SilverCrest says Mexican mine a success

SilverCrest Mines Inc. (TSX-V: SVL) is a Mexican precious metals producer with headquarters based in Vancouver, BC. SilverCrest’s flagship property is the 100%-owned Santa Elena Mine, which is located 150km northeast of Hermosillo, near Banamichi in the State of Sonora, México. By Deborah Sterescu Proactive Investors (UK) Vancouver-based SilverCrest Mines (CVE:SVL) (NYSE MKT:SVLC) (AMEX:SVLC) released Tuesday results from its drill program at the Santa Elena mine in Sonora, Mexico, with the company noting the campaign has so far been successful in terms of the defined objectives. Gold and silver values in the SERCP and SE series of holes ranged from 0.13 grams per tonne (g/t) to 8.6 g/t gold and 17.4 to 244.0 g/t silver. Mineralized intervals ranged from 6.0 to 52.0 metres. The most significant intercepts were 52 metres grading 2.19 g/t gold and 95.5 g/t silver in hole SERCP-9V, and 16 metres grading 6.18 g/t gold and 103.4 … Continue reading