We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Apogee Opportunities | TSXV:APE | TSX Venture | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
Hot Features
Premium
Apogee Silver Ltd. ("Apogee" or the "Company") (TSX VENTURE:APE) is pleased to
report assay results from the final 24 diamond drill holes of its silver oxide
drill program conducted at its Pulacayo silver deposit, located in Bolivia (See
Table 1 and Figures 1-4 below). In addition, the Company is pleased to report
the results from additional samples collected within the oxide zone from 20
diamond drill holes, completed as part of the sulphide zone drilling programs
during 2010 and 2011. The oxide drilling program was undertaken to evaluate the
potential for near surface silver oxide resources above the sulphide resources
at Pulacayo. All of the holes reported below were drilled from surface.
Highlights from the final set of drilling results from the oxide program include:
-- 11PUD245 intersected 15.0 meters grading 63.5 g/t silver, from 70.0 to
85.0 meters.
-- 11PUD247 intersected 10.0 meters grading 85.9 g/t silver from 101.0 to
111.0 meters.
-- 11PUD249 intersected 14.0 meters grading 163.4 g/t silver from 152.0 to
166.0 meters.
-- 11PUD262 intersected 33.0 meters grading 95.9 g/t silver from 45.0 to
78.0 meters.
-- 11PUD263 intersected 9.0 meters grading 78.7 g/t silver from 57.0 to
66.0 meters.
-- 11PUD264 intersected 11.0 meters grading 125.5 g/t silver from 67.0 to
78.0 meters, and 5.0 meters grading 104 g/t silver from 93.0 to 98.0
meters.
-- 11PUD266 intersected 8.0 meters grading 102.8 g/t silver from 86.0 to
94.0 meters.
Zinc and lead mineralization was also sampled and found to be present in all of
the holes, but may not be recoverable due to the oxidation. The silver oxide
drilling program was initiated in August 2011, following successful
metallurgical testing on composite samples from existing drill core at Pulacayo.
The metallurgical tests were designed to determine silver mineralogy in the
oxide zone and its amenability to recovery by conventional cyanide leaching.
Seventy-two hour leach tests with various reagent additions indicated that
silver dissolutions of 77% to 81% can be achieved (See Press Release dated
August 3rd, 2011).
Chris Collins, P. Geo., President of Apogee, stated, "We are very pleased with
the final set of assay results from the silver oxide diamond drilling program at
Pulacayo. These results are consistent with those results returned from the
first 23 holes reported earlier this year. Both results, coupled with the
positive results from oxide zone metallurgical testing undertaken last year,
offer excellent potential for an increase in silver ounces in resources at the
Pulacayo project, with the addition of oxide zone mineralization. We are looking
forward to the completion of the initial independent mineral estimate of oxide
zone resources associated with the Pulacayo deposit, which we expect to be
completed by June 2012."
Table 1 Summary of Significant Drill Hole Intervals
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Core
UTM E UTM N Az. Dip From To Length Ag Pb Zn
Hole No. (m) (m) (deg) (deg) (m) (m) (M)(i) g/t % %
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD243 740,472 7,744,683 180 -25 69.0 74.0 5.0 81.6 0.70 2.84
----------------------------------------------------------------------------
110.0 113.0 3.0 48.0 0.15 0.01
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD244 740,550 7,744,430 0 -25 143.0 153.0 10.0 50.2 0.76 1.18
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD245 740,550 7,744,653 180 -22 70.0 85.0 15.0 63.5 0.13 0.001
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD246 740,590 7,744,439 0 -15 7.0 10.0 3.0 66.7 0.84 0.01
----------------------------------------------------------------------------
124.0 127.0 3.0 72.7 0.08 0.004
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD247 740,700 7,744,403 0 -15 101.0 111.0 10.0 85.9 0.44 0.01
----------------------------------------------------------------------------
103.0 107.0 4.0 166.5 0.76 0.004
----------------------------------------------------------------------------
11PUD248 740,700 7,744,588 180 -30 No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD249 740,641 7,744,387 0 -15 32.0 36.0 4.0 30.5 0.18 0.01
----------------------------------------------------------------------------
138.0 140.0 2.0 35.0 0.24 0.01
----------------------------------------------------------------------------
152.0 166.0 14.0 163.4 0.21 0.28
----------------------------------------------------------------------------
11PUD250 740,796 7,744,450 0 -30 No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD251 740,500 7,744,676 180 -30 66.0 75.0 9.0 31.3 0.40 0.01
----------------------------------------------------------------------------
