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SilverCrest Mines Reports Updated Resources

Posted
3/28/2013 12:48:00 PM
By: MT Newswires
Referenced Stocks:

SilverCrest Mines Inc. (SVL.V) announced the filing of a National Instrument 43-101 compliant updated La Joya resources Technical Report including preliminary metallurgical test results for the La Joya Property in Durango, Mexico.

Highlights:

- Cutoff grade of 15 gpt silver equivalent: 198.6 million ounces Ag Eq

- Cutoff grade of 30 gpt Ag Eq: 159.8 million ounces Ag Eq

- Cut-off grade of 60 gpt Ag Eq: 100.8 million ounces of Ag Eq

- Cut-off grade of 0.05% WO3: 75.1 million pounds (35,700 tonnes) of WO3

SVL was down nearly 5% to $2.39, trading close to 52-week high $2.96.