Silver bonanza at Minefinders’ Real Viejo

Minefinders (MFL-T) has hit high-grade silver while drilling at its Real Viejo project, about 30 km west of Nogales in Sonora state, Mexico.

Five holes intersected multiple silver intercepts along a strike length of about 400 metres. Highlights include 1.3 metres grading 634 grams silver per tonne, as well as 516 grams silver over 1.5 metres in an intersection averaging 158.7 grams over 27.5 metres, and in the same hole, 12.6 metres grading 131.8 grams silver at a down-hole depth of 16 metres.

Another hole returned 9 metres grading 64 grams silver, including 1.5 metres grading 182 grams.

Silver is associated with quartz stockwork veining in felsic and intermediate volcanic rock with local sedimentary horizons, adjacent to a diorite plug intruded by felsic dykes. The system outcrops over an area 300 metres wide by 600 metres long.

One hole primarily intersected a diorite plug and failed to intersect significant mineralization. In another, anomalous zinc was associated with the silver.

The Northern Sonora property consists of 10 concessions covering 150 sq. km., and the Real Viejo prospect is near the centre of these. Previous small-scale mining is indicated by the presence of small pits and underground workings.

The company operates this project through its Mexican subsidiary, Minera Minefinders.

Drilling is also under way at Minefinders’ Dolores deposit in Chihuahua state.

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