Location of the HPG mine within the Ying mining district. Source: Silvercorp Metals Inc

Silvercorp Metals (TSX:SVM) has recently reported the results of its extensive diamond drilling program at the HPG mine, located in China’s Ying Mining District. The company’s operations, conducted from the beginning of 2022 through mid-November 2023, encompassed a comprehensive exploration initiative.

The drilling program extended over a period of almost two years, during which the company drilled a total of 45,046 meters across 297 diamond drill holes. This intensive effort included 215 underground and 82 surface holes. As of now, the assay results for 270 of these holes have been received, with 139 holes encountering mineralized zones. To continue this exploration, eight drilling rigs are currently operational at the HPG mine site.

Silvercorp’s drilling initiative at the HPG mine concentrated on three primary areas. The first area, known as the upper zone (U), involved drilling near the surface for gold, silver, lead, and zinc vein structures within the resource area. This part of the mine had seen limited exploration in the past. The second focus area, termed the production zone (P), comprised infill drilling above or beneath previously mined stopes. The stopes had been abandoned earlier due to unexpected variability in ore grades, vein thicknesses, and orientations. The third area, identified as the breccia zone (B), involved testing the mineralization potential within a rhyolitic breccia dyke located within the existing underground mining infrastructure.

In the upper zone, the drilling targeted the strike and downdip extent of known vein structures, particularly above the 600 meters above mean sea level elevation. The results from this drilling revealed high-grade gold, silver, lead, and zinc vein structures at higher elevations. The significant findings in this zone included intercepts from various series, such as H13, H15, H16, H17, H32, H42, and others.

Location of drill holes and target areas at HPG mine applicable to the reporting period. Source: Silvercorp Metals Inc

The production zone drilling focused on areas previously underexplored due to variability in ore shoot grades and vein trends below the 600-meter elevation. This drilling campaign led to the discovery and expansion of high-grade resources in several vein series, enhancing the understanding of the mine’s potential.

The breccia zone drilling aimed to assess the extent of mineralization within a rhyolitic breccia dyke, specifically in the B8 area. This zone, characterized by disseminated gold, silver, lead, zinc, and copper mineralization, measured approximately 50 meters in length, 30 meters in height, and 20 meters in width. The B8 orebody, discovered during this exploration phase, has been mined since October 2023 using long-hole stoping techniques.

Furthermore, additional drilling was conducted to explore the down-dip extension of major vein structures, including the H15, H16, and H17 series, below the 300-meter elevation in the Deep Zone (zone D). This exploration confirmed the continuation of mineralization along these structures, expanding the potential for further resource development.

Silvercorp Metals’ extensive and methodical exploration program at the HPG mine reflects a significant commitment to understanding and developing the mine’s resources. The results from this program are likely to influence the company’s future mining strategies and operational decisions in the Ying Mining District.

Highlights from the results are as follows:

