Western Copper Holdings (WTC-T) is set to resume diamond drilling on its central Mexican project known as El Salvador.
Situated northeast of the city of Zacatecas, in the state of the same name, the project is a joint venture with Teck (TEK-T).
In November 1996, the partners discovered a high-grade showing of volcanogenic massive sulphides (zinc, copper, lead, gold and silver) at the 225-sq.-km property.
Subsequent diamond drilling in February returned a 13.2-Metre interval in hole 12, which averaged 1.98 grams gold and 196.1 grams silver per tonne, as well as 1.04% copper, 1.06% lead and 5.99% zinc.
The deposit is believed to extend to the west and north, and the drill program is designed to test the deposit’s extent.
The massive sulphide horizon appears to be flat-lying and is about 60 to 76 metres below surface, Western Copper says.
Meanwhile, Western Copper is exercising an option granted by Kennecott to acquire eight claim blocks covering 1,800 sq. km in Zacatecas state, known as the Faja de Plata project.
Western hopes to begin exploring Faja de Plata by launching a diamond drill program on the Nieves property in late June. Drilling will offset a single Kennecott drill hole that encountered 2 metres (from 108 to 110 metres) grading 367 grams silver, followed by 6 metres of 16 grams silver, followed by 2 metres grading 795 grams.
The entire intercept averaged 240 grams silver per tonne.
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