106.0 113.0 7.0 58.7 0.40 0.003
----------------------------------------------------------------------------
140.0 142.0 2.0 59.0 0.40 1.30
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD252 740,650 7,744,500 0 -25 51.0 56.0 5.0 30.6 0.05 0.001
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD253 740,750 7,744,400 0 -20 17.0 21.0 4.0 26.0 0.01 0.002
----------------------------------------------------------------------------
11PUD254 740,850 7,744,329 0 -20 53.0 55.0 2.0 59.5 0.22 0.01
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD255 740,850 7,744,385 0 -20 No significant assays
----------------------------------------------------------------------------
11PUD256 740,800 7,744,303 22 -25 89.0 93.0 4.0 21.8 0.29 0.004
----------------------------------------------------------------------------
127.0 132.0 5.0 43.8 0.49 0.002
----------------------------------------------------------------------------
11PUD257 740,900 7,744,320 0 -30 44.0 45.0 1.0 53.0 0.04 0.001
----------------------------------------------------------------------------
71.0 72.0 1.0 88.0 0.19 0.008
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD258 739,998 7,744,457 0 -16 No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD259 740,900 7,744,320 0 -20 48.0 51.0 3.0 19.7 0.12 0.003
----------------------------------------------------------------------------
66.0 70.0 4.0 21.5 0.15 0.01
----------------------------------------------------------------------------
75.0 77.0 2.0 34.0 0.09 0.01
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD260 740,950 7,744,300 22 -15 24.0 30.0 6.0 47.2 0.26 0.004
----------------------------------------------------------------------------
11PUD261 740,950 7,744,262 0 -22 76.0 78.0 2.0 123.5 0.83 0.01
----------------------------------------------------------------------------
98.0 102.0 4.0 69.5 1.24 0.003
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD262 741,000 7,744,261 22 -30 45.0 78.0 33.0 95.9 0.29 0.002
----------------------------------------------------------------------------
Incl. 45.0 53.0 8.0 192.4 0.68 0.003
----------------------------------------------------------------------------
Incl. 59.0 69.0 10.0 94.1 0.16 0.002
----------------------------------------------------------------------------
Incl. 75.0 78.0 3.0 103.7 0.08 0.003
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD263 741,050 7,744,370 202 -25 57.0 66.0 9.0 78.8 0.12 0.001
----------------------------------------------------------------------------
68.0 71.0 3.0 437.0 0.22 0.001
----------------------------------------------------------------------------
Incl. 68.0 69.0 1.0 1180 0.12 0.002
----------------------------------------------------------------------------
77.0 79.0 2.0 35.0 0.29 0.005
----------------------------------------------------------------------------
89.0 94.0 5.0 34.8 0.04 0.004
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD264 741,050 7,744,227 022 -25 67.0 78.0 11.0 125.5 0.22 0.005
----------------------------------------------------------------------------
Incl. 67.0 72.0 5.0 218.8 0.24 0.008
----------------------------------------------------------------------------
93.0 98.0 5.0 104.0 0.86 0.001
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD265 741,150 7,744,328 202 -20 51.0 57.0 6.0 360 0.64 0.01
----------------------------------------------------------------------------
Incl. 51.0 53.0 2.0 645 0.58 0.009
----------------------------------------------------------------------------
Incl. 54.0 57.0 3.0 277 0.85 0.01
----------------------------------------------------------------------------
67.0 70.0 3.0 28.0 0.08 0.006
----------------------------------------------------------------------------
72.0 76.0 4.0 108 1.13 0.002
----------------------------------------------------------------------------
----------------------------------------------------------------------------
11PUD266 741,100 7,744,210 022 -28 44.0 46.0 2.0 36.5 0.07 0.004
----------------------------------------------------------------------------
86.0 94.0 8.0 102.8 0.07 0.004
----------------------------------------------------------------------------
Incl. 88.0 89.0 1.0 489 0.23 0.005
----------------------------------------------------------------------------
101.0 104.0 3.0 66.0 0.66 0.53
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD142 740,580 7,744,360 020 -47 Oxide Zone sampled from
60.0 m to 85.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD149 740,669 7,744,323 022 -36 Oxide Zone sampled from
52.0 m to 77.0 m
----------------------------------------------------------------------------
54.0 56.0 2.0 38.0 0.24 0.007
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD150 740,668 7,744,322 022 -46 Oxide Zone sampled from