  • Surface hole ZK1645 intersected an 8.24 metre (“m”) interval of vein H4 grading 4.31 grams per tonne (“g/t”) gold (“Au”), 15 g/t silver (“Ag”), and 2.10% lead (“Pb”), from 56.28 m depth, at an elevation of 819 m;
  • Underground hole ZK02N36 intersected a 0.61 m interval of vein H5E grading 3.86 g/t Au, 6,132 g/t Ag, 6.45% Pb, 8.47% zinc (“Zn”), and 0.33% copper (“Cu”) from 72.36 m depth, at an elevation of 331 m;
  • Surface hole ZK3421 intersected a 0.63 m interval of vein H17_1 grading 23.80 g/t Au and 14 g/t Ag, from 71.95 m depth, at an elevation of 761 m;
  • Underground hole ZKH12N21 intersected a 4.60 m interval of vein H17 grading 1.23 g/t Au, 193 g/t Ag, 7.56% Pb, 3.79% Zn, and 0.38% Cu from 68.67 m depth, at an elevation of 329 m;
  • Underground hole ZK21N11 intersected a 2.05 m interval of vein H16_3 grading 3.75 g/t Au, 128 g/t Ag, 2.26% Pb, and 1.05% Zn, from 148.72 m depth, at an elevation of 381 m;
  • Underground hole ZKH21N20 intersected a 2.69 m interval of vein H16_3 grading 2.72 g/t Au, 269 g/t Ag, 1.02% Pb, 0.69% Zn, and 0.80% Cu from 147.79 m depth, at an elevation of 338 m;
  • Underground hole ZKH27N03 intersected a 1.70 m interval of vein H14a grading 10.49 g/t Au, 18 g/t Ag, 1.02% Pb, and 0.75% Zn, from 181.11 m depth, at an elevation of 440 m;
  • Underground hole ZKH21N22 intersected a 0.95 m interval of vein H16_3 grading 6.62 g/t Au, 507 g/t Ag, 1.77% Pb, 1.35% Zn, and 0.97% Cu from 151.45 m depth, at an elevation of 350 m;
  • Underground hole ZK19N15 intersected a 0.45 m interval of vein H10_1 grading 25.80 g/t Au and 216 g/t Ag, from 148.64 m depth, at an elevation of 599 m;
  • Underground hole ZK04N14 intersected a 1.01 m interval of vein H13 grading 0.62 g/t Au, 930 g/t Ag, 25.93% Pb, 0.30% Zn, and 1.24% Cu from 63.67 m depth, at an elevation of 683 m;

Table 1: Selected intercepts from the drilling programs at the U zone of the HPG mine

Hole ID

From
(m)

To
(m)

Elevation
(m)

interval
(m)

Au
(g/t)

Ag
(g/t)

Pb
(%)

Zn
(%)

Cu
(%)

