SWG takes aim at Liam

Vancouver — Southwestern Resources (SWG-T) has launched a 2,000-metre drill program on the Liam silver property in southern Peru.

The program is designed to test diatreme breccias associated with high-sulphidation style alteration identified over an area measuring 4 by 2.5 km. The first holes will be collared on the Cerro Crespo target, which is marked by a flat-topped ridge extending for 600 metres in a northwest-southeast direction. The ridge is strongly silicified and made up of several types of breccias containing vuggy silica, alunite, barite and hematite.

Preliminary bottle-roll metallurgical tests on surface material yielded a 91% recovery rate for gold within four hours and 76.2% recovery for silver within 24 hours in one sample, and 91.6% for gold in eight hours and 65.7% for silver in 24 hours in another. The head grade for the former was 310 grams silver and 0.53 gram gold per tonne; for the latter, it was 241 grams silver and 0.33 gram gold.

Twelve holes with an average depth of 150 metres are planned.