Mar. 30, 2011 (Canada NewsWire Group) --
MONTREAL, March 30 /CNW Telbec/ - (TSXV: SSM) Sunset Cove Mining is pleased to release further assay results from its Carolay Silver polymetallic property located in La Libertad, Peru.
The results were obtained from a systematic sampling program of the underground access infrastructures (drifts, raises, etc.) in the Carolay Silver Vein. These 142 samples were taken within the adit on the property. The width of the Carolay Silver Vein ranges from 1.2 to 2.1 meters over its 235-meter length. The chip samples were taken every two (2) meters along the mineralized structure.
The aim of this series of sampling was to try and establish the extent of the mineralization of the hanging and footwalls of the vein. This table illustrates that the host rock is also mineralized. The sample width taken in the vein varies between 0.3 to 1.3 meters.
Here are the assay results from 142 underground samples taken from the Carolay Vein:
|Type||Ag (g/t)||Cu (%)||Pb (%)||Zn (%)|
Mr. Lorne Woods, President and C.E.O. states that: "The next step in the exploration program will consist of diamond drilling on the lateral and depth extensions of the Carolay Silver Vein in order to better define the mineralized ore-shoots".
"This will permit us to better understand the dissemination of the mineralisation in the host rock," he continued.
The silver results for the 142 samples are the following:
|Range||No. of Samples||% of Samples|
|0-10 Ag (g/t)||63||44%|
|10-50 Ag (g/t)||47||33%|
|> 50 Ag (g/t)||32||23%|
The results of the samples fit in with the results of the recent drill holes reported on March 16th 2010, the picture that is coming together is that the Carolay Silver Vein has a relationship to the Anomaly 2. And that it is a deposit that could take the form of a manto that we believe is 40 meters thick. This manto is 600 meters square in size and corresponds to the Anomaly 2 that was identified by IP work last year.
Sunset Cove is using the data in hand to design the next phase of the drilling program to allow it to further define the deposit and give it the information necessary to fully understand the potential of the Anomaly 2, which may be open along strike, and the Carolay vein.
Quality Assurance/Quality Control
Alain Beauregard P. Geo, an independent consultant and qualified person as designated by National Instrument 43-101, has reviewed the technical content of this release. Bratzon Salvador, P.Eng, Operations Manager, supervises exploration at Sunset Cove's projects. All technical information for the company's projects is obtained and reported under a formal quality assurance and quality control (QA/QC) program.
About Sunset Cove
Sunset Cove Mining Inc., is a dynamic Canadian junior mineral exploration and development company dedicated to driving shareholder value through the economical acquisition, exploration and development of precious metals and copper properties in proven Latin American locations to the point where they become attractive joint venture or acquisition targets. Sunset Cove is in Peru now, because now is the time to be in Peru, and has a wholly owned Peruvian subsidiary, Minera Sunset Del Peru S.A.C based in Lima, and is building a Peruvian mining portfolio in precious metals and copper, with two properties under contract. One of those properties is the Carolay Polymetallic Silver Property, the Carolay Property.
Some of the statements contained herein may be forward-looking statements that involve known and unknown risks and uncertainties. Results presented in this press release are exploratory in nature. Historical data, if mentioned, should not be relied upon, as they are not admissible under NI 43-101 rules and the Company has not conducted sufficient testing to verify this type of information.
Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability, and the uncertainty of access to additional capital. Sunset Cove disclaims any obligation to update any such forward-looking statements.