The company said that the discovery of the high-grade silver ore shoots in the Bateas Vein is a strong validation of the continued exploration potential in this historic district.
Underground development is in-progress at the Bateas vein with the aim of incorporating the new ore shoots into the production plans for 2011.
The new high-grade silver ore shoots were discovered through the extension of exploration and development drifts from current production areas on the 10th and 12th levels of the Bateas Vein.
The exploration drifts have now cross-cut the strike width of the ore shoots and are being advanced to the northeast to explore for additional high-grade ore shoots.
Vertical chimneys 308N and 310N have been completed between level 12 (4500m elevation) and level 10 (4620m elevation) confirming the vertical continuity of the high-grade shoots.
