Seeking Alpha

Investorideas.com's  Instablog

Investorideas.com
Send Message
www.InvestorIdeas.com is a meeting place for investors and public companies in leading sectors. Find investing ideas, news and research for biotech stocks, tech and mobile stocks, mining stocks, oil and gas, water stocks, renewable energy, beverage stocks, defense stocks, nanotech and more on... More
My company:
Investor Ideas
My blog:
Investor Ideas Newswire
  • Mining Investor Trading Alert: SilverCrest Mines (TSX-V: SVL ,OTCQX: STVZF) Trades up over 12% on 2,536,522 Shares 0 comments
    Nov 17, 2011 11:05 AM | about stocks: SVLC
    Mining Investor Trading Alert: SilverCrest Mines (TSX-V: SVL ,OTCQX: STVZF) Trades up over 12% on  2,536,522 Shares
     
    November 17, 2011 - InvestorIdeas.com, a global investor research portal for independent investors issues a trading alert and news update for mining investors following SilverCrest  Mines (TSX-V: SVL ,OTCQX: STVZF) . The stock had a record volume trading session Wednesday closing up at $2.06, up 0.23 (12.57%) on 2,536,522 shares.
     
    The stock has gained momentum and increased share price following Monday’s news “
    SilverCrest  Mines (TSX-V: SVL ,OTCQX: STVZF) Identifies Large Bulk Tonnage Target at La Joya; Hole 17 intercepts 205.2m Grading 92.7 gpt Silver Equivalent .”
     
     
    More about Silvercrest Mines (TSX-V: SVL, OTCQX: STVZF) :  videos , analyst commentary :
     
    To view accompanying maps for the news release visit : http://media3.marketwire.com/docs/fourMaps.pdf
     
     
    News :
     
    SilverCrest Mines Inc. announced Monday, that data compilation for the Phase I drilling program and a newly received historic database has identified a large, near-surface bulk tonnage target at its La Joya property in Durango, Mexico. The compilation by SilverCrest has involved data and/or drill core review of 51 historic holes (14,786 metres) and 26 Company drill holes (5,716 metres) totaling 20,502 metres of drilling in 77 holes on the property. Verification or validation work completed by an Independent Qualified Person included review of 22 historic holes, Company drill information, geologic mapping, sampling, geochemistry, and historic airborne and ground geophysics. The compilation of these data will be incorporated into the upcoming NI43-101 Technical Report and resource estimate.
     
    All 26 SilverCrest drill holes and 27 historic drill holes (verified with assays) intersected polymetallic mineralization that includes silver (Ag), copper (Cu), gold (Au), lead (Pb), zinc (Zn), tungsten (W) and molybdenum (Mo). Thirty three widely-spaced holes approximately 100 metres apart have identified a large, near-surface bulk tonnage target in the Phase I drilling area along the Main Mineralized Trend ("MMT") at La Joya.The MMT is defined, by using results from the Company's Phase I program and validated historic drill hole information, as a semi-continuous Ag-Cu-Au-Pb-Zn mineralized corridor with current "drilled-defined" dimensions of approximately 1,000 metres by 500 metres. The MMT includes a combination of wide vertical stockwork zones and multiple-stacked, polymetallic, stratabound horizons up to 230 metres in vertical thickness with grades ranging from 15.9 gpt to 202.4 gpt Ag equivalent*.
     
    The remaining 44 holes that lie outside the Phase I drilling area have identified extensions to current mineralization along the MMT (see news release dated October 17, 2011) and have discovered a number of additional separate targets. Information from the historic database has extended the "overall" dimensions of the Main Mineralized Trend to greater than 2.5 kilometres in strike length by approximately one kilometre in width (see table on next page, attached maps and sections).
     
    Contact:
    SilverCrest Mines Inc.
    Fred Cooper
    (604) 694-1730 ext. 108 or Toll Free: 1-866-691-1730
    (604) 694-1761 (FAX)
    info@silvercrestmines.com
     
    About InvestorIdeas.com:
    InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
    Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
    Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
     
     
    Investor Research Tools;
    Get Free investor news and stock alerts
     
    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Silvercrest Mines has compensated Investorideas.com for the dissemination and publishing of its news through Investorideas.com site and subscribers and its partner sites and IR firm for a two week program, for three thousand per week  
    BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
    800-665-0411 - Source – www.Investorideas.com
    Themes: mining stocks Stocks: SVLC
Back To Investorideas.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.