Vein

ZK02N05

53.62

54.45

661

0.83

0.19

227

21.15

0.14

0.19

H32

ZK04N10

56.67

57.10

687

0.43

0.05

114

9.94

0.08

0.19

H32

ZK04N14

63.67

64.68

683

1.01

0.62

930

25.93

0.30

1.24

H13

ZK04N15

58.89

59.52

666

0.63

0.21

88

7.09

0.12

0.13

H32

ZK04W02

59.54

60.08

729

0.54

0.94

178

15.28

0.02

0.03

H15

ZK06N13

67.49

69.55

682

2.06

0.31

184

10.59

0.09

0.25

H13

ZK06S03

124.59

125.82

717

1.23

0.20

57

8.92

0.05

0.06

H13

ZK06S04

128.02

129.58

724

1.56

0.10

69

1.84

0.57

0.03

H15_2

ZK08N13

84.64

86.04

680

1.40

0.37

441

11.75

0.42

0.25

H13

ZK08N14

101.76

102.11

678

0.35

0.72

261

0.93

0.49

0.20

H13

ZK08S01

90.55

91.36

760

0.81

0.37

72

17.30

0.08

0.11

H13

ZK08S05

87.75

89.40

774

1.65

0.15

17

4.01

0.03

0.01

H15_2

ZK11004

105.13

105.60

605

0.47

0.04

592

0.94

0.37

0.01

H41W_1

ZK11205

103.81

105.45

614

1.64

3.31

1

0.01

0.01

0.01

H42a

ZK14N23

80.61

81.11

705

0.50

0.97

110

13.55

0.53

0.80

H15W

ZK14N25

89.92

90.75

676

0.83

0.81

41

4.37

0.02

0.04

H15W

ZK14S22

36.91

37.94

731

1.03

0.07

42

3.40

0.11

0.01

H15

ZK1644

190.15

190.73

689

0.58

4.71

152

15.71

1.73

0.54

H32a

ZK1645

56.28

64.52

819

8.24

4.31

15

2.10

0.01

0.02

H4

ZK1645

210.11

210.59

671

0.48

0.61

27

9.36

0.04

0.01

H32a

ZK1646

66.45

67.61

809

1.16

2.48

13

2.48

0.02

0.01

H4

ZK1646

204.79

206.45

675

1.66

0.05

23

5.14

3.02

0.05

H4a

ZK1646

218.66

219.85

662

1.19

0.39

32

4.71

0.12

0.06

H32a

ZK1647

222.14

224.11

663

1.97

1.72

103

3.72

0.67

0.55

H32a

ZK17N05

100.28

100.75

625

0.47

0.16

78

4.91

0.28

0.01

H9

ZK21N41

47.21

47.76

600

0.55

1.74

76

5.97

1.73

0.01

H39_2

ZK2346

113.21

114.22

716

1.01

2.59

8

0.20

0.53

0.01

H42

ZK2346

123.36

123.91

710

0.55

5.21

8

1.70

1.49

0.03

H15

ZK2347

106.66

107.46

740

0.80

1.48

19

1.61

0.48

0.02

H16_3

ZK2348

56.19

56.85

776

0.66

2.13

8

0.41

0.97

0.02

H14

ZK2348

64.67

66.39

771

1.72

3.16

4

0.12

0.43

0.01

H14a

ZK2348

132.58

133.26

733

0.68

2.00

4

0.19

0.20

0.01

H15

ZK23S03

107.58

108.43

790

0.85

0.68

132

0.78

0.60

0.07

H16

ZK2412

172.03

173.06

720

1.03

1.98

6

0.01

0.02

0.01

H17

ZK24S01

199.44

200.03

721

0.59

0.34

95

14.67

0.88

0.01

H32a

ZK29S02

211.70

212.20

684

0.50

0.16

89

17.02

4.86

0.04

H29

ZK3421

71.95

72.58

761

0.63

23.80

14

0.03

0.03

0.01

H17_1

ZK3638

37.58

37.96

804

0.38

1.10

197

0.19

0.08

0.03

H17_1

ZKH00N42

48.80

50.96

635

2.16

0.68

140

1.08

0.14

0.05

H5

ZKH04S01

50.64

51.27

656

0.63

0.15

659

0.31

2.29

0.14

H17

ZKH06N01

64.39

64.71

618

0.32

0.16

309

0.60

0.10

0.49

H32E1

ZKH06N02

50.40

51.01

615

0.61

5.10

28

0.48

0.12

0.01

H32E1

ZKH06S01

99.64

101.43

606

1.79

1.03

76

2.14

0.09

0.69

H15

ZKH06S01

102.56

109.99

605

7.43

0.61

89

7.08

0.19

0.36

H17

ZKH06S09

17.36

18.28

633

0.92

0.16

115

0.53

1.91

0.03

H13

ZKH12S52

45.57

47.28

718

1.71

0.11

33

3.33

0.04

0.08

H15

ZKH12S52

163.31

164.40

670

1.09

0.29

133

2.02

1.40

0.06

H18

ZKH130C01

92.85

93.96

712

1.11

4.04

3

0.02

0.01

0.01

H15

ZKH14S31

38.31

39.37

730

1.06

0.05

45

3.75

0.04

0.05

H15

ZKH14S31

153.43

154.53

712

1.10

2.56

41

1.32

0.82

0.02

H18

ZKH16S51

85.99

87.16

676

1.17

0.16

177

0.34

0.01

0.86

H15E

ZKH16S51

168.41

169.33

619

0.92

0.45

128

3.23

1.25

0.04

H18

ZKH16S52

35.85

40.22

733

4.37

0.08

28

4.13

0.03

0.03

H15

ZKH16S52

171.30

172.25

719

0.95

0.12

211

1.21

0.63

0.06

H18

ZKH18N01

147.22

147.86

756

0.64

0.04

10

4.44

0.99

0.01

H6

ZKH24S05

157.87

159.05

741

1.18

0.17

22

5.65

0.81

0.03

H32a

ZKH33N10

28.61

29.06

627

0.45

5.42

4

0.08

0.16

0.01

H12E1

Table 2: Selected intercepts from the drilling programs at the P zone of the HPG mine

Hole ID

From
(m)

To
(m)

Elevation
(m)

interval
(m)

Au
(g/t)

Ag
(g/t)

Pb
(%)

Zn
(%)

Cu
(%)

