Sunday, November 18, 2012

SMM.v Silver Mountain goes unnoticed

It's funny no one is paying any attention. This one deserves to be on your watch list. The entire area needs to be examined in detail. I've been watching for about a year and I like what they are doing. I think that a 3 year horizon for this stock would be appropriate. I'll be calling them again soon.

NOVEMBER 15, 2012, Calgary, Alberta – Silver Mountain Mines Inc. (TSX-V:SMM) ("Silver Mountain" or the "Company") is pleased to report on the remaining 32 drill holes completed as part of the Company’s 2012 diamond drill program on its 100% owned Ptarmigan Property near Radium, British Columbia.  The program successfully identified additional high grade, silver-bearing vein and semi-massive to massive pyrite-enriched, manto-style mineralization.

The most significant mineralized zones tested by the 2012 drill program were in the Ptarmigan Mine area and a mineralized fault structure in the East Ptarmigan area.  Drill result highlights from the Ptarmigan Mine area include 1,576 grams per tonne (g/t) silver (Ag) and 0.74 g/t  gold (Au) over 0.60 metres (m) in PT 12-72,  also 433g/t Ag and 0.54 g/t Au over 1.40 m including 666 g/t Ag and 0.79 g/t Au over 0.90 m in PT12-74, and 9,680 g/t Ag, 8.48 g/t Au and 4.22% copper (Cu) over 0.30 m in PT12-75 (Section 3).  Drill result highlights from the East Ptarmigan zone include 119 g/t Ag and 0.63 g/t Au over 4.43 m in PT12-84  (Section 6) and 168 g/t Ag and 12.6% lead (Pb) over 4.05 m in PT12-86 (see Long Section 2 - East Ptarmigan Area).

1 comment:

  1. I bought and sold some in 2012 and still have it on my watchlist. I agree...interesting.