MAG Silver reports high grade silver

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Mon, Jul 28, 2008
Silver Company News
Post by Melissa Pistilli, Silver Senior Reporter

MAG Silver Corp. reports new assay results from Valdecanas Vein for Holes OF and QF.

Hole QF returned 578 grams per tonne (g/t) (16.8 ounces per ton (opt)) silver, 3.85 g/t gold, 5.55% lead and 6.36% zinc over 6.20 metres (true width). This also includes a high grade gold intercept of 271 g/t (7.9 opt) silver, 9.13 g/t gold, 0.99% lead and 4.41% zinc over 1.96 metres (true width). Hole QF has intersected the Valdecanas Vein on the critical east central portion of the vein where drilling this year has been successful in extending the high grade zone to the east. This hole is also almost 80 metres vertically below Hole QE (1,198 g/t (34.9 opt) silver, 0.21 g/t gold, 2.75% lead and 5.15% zinc over 4.70 metres (true width)) (See press release dated June 19, 2008).

Hole OF reports an intersection of 224 g/t (6.5 opt) silver, 1.77 g/t gold, 0.92% lead and 2.63% zinc over 4.71 metres (true width). Included is a higher grade intercept of 349 g/t (10.2 opt) silver, 1.78 g/t gold, 0.74% lead and 3.28% zinc over 2.62 metres (see longitudinal section attached: http://media3.marketwire.com/docs/mag_map.pdf). This hole is also within the eastern portion of the Valdecanas Vein and will help in defining the vein at depth to the east.

 For full details of this press release, click this link. Silver Investing News researchers discovered MAG Silver’s project described on their website. Follow developments in silver mining and exploration for free.
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