Vein

ZK02N36

72.36

72.97

331

0.61

3.86

6,132

6.45

8.47

0.33

H5E

ZK04N06

124.59

125.01

515

0.42

0.04

27

8.36

0.65

0.03

H5

ZK04N07

165.80

166.26

467

0.46

0.47

416

40.18

0.35

0.13

H5E

ZK04N08

95.05

95.63

582

0.58

0.89

91

1.01

0.09

0.10

H5a

ZK04N09

100.28

101.00

581

0.72

0.07

284

0.09

0.02

0.03

H5a

ZK04N09

102.91

104.23

580

1.32

0.61

66

13.01

0.12

0.18

H5

ZK04N19

15.15

15.48

375

0.33

5.52

23

0.42

0.98

0.01

H5E

ZK05N11

118.87

119.53

371

0.66

2.86

15

0.05

0.03

0.01

H5

ZK07N21

101.34

103.31

332

1.97

0.26

123

3.50

3.42

0.08

H5

ZK07N22

56.03

57.57

346

1.54

2.00

14

0.03

0.01

0.01

H5E

ZK09N23

82.17

82.52

332

0.35

21.00

120

2.85

15.03

0.09

H5

ZK09N31

2.81

3.54

462

0.73

0.21

106

0.10

0.03

1.07

H5E

ZK09N31

80.42

81.30

415

0.88

0.34

300

1.24

0.92

0.06

H5

ZK11007

240.47

241.68

497

1.21

2.39

2

0.08

0.07

0.01

H12_1

ZK11008

225.13

225.59

518

0.46

7.44

17

0.39

0.50

0.04

H12_1

ZK11204

205.86

206.86

555

1.00

2.92

5

0.14

0.04

0.01

H20W

ZK11209

202.55

203.11

527

0.56

2.71

8

0.76

0.75

0.03

H20W1

ZK11211

82.05

82.40

591

0.35

4.42

26

1.79

0.05

0.01

H41W

ZK11614

44.23

44.80

446

0.57

11.90

45

3.39

0.49

0.19

H20W1

ZK11614

46.12

46.95

445

0.83

3.26

84

0.94

0.49

0.10

H20W

ZK14N18

13.94

14.58

380

0.64

1.55

58

2.54

9.79

0.21

H32E1

ZK14N19

28.10

28.52

377

0.42

7.00

10

0.31

0.25

0.01

H32E1

ZK19N15

148.64

149.09

599

0.45

25.80

216

0.04

0.01

0.01

H10_1

ZK19N20

8.53

9.40

462

0.87

0.97

108

16.84

0.33

0.26

H11

ZK19N20

208.43

208.94

369

0.51

3.25

5

0.40

0.14

0.01

H42

ZK21N11

148.72

150.77

381

2.05

3.75

128

2.26

1.05

0.20

H16_3

ZK21N37

131.58

132.30

435

0.72

7.51

15

0.10

0.18

0.01

H16_1

ZK21N39

126.31

128.05

432

1.74

2.10

56

2.71

1.25

0.08

H16_1

ZK21N41

114.86

117.14

559

2.28

0.25

49

5.17

0.06

0.01

H12_1

ZK21N42

55.06

55.50

589

0.44

1.01

164

2.23

0.85

0.01

H39_2

ZK21N42

131.24

131.92

533

0.68

1.35

94

0.65

0.26

0.01

H12_1

ZK22N01

99.79

100.94

588

1.15

4.59

23

0.94

0.07

0.11

H15

ZK23N05

141.55

142.62

381

1.07

1.63

16

1.13

0.62

0.01

H16_1

ZK23N32

54.49

54.93

429

0.44

3.36

43

0.15

0.10

0.35

H17_1W

ZK23N34

5.54

6.15

466

0.61

1.75

27

0.31

0.82

0.06

H11

ZK23N34

121.72

122.34

439

0.62

2.43

11

0.48

0.23

0.04

H16_1

ZK23N35

5.59

6.59

465

1.00

1.43

28

1.88

0.24

0.09

H11

ZK23N35

181.11

181.60

405

0.49

0.09

52

10.80

0.04

0.13

H17_1

ZK25N04

55.72

56.13

435

0.41

4.48

77

0.34

0.56

0.01

H13

ZK25N05

83.43

84.69

515

1.26

1.73

9

0.35

