SNS Silver Corporation (TSX-V: SNS) has released an update on its Emerald Lake Gold Project. The drill results were received from the geophysical survey which was completed as a precursor to the drill program. As the preliminary data has been received, a more detailed review continues.
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So far, the company has completed 11 drill holes out of a 17 hole program, and is about to collar the 12th. Most of the drill holes encountered mineralization and the 7th and 8th holes look particularly strong. Now that the sampling facility is in operation, the assays will be starting this week.
The ground based geophysics were tested using three components; a magnetic survey, an Induced Polarization (IP) survey, and an Electromagnetic survey (EM). The survey performed by JVX Ltd. was over a 1,100 meter strike length of the Banded Iron Formation which hosts the gold mineralization. The preliminary results provided several significant anomalies, to drill test.
SNS Silver Corporation (TSX VENTURE:SNS) is an exploration mining company, whose assets include a number of near term production projects in geopolitically secure Idaho, USA. The 100% owned Crescent Mine consists of 24 patented mining claims over approximately 350 acres.
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