This is great news,
I especially like the part where mineralization was found in an area that was assumed to be non econominc and mined out: 80 meters is no small potato
"Three near-surface holes, DDH 173, 178 and 180, situated in the area between the Martinez #1 shaft and the Compromiso shaft and within easy access from the underground King Ramp, tested an 80 metre-high panel of Calvario A and B veins above the current mine development. The Company had previously interpreted this area to have been mined out and without further economic value. "The sulphide intersections in DDH 173 and 180 suggest that other areas above our current development workings, which were assumed to have been mined out, merit a serious look. We will re-assess these in due course," commented Terry Byberg, President and CEO. See longitudinal section at: http://www.silvereaglemines.com/pdf/p_release/2008-03-03-silver-eagle-planl-sect.pdf "