Equity Metals announces significant increase in resource estimate at Silver Queen project

Date:

The estimate utilizes a net smelter return cut-off at $100/t with updated metal pricing. The new numbers have a 2.6-million-tonne increase in indicated resources to 3.46 million tonnes averaging 189 g/t silver, 2.13 g/t gold, 0.24% copper, 0.6% lead, and 3.5% zinc (565 g/t silver-equivalent or 6.9 g/t gold-equivalent) containing: 21.0 million oz. of silver; 237,000 oz. of gold; 18 million lb. of copper; 48 million lb. of lead; and 267 million lb. of zinc.

This equates to 62.8 million oz. silver-equivalent or 767,000 oz. of gold-equivalent and a 1.1 million increase in inferred resources to 1.9 million tonnes averaging 162 g/t silver, 0.80 g/t gold, 0.23% copper, 0.5% lead, and 2.0% zinc (356g/t silver-equivalent or 4.3g/t gold-equivalent) containing; 10.3 million oz. of silver; 50,000 oz. of gold; 10 million lb. of copper; 23 million lb. of lead; and 84 million lbs of zinc. This equates to 22.5 million oz. silver-equivalent or 273,000 oz….

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...