Silver Spruce Resources reports an update on the exploration drilling on its gold-silver project in Centauro, Mexico.

The highlight is a bonanza value of an average of 919 ppm Ag over a 1.5 meter interval in drill hole CEN-08-4, located on the western side of the Centauro mesa. Two separate analyses from the same pulp gave 697 and 1,140 g/t Ag with background (less than 5 ppb) Au values. Check sampling on pulps prepared from the reject for this sample and samples immediately above and below is currently being carried out at Minerales Labs in Mazatlan, Mexico, and Chemex Laboratories in Canada. The core in this section is broken, with significant lost core (greater than 50%) associated with what is assumed to have been an epithermal vein. The closest other drill holes, CEN-08-3 and CEN-08-5, 400 to 500 meters to the north and south respectively, did not intersect similar mineralization or values.

For full details of the press release, click here. Silver Investing News researchers discovered Silver Spruce’s Centauro project, click here. For further developments in the silver mining and exploration, click onto our Silver Investing Newsletter for free.