ARGENTINA - Indicated resources at the Navidad project are now estimated at 300.7 million oz of silver and 1.27 million of lead, according to figures released by IMA EXPLORATION. The company reported total indicated resources of 92.8 million tonnes grading 101 g/t Ag and 1.36% Pb. The inferred resource is an additional 15.2 million tonnes at 78 g/t Ag and 0.45% Pb.
The above figures were released on June 16, and on June 21 IMA reported that more mineralization has been drilled 525 m northwest of the boundary of current resources at the Calcite Hill deposit. One of the holes, No.175, which was drilled at Galena Hill, intercepted 194 m of 188 g/t Ag and 5.8% Pb including 49.8 m of 481 g/t Ag and 14.2% Pb.
The Navidad project, located in the Patagonia region, is 100%-owned by IMA. The property includes the Galena Hill, Connector, Navidad Hill and Calcite Hill deposits. Keep up with current drill results at www.IMAexploration.com.
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