The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver.
Silvercrest Metals Mining News
The company intersected high grade silver and gold mineralization along a 1.5 km strike length at Babi Sur.
SilverCrest is “an attractive takeout candidate for a mid-tier gold and/or silver producer.”
The latest results from a phase three infill drill program come from two of 13 new infill holes at the Area 51 zone of the project’s Babicanora vein.
The company plans to use the proceeds for the exploration and development of the Las Chispas silver-gold project in Mexico.