Oro Silver Resources Ltd.
TSX VENTURE: OSR
Feb 11, 2010 08:00 ET
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 11, 2010) – Oro Silver Resources Ltd. (“Oro Silver or the “Company”) (TSX VENTURE:OSR) has completed clay, geophysical, structural geology, and satellite image surveys on its El Compas property within the Fresnillo Trend near Zacatecas, Mexico(see Map 1). These surveys suggest significant potential exists for discovery of high-grade silver below the gold bearing zones at the mine site. These studies have indicated some significant findings:
- A compilation of the 2009 survey results indicate high-grade silver may exist below the gold bearing zones at El Compas, El Orito, and the northwest trending Escuadra Fault (this theory is supported by a drill hole completed by Hochschild Mining in 2006 which intersected 703 g/t silver and 4.1 g/t gold over 0.9m at 425m below surface).
- Geological studies at El Compas show epithermal style mineralization similar to other veins systems in the Zacatecas region, including MAG Silver’s Juanicipio Project (resource: 238 Million ounces silver).
- Clay studies indicate that mineralogy can be used at El Compas for target vectoring gold and silver veins.
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