Ecuador court gives green light for Silvercorp, Salazar’s El Domo project
The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.
Toronto-based Wallbridge Mining Co. has intersected 2.55 g/t gold over 20.0 metres at its Beschefer property located 28 km from the company’s Fenelon gold property. Results such as this have confirmed the continuity of the gold-bearing structure at the project.
This is the company’s first drill program at Beschefer, and all five holes cut significant gold mineralization in the B-14 shear zone. The holes in this program returned the following grades:
Wallbridge noted that hole BE-18-049 also intersected a narrow shear zone above the B-14 shear zone and it assayed 20.22 g/t gold over 0.5 metre.
This article first appeared in the Canadian Mining Journal.