TORONTO, May 30, 2012 /CNW Telbec/ - (TSX: SSM) (BVL: SSM) Sunset Cove has received positive assay results from DDH-07. "These silver grades confirm what we have known from the beginning," said Lorne Woods President of Sunset Cove Mining. "Our belief has always been that Carolay has the potential to develop into an increasingly interesting property."
The table below shows some of the significant intercepts of DDH-007:
|Meters Starting||Meters Ending||Width in Meters||G/T Silver|
The results of this drill hole, which is the first of this drilling campaign, confirms the underground extension of at least the Carolay vein structure. DDH-07 crossed the Carolay vein at a distance of 88 meters of the deepest extension of the Carolay adit. The adit itself measures 232 meters into the mountainside.
The Carolay adit averaged 269 g/t of silver as reported in Sunset's 43-101 Technical Report. In addition surface sampling has identified another adit in the Carolay 4 vein that averaged 351 g/t.
More results are coming from further assays of DDH-07and Sunset Cove expects to be able to confirm the grades of other structures on the property. The drilling of DDH-06 is continuing to proceed as expected.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr. Alain-Jean Beauregard P.Geo. of Geologica Inc. an independent consultant and Qualified Person as designated by National Instrument 43-101 who has reviewed the technical content of this release. Mr. Bratzon Salvador, 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.
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.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
President Sunset Cove Mining
(877) 234-0692; ext. 250