Searching for High-Grade Silver and Gold Deposits in Mexico
Recently announced 43-101 on the San Diego Property; 50% participating interest of 3.98 million indicated ounces of Silver Equivalent, and an Inferred Resource of 38,404,000 Ounces Silver Equivalent.
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Golden Tag Resources > Message
Joe_strummer_profile

Looking for more volume today - "Need to conduct deeper drilling"!!!

Posted by: Insurgentleman on April 22, 2008 09:51AM

it may be an early indicator that we may be on to something as the people in the know work behind the scenes to position themselves for what could be a great release for the assays of hole 33.

Quick recap, and thanks to the other poster who outlined it very succinctly ( sp?) in 3 great points included in the last PR

"Assay results from Hole SD-08-33 are currently unavailable, however, visual observations made on core are very encouraging. The environment of mineralization intersected includes semi-massive and massive sulphides as vein infill with associated sulphide replacement of adjacent marbles; increasing vein widths up to 2 m (core width) and a new mineralized vein structure at the diorite/marble contact.

Visual results from Hole SD-08-33 suggest continued improvement in the mineralized system at depth with strong vertical continuity of the main veins, increasing skarn alteration and contact metamorphic effects; and potential for more extensive replacement sulphide zones at even greater depth along the diorite contacts.

Assay results and visual observations from the most recent drill holes point to the need to conduct deeper drilling. The actual drill rig utilized to complete Phase 3 drilling not being adequate to perform deep holes, the joint-venture has decided to end the Phase 3 program after Hole SD-08-33. A minimum 5,000 metre follow-up Phase 4 program utilizing a more proficient drill will be undertaken shortly.

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David M. Rigg P.GEO
Director and CEO
March 06, 2008

David Rigg, Director and CEO addresses the shareholder community.

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