-size
and major producers. By forming alliances on individual projects,
the Company expects to develop its interests in mines operated by
its partners, allowing it to continue to build value through
continued exploration. Southridge is currently focused on projects
in Mexico.
What sets Southridge apart is its vast experience in Mexico and
the knowledge of the geological conditions and formations
pertaining to known large gold deposits that have received very
little attention to date. This comparative advantage, combined with
a specific geographical and mineral focus, will allow for more
efficient asset and income growth in the future for the benefit of
shareholders' investments.
Forward-Looking Statements Although the Company believes that
the forward-looking statement of beliefs, plans, expectations, and
intentions contained in this press release are reasonable, there
can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consider all
of the information set forth herein and should also refer to the
risk factors disclosed in the Company's published current and
periodic reports.
Southridge Enterprises Inc. Investor Relations Tel. (214)
699-6255 Email: info@southridgeminerals.com
http://www.southridgeminerals.com http://www.srge.mobi
Southridge Enterprises (CE) (USOTC:SRGE)
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Southridge Enterprises (CE) (USOTC:SRGE)
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