59.0 m to 76.0 m
----------------------------------------------------------------------------
60.0 63.0 3.0 64.0 0.34 0.005
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD155 740,6678 7,744,322 022 41 Oxide Zone sampled from
49.0 m to 80.0 m
----------------------------------------------------------------------------
56.0 60.0 4.0 21.0 0.30 0.003
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD163 740,835 7,744,330 022 -47 Oxide Zone sampled from
78.77 m to 142.57 m
----------------------------------------------------------------------------
78.77 82.0 3.23 444.0 6.65 0.004
----------------------------------------------------------------------------
Incl. 78.77 80.0 1.23 1065.0 15.40 0.01
----------------------------------------------------------------------------
89.0 96.0 7.0 45.0 0.25 0.001
----------------------------------------------------------------------------
122.0 125.0 3.0 49.0 0.39 0.87
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD164 730,835 7,744,330 022 -36 Oxide Zone sampled from
37.0 m to 101.0 m
----------------------------------------------------------------------------
64.0 68.0 4.0 140.0 1.10 0.005
----------------------------------------------------------------------------
Incl. 65.0 67.0 2.0 236.0 1.89 0.003
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD165 740,930 7,744,300 022 -35 Oxide Zone sampled from
34.0 m to 81.0 m
----------------------------------------------------------------------------
38.0 43.0 5.0 162.0 1.46 0.005
----------------------------------------------------------------------------
39.0 41.0 2.0 344.0 3.08 0.01
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD168 740,884 7,744,316 022 -48 Oxide Zone sampled from
48.0 m to 89.0 m
----------------------------------------------------------------------------
52.0 56.0 4.0 142.8 0.45 0.001
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD169 741,099 7,744,190 022 -28 Oxide Zone sampled from
54.0 m to 97.0 m
----------------------------------------------------------------------------
76.0 79.0 3.0 24.7 0.13 0.004
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD170 740,884 7,744,316 022 -38 Oxide Zone sampled from
43.0 m to 94.52 m
----------------------------------------------------------------------------
46.0 48.0 2.0 52.0 0.21 0.005
----------------------------------------------------------------------------
89.0 91.0 2.0 66.5 0.44 0.001
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD172 741,061 7,744,227 022 -48 Oxide Zone sampled from
27.0 m to 92.0 m
----------------------------------------------------------------------------
40.0 41.0 1.0 60.0 0.18 0.006
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD175 741,013 7,744,241 022 -35 Oxide Zone sampled from
30.0 m to 50.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD185 740,930 7,744,300 022 -45 Oxide Zone sampled from
47.0 m to 87.0 m
----------------------------------------------------------------------------
56.0 59.0 3.0 129.3 0.90 0.007
----------------------------------------------------------------------------
74.0 77.0 3.0 43 0.48 0.004
----------------------------------------------------------------------------
79.0 86.0 7.0 36.9 0.40 0.003
----------------------------------------------------------------------------
Incl. 83.0 86.0 3.0 54.0 0.28 0.003
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD186 740,766 7,744,297 022 -43 Oxide Zone sampled from
159.0 m to 193.0 m
----------------------------------------------------------------------------
160.0 163.0 3.0 62.3 0.32 0.02
----------------------------------------------------------------------------
168.0 180.0 12.0 83.6 0.79 0.006
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD188 740.539 7,744,399 020 -34 Oxide Zone sampled from
48.0 m to 56.0 m
----------------------------------------------------------------------------
52.0 54.0 2.0 27.0 0.08 0.004
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD195 740,641 7,744,387 022 -27 Oxide Zone sampled from
24.0 m to 41.0 m &
66.0 m to 96.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD197 740,689 7,744,375 022 -25 Oxide Zone sampled from
22.0 m to 55.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD200 740,689 7,744,375 022 -40 Oxide Zone sampled from
27.0 m to 54.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
PUD208 740,850 7,744,385 000 -47 Oxide Zone sampled from
5.0 m to 40.0 m
----------------------------------------------------------------------------
No significant assays
----------------------------------------------------------------------------
----------------------------------------------------------------------------
(i) True widths of the intersections listed above are estimated to range
between 80% and 95% of the core lengths provided in the table above.