0.33

0.03

H16_1

ZK25N08

94.53

95.59

417

1.06

2.05

3

0.03

0.04

0.01

H16

ZK27N04

161.78

162.48

484

0.70

1.98

9

0.24

0.15

0.02

H16_1

ZK27N07

105.32

106.13

552

0.81

2.00

13

0.20

0.08

0.03

H16

ZK27N07

137.48

138.13

534

0.65

2.21

15

0.40

0.36

0.06

H40

ZK27N08

143.28

143.82

480

0.54

2.96

7

0.14

0.06

0.01

H16

ZK29N10

136.81

139.45

530

2.64

2.09

4

0.39

0.21

0.01

H16_1a

ZKH02N37

127.89

128.54

324

0.65

8.78

35

1.12

0.16

0.06

H5_2

ZKH02N38

116.61

117.60

328

0.99

9.21

8

0.08

0.14

0.09

H5_2W

ZKH02N38

141.53

142.38

324

0.85

0.34

73

1.56

0.42

0.07

H5_2

ZKH02N38

172.02

172.65

320

0.63

0.13

67

2.49

6.17

0.04

H5E

ZKH08N03

132.56

133.27

591

0.71

0.40

382

6.23

1.38

0.51

H15_2

ZKH12N21

67.10

67.77

330

0.67

1.17

172

3.23

12.97

0.22

H17_1

ZKH12N21

68.67

73.27

329

4.60

1.23

193

7.56

3.79

0.38

H17

ZKH12N22

28.43

28.88

361

0.45

0.28

76

4.92

0.13

0.01

H15

ZKH12N22

67.78

69.48

331

1.70

0.23

61

2.04

6.67

0.21

H17_1

ZKH12N22

71.25

73.94

328

2.69

0.53

86

4.33

2.61

0.18

H17

ZKH19N25

13.44

14.21

571

0.77

0.14

190

0.28

0.17

0.28

H39_1E

ZKH21N20

64.38

65.22

361

0.84

0.29

54

1.44

1.70

0.01

H13

ZKH21N20

68.18

69.13

360

0.95

0.68

382

0.54

0.57

0.02

H13a

ZKH21N20

141.43

142.15

339

0.72

1.62

13

1.30

1.00

0.03

H16_1

ZKH21N20

147.79

150.48

338

2.69

2.72

269

1.02

0.69

0.80

H16_3

ZKH21N20

160.42

161.02

334

0.60

5.66

7

0.24

0.08

0.02

H15Wa

ZKH21N20

168.74

169.82

332

1.08

0.41

21

5.00

0.11

0.05

H15

ZKH21N20

188.06

188.68

326

0.62

1.87

45

0.75

0.13

0.52

H17_1

ZKH21N22

51.71

52.66

369

0.95

2.53

3

0.03

0.05

0.01

H11Ea

ZKH21N22

68.83

69.73

366

0.90

0.99

84

0.28

0.61

0.01

H13

ZKH21N22

142.40

143.19

351

0.79

0.71

22

1.83

1.95

0.15

H16_1

ZKH21N22

151.45

152.40

350

0.95

6.62

507

1.77

1.35

0.97

H16_3

ZKH21N22

165.32

166.62

347

1.30

1.71

11

0.42

0.07

0.03

H15

ZKH27N02

16.60

18.68

535

2.08

2.10

74

0.31

0.12

0.28

H20W

ZKH27N03

15.14

15.86

531

0.72

5.97

15

0.43

0.37

0.04

H20W

ZKH27N03

120.16

122.82

473

2.66

1.27

23

1.27

0.10

0.02

H40

ZKH27N03

181.11

182.81

440

1.70

10.49

18

1.02

0.75

0.03

H14a

ZKH27N04

94.47

95.70

510

1.23

1.43

32

1.10

0.69

0.01

H16_1

ZKH27N05

14.12

14.95

531

0.83

3.30

9

0.24

0.11

0.09

H20W

ZKH27N06

24.51

25.40

535

0.89

4.05

197

0.69

0.15

0.99

H17_1

ZKH27N06

26.90

28.91

535

2.01

0.14

240

0.68

1.37

0.41

H20W

ZKH27N06

114.53

115.25

522

0.72

1.65

293

2.09

0.47

0.54

H16

ZKH27N07

34.66

35.48

515

0.82

1.34

45

0.26

0.05

0.07

H20W

