Silver Fields Resources Exploration Update
Silver Fields Resources Inc. (SF.TSX.V) (“Silver Fields”) (“the Company”) is pleased to announce the Company has completed its Phase I exploration of the 100% owned Keremeos Silver property, located near the town of Keremeos in southern B.C.
The company’s field crews have just completed a soil geochemical survey program, and have collected approximately 200 soil samples from two grid areas covering favourable geology covered by shallow overburden located east and west of the past-producing Horn Silver Mine. The Horn Silver Mine was noted for the pure wire silver and other rare silver minerals found within the vein systems.
A new discovery of copper mineralization occurring within the Mt. Kobau Group quartzites and schists was located near the Similkameen River and the main highway. The showing displays malachite staining across several metres of rusty biotite schist.
Assay results from the soil sample program and the new discovery will be released as soon as received.
Field crews have now been mobilized on the 290 hectare Argentum property which covers and surrounds Crown-Granted mining claims containing the historic Lucky Jim zinc, lead and silver mine, located just north of Sandon in the Slocan Mining District. Lucky Jim Mine produced just over 1 million tonnes of ore containing 599,109 ounces of silver, 175,925,995 pounds of zinc, and 8,150,195 pounds of lead. Four other prospective silver properties in the area have been recently been acquired by staking and will be examined this summer.
Statements about the Company’s future expectations and all other statements in this press release other than historical facts are “forward looking statements”. The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time. The Company’s actual results may differ materially from the expected results.
We seek Safe Harbor.