(ii) Indicates an interval adjacent to historical mine workings.
Drill holes with the prefix 11 were completed between August 2011 and
December 2011 and targeted the oxide zone; Drill holes without the prefix 11
were completed between January 2010 and September 2011 and targeted the
sulphide zone and were sampled in December 2011 and January 2012 were
mineralization in the oxide zone had been previously noted.
Bold Intervals are interpreted to represent the Veta Tajo Structure.
Italic Intervals are interpreted to be transitional between the oxide and
sulphide zones.
The silver oxide diamond drilling program was carried out between August and
December 2011 and totaled 6,250 meters in 45 drill holes. In addition to these
drilling approximately 727 samples from within the oxide zone in 20 drill holes
which had been completed during previous sulphide zone programs at Pulacayo and
which had not been previously sampled where these holes intersected
mineralization in the oxide zone, and 250 surface channel samples from trenching
programs during the fall of 2011 also contribute to the oxide zone database.
Mercator Geological Services Limited have been contracted to prepare an
independent mineral resource estimate of the oxide mineralization at Pulacayo.
This mineral resource estimate is expected to be completed by June 2012.
Quality Control
The Company employs a quality assurance/quality control protocol on all aspects
of the diamond drilling, sampling and analytical procedures. The quality control
and all aspects of the exploration program are supervised by Apogee's
Exploration Manager Mr. Hernan Uribe, who holds a Masters of Applied Science in
Mineral Exploration from the Imperial College of Science and Technology, Royal
School of Mines, London, England. The scientific and technical information
presented in the press release has been reviewed and approved by Chris Collins,
P. Geo., President of Apogee, and a qualified person, as defined by NI 43-101.
For detailed project information please refer to Apogee's web site at
www.apogeesilver.com.
About Apogee Silver Ltd.
Apogee Silver Ltd. is a mineral exploration and development stage company listed
on the TSX Venture Exchange under the symbol APE. Apogee targets advanced
silver-zinc-lead projects in South America that demonstrate potential to be
developed to production. Currently its projects are located in the historic
silver producing regions of southwest Bolivia and northern Chile.
Its most advanced project is the 100% controlled Pulacayo-Paca project in
Bolivia, This project includes the property that covered the second-largest
silver mine in the history of Bolivia with a historical estimate of over 600
million ounces of past production.
Cautionary Note Regarding Forward-Looking Information. This press release
contains "forward looking information" within the meaning of applicable Canadian
securities legislation. Forward looking information includes, but is not limited
to, statements with respect to anticipated timing of the mineral resource
estimate, the potential effect of the silver oxide drill results, the future
financial or operating performance of the Company, its subsidiaries and its
projects, the development of and the anticipated timing with respect to the
Pulacayo-Paca project, the anticipated timing with respect to completion of the
diamond drill program, the current drill program, anticipated timing with
respect to the trial mining program and statements regarding exploration
prospects. Generally, forward looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: financing not being available at desired prices; general business,
economic, competitive, political and social uncertainties; the actual results of
current exploration activities; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; changes in project
parameters as plans continue to be refined; future prices of mineral prices;
failure of plant, equipment or processes to operate as anticipated; accidents,
labour disputes and other risks of the mining industry; and, delays in obtaining
governmental approvals or required financing or in the completion of activities.
Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
On Behalf of the Board, G. Scott Paterson, Chairman
To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/ape0507fig1.pdf.
To view Figure 2, please visit the following link:
http://media3.marketwire.com/docs/ape0507fig2.pdf.
To view Figure 3, please visit the following link:
http://media3.marketwire.com/docs/ape0507fig3.pdf.
To view Figure 4, please visit the following link:
http://media3.marketwire.com/docs/ape0507fig4.pdf.
1 Year Apogee Silver Ltd. Chart |
1 Month Apogee Silver Ltd. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
