Strike Extension At Crescent Silver Mine Project
VANCOUVER, BC - United Mining Group, Inc. reported that its previously reported $4.3 million drilling program has received initial results from the Alhambra Zone on its surface program at the Crescent Silver Mine project, located near Kellogg, Idaho. Surface drilling for the lateral extension of the South Zone has commenced and underground exploration drilling on the vertical South Zone is scheduled to commence.
In 2010, UMG acquired 973 acres of exploration lands adjoining, and immediately west and northeast of the Crescent deposit, increasing landholdings by approximately 265%. The western block contains the on-strike extension of the silver-bearing veins at the Crescent deposit. The acquisition of these lands provides a high-priority exploration target for the Company, and an aggressive drill program has been planned. Geologic mapping and surface drilling of the new, western claim block has commenced on schedule despite late-season snow cover. To date, four diamond drill holes, varying between 714 feet and 970 feet in total depth, have intersected the Alhambra fault in the vicinity of the historic Dawn adit. The Dawn adit is a shallow working located about 2000' west of the identified Alhambra resource. Historic sampling of the Dawn adit reported an average silver grade of 12 ounces per ton silver over an average vein width of 2.6 feet for 53 feet along the fault. UMG management considers it highly encouraging that the four diamond drill holes are silver-bearing. The drill results corroborate the historic evidence that the silver-bearing hydrothermal process, including deposition within the Alhambra structure, was active in the area. Additional drill testing of the Alhambra fault is planned within the current program. The next fan of holes to be drilled will target the lateral extension of the South vein shear zone, a parallel structure to the Alhambra fault. These holes will be the first time that drilling has tested the structure within the new claim block. Company geologists believe that the South vein is the same structure as the Yankee Girl vein of the Sunshine Mine, suggesting a strong persistence over at least 10,000 feet of strike length. A small, historic working, the Luka adit, is believed to represent the continuation of the South vein structure westward into the new claim block. Drilling began on the fan on May 6th, and the core is expected to provide valuable information regarding the strike extension of the South vein structure, and the nature of its intersection with structures projected to the east out of the Bunker Hill Mine. The company's address is 1980 1075 West Georgia Street, Vancouver BC V6E 3C9, (604) 688-9588, fax: (778) 329-9361.