The Vancouver Stock Exchange has taken exception to statements made by Rex Silver Mines about its Scoria property in northern Arizona. The vse has refused to accept filings or disclosures from any listed companies using two U.S.-based industrial laboratories employed by Rex Silver: dbs Mineral Research and Beckman Industrial Labs.
In recent months, the vse and superintendent of brokers have taken to task several companies making what appear to be flagrant claims about their properties, including Rex Silver.
Conventional fire assay techniques failed to yield any appreciable amounts of precious metals but the two U.S. labs did. They used Induced Coupled Plasma Spectrophotometry (icp) and dc Plasma Emission Spectroscopy.
In a news release put out last November, Rex Silver ran a table of assay results from the two labs which listed what apparently were high grade results for gold, platinum and several other metals measured in troy ounces.
Subject to a financing, Rex Silver says it will implement the recommendations of its assay consultants, Behre Dolbear Riverside, another U.S. firm. Bohre Dolbear has recommended that “standardized and consistent procedure be developed for assaying samples from the property.”
It also recommended retaining a “recognized analytical chemist” to review the initial assaying program and methodologies plus a resampling of the property by an independent consultant, and additional assaying.
Dependent on financing, Rex says Behre Dolbear’s recommendations will be implemented under the supervision of hdd Resource consultants, headed by Dr H. Drechsler who recently resigned from the board of Rex Silver.
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