Silverado Gold Mines Ltd. Received a 5 Year Multi-Use Permit in 2010
posted on
Feb 23, 2013 03:13AM
Let us not forget, in 2010, Silverado Gold Mines "received its exploration, drilling, and underground working permit as requested. The multi-use permit, which is typically assigned year by year, was issued for a five-year period." Anotherwards, the multi-use permits are good for this year 2013 plus another two years, permits good til 2015 !!!
We all know that the outside work season above the Artic Circle generally starts late Spring.
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ITS MY UNDERSTANDING THAT SILVERADO GOLD MINES HAS BEEN INVOLVED WITH ON GOING NEGOTIATIONS TO SECURE FINANCING, TO MOVE THE COMPANY FORWARD WITH MINE PRODUCTION ON THEIR NOLAN CREEK ANTIMONY-GOLD PROJECT. LETS HOPE GARRY CAN LAND A FINANCIAL DEAL THAT WILL MAKE ALL THE SHAREHOLDERS RICH!!!!
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Silverado Gold Mines Nolan Creek Project- The gold-antimony deposit type 36C is considered to be a sub-type of the mesothermal, auriferous lodes found in mineral provinces worldwide. Mineral deposit type 36C is not very well documented in North America but well studied in Asia, Europe, and Africa. Worldwide examples include deposits in the Transvaal of South Africa http://en.wikipedia.org/wiki/Witwatersrand_Basin , the Reefton District in New Zealand, and deposits in Eastern Europe and in Russia. Olympiada in Siberia http://www.portergeo.com.au/database/mineinfo.asp?mineid=mn645 is an example of a large, productive gold (stibnite) deposit of this type.
Silverado Gold Mines
Workmans Bench Antimony Gold Lode Deposit, Nolan Creek,
June 1st, 2009 , Sedaredgar pg 42
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SILVERADO TUNNEL: MASSIVE ANTIMONY VEIN PHOTO
1 of 4 MASSIVE ANTIMONY-GOLD VEINS, discovered at Silverado Gold Mines, 570 ft Workmans Bench Exploration tunnel (Open to depth & length) http://www.freeimagehosting.net/fkfla
Lode mineralization at Workmans Bench and Pringle Bench systems consists of a northeast-striking, steeply dipping zone of gold-bearing, quartz-stibnite veins and veinlets. At Workmans Bench, stibnite-bearing veinlets occur from 86 ft to 234 ft from the portal or over a width of about 150 ft. Because the drift was cut perpendicular to strike, this represents a true thickness of the vein-veinlet swarm. A more focused zone of quartz stibnite vein concentration occurs mainly from 136 ft to 234 ft or an estimated width of about 98 ft, where 67 individual veins were identified. Within the Crosscut A zone, 21 of the veins contained identifiable stibnite. In the Crosscut C zone, the same mineralized stock work veins occur from 120 ft 228 ft or an estimated width of 108 ft. 79 individual veins were identified, 22 of which contain stibnite.
WORKMANS BENCH TUNNEL PHOTO
http://www.freeimagehosting.net/9gb36
SILVERADO MINES: MASSIVE ANTIMONY BLOCK PHOTO
1 OF 2 BLOCKS CUT FROM SILVERADO GOLD MINES LTD WORKMAN'S BENCH TUNNEL, PURE AS FOUND IN NATURE.
http://www.freeimagehosting.net/gudiq
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SILVERADO GOLD MINES UNDERGROUND MINING OPERATION VIDEOS
http://www.silverado.com/investors/media-centre/
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SILVERADO HIGH GRADE GOLD 2.68 TROY OZ/TON
SILVERADO GOLD MINES, NOLAN CREEK, the highest gold grade was encountered in drill hole 08SH08 in a 0.7 ft long sample of a stibnite-quartz vein at 347.9 ft to 348.6 ft down hole. This sample assayed 2.68 troy ounces of gold per ton.
The highest antimony grade was encountered in a 5 inch true width stibnite-quartz vein in drill hole 08SH1B at 33.8 ft to 35.2 ft down hole. This particular vein assayed 53.44% ANTIMONY and 0.28 troy ounces of GOLD per ton.
The assay results at Workman's Bench returned significant gold and antimony grades in all drill holes assayed thus far.
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150'-300' WIDE, 1,600' LENGHT, QTZ STIBNITE- GOLD VEINS
Silverado Gold Mines, Workmans Bench and Pringle Bench properties contain quartz-stibnite-gold veins that cut a high-angle, structurally controlled zone that is 150 ft to 300 ft wide and at least 1,600 ft in length. These quartz-only and stibnite-quartz (gold) veins strike northeast and cross-cut low angle cleavage at steep to vertical angles. Besides locally massive stibnite, the quartz-carbonate vein stock works also contain arsenopyrite.
Silverado Gold Mines
Workmans Bench Antimony Gold Lode Deposit, Nolan Creek,
June 1st, 2009 , Sedaredgar pg 42
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Silverado Gold Mines
An independent NI 43-101 Technical Report
Preliminary work has identified 3 veins (A, B and West) in the 70 ft wide mineralized zone of Workman's Bench. These 3 veins combined represent 42,412 tons of indicated resources containing 11,875 tons of Antimony and 17,300 oz of gold. This resource represents ONLY A SMALL PORTION of the mineralized zone, WHICH IS OPEN TO LENGTH AND DEPTH.
The "A" vein is 980 ft long, 335 ft deep, 0.95 ft wide, and has a grade of 31.52% ANTIMONY and .405 oz/ton GOLD.
The "B" vein is 525 ft long, 355 ft deep, 0.65 ft wide, and has a grade of 25.63% ANTIMONY and .48 oz of GOLD
The "West" vein is 900 ft long, 225 ft deep, 0.60 ft wide, and has a grade of 12.80 % ANTIMONY and .302 oz/ton GOLD.
pg 3 of Silverado 2007 Annual Report