“We are excited to see nice intervals of oxide gold mineralization at and near the surface in this latest drill program on the north end of the Scarlet target,” says VP Turner.
The President of New Pacific Metals joins GoldSeek TV to discuss the inaugural mineral resource estimate for Carangas which shows a huge Silver-Gold deposit with over a 1/4 Billion Silver Ounces! Over 1.8 million Gold Ounces along with Lead, zinc, copper..
Will the gold stocks and silver put in the powerful follow through I want to see? That would turn the morning star formations candlesticks into serous launchpads. Technical stock chart updates on $GDX, $GDXJ, $JNUG, $SILJ ..
Carangas Project assay results indicate a thick zone of gold mineralization beneath a shallow silver horizon measuring approximately 1,000 m long, 800 m wide, and up to 200 m thick.
Prismo intersected bonanza grade intervals at the Palos Verdes project, with the best interval being a 0.5-meter sample assaying 11,520 grams per tonne silver equivalent (102 g/t gold and 3,100 g/t silver).
“We say in exploration, ‘If you want to hunt for elephants, you have to go to elephant country,” Lehmann says. “Bolivia is elephant country for silver and gold.”