ZKH29N16

93.05

93.84

581

0.79

1.20

33

6.92

0.77

0.04

H41W

ZKH33N11

94.57

95.44

588

0.87

0.05

25

6.99

0.55

0.01

H12E

ZKH36N06

132.35

133.48

368

1.13

0.11

37

2.41

4.59

0.03

H15_1

ZKH36N07

135.56

136.22

354

0.66

0.18

61

7.00

3.04

0.03

H15_1

ZKH38N01

127.63

128.77

373

1.14

0.51

32

2.36

2.85

0.04

H17

Table 3: Selected intercepts from the drilling programs at the B zone of the HPG mine

Hole ID

From
(m)

To
(m)

Elevation
(m)

interval
(m)

Au
(g/t)

Ag
(g/t)

Pb
(%)

Zn
(%)

Cu
(%)

Vein

ZK09N23

61.99

63.77

345

1.78

1.56

63

0.21

0.05

0.11

B

ZK09N31

18.91

19.47

452

0.56

3.04

120

0.12

0.02

0.35

B

ZK1323

20.66

21.40

727

0.74

0.01

22

1.41

3.05

0.03

B07

ZK15N26

75.65

77.12

576

1.47

0.85

135

0.72

1.50

0.15

B08

ZK15N27

91.75

92.82

555

1.07

0.62

288

1.81

0.11

0.29

B08

ZK15N30

67.58

71.80

571

4.22

0.45

144

0.99

0.61

0.07

B08

ZK15N32

73.19

74.77

568

1.58

1.71

93

0.22

0.08

0.02

B08

ZKH07N12

48.07

48.81

346

0.74

1.88

17

0.03

0.02

0.01

B02

Table 4: Selected intercepts from the drilling programs at the D zone of the HPG mine

Hole ID

From
(m)

To
(m)

Elevation
(m)

interval
(m)

Au
(g/t)

Ag
(g/t)

Pb
(%)

Zn
(%)

Cu
(%)

Vein

ZK03N35

174.26

174.81

267

0.55

15.55

52

1.67

2.46

0.01

H5

ZK03N37

143.41

144.00

295

0.59

0.83

236

12.14

7.04

0.01

H5

ZK40N02

233.57

233.92

179

0.35

0.72

185

6.51

0.01

0.01

H17

ZKH00N39

255.51

256.21

119

0.70

0.18

22

1.85

5.23

0.08

H5E

ZKH06N34

106.37

107.11

-11

0.74

2.60

76

6.06

4.68

0.23

H15_1

ZKH06N34

159.08

159.74

-42

0.66

0.50

82

3.00

1.56

0.11

H17

ZKH4204

192.72

193.25

194

0.53

4.00

434

11.02

0.06

3.02

H15_1

ZKH4204

226.08

226.57

176

0.49

0.78

118

25.65

25.81

0.11

H15

 

 

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
LMW Mine. Source: Silvercorp Metals

Silvercorp Metals (TSX:SVM) has reported new assay results from the ongoing drill program at its LMW mine in the Ying Mining District in China. The company has drilled a total of 56,803 metres in 416 diamond drill holes. The program included 372 underground holes and 44 surface holes at the LMW mine. Two surface rigs and eight underground rigs and drilling at the LMW mine at present. 

Highlights from the results are as follows:

1)  New Discovery of High-Grade Silver-Lead-Zinc Veins at the West of LMW Outside Current Mining Areas

Drilling at the west side of LMW, where there has been no previous mining activity, intersected new high-grade silver-lead-zinc veins, including W1, W2, W2W, W6, W6E, W6W, and W18.  Among these, veins W2, W1 and W18 may have lengths of over 800 m along strike and 400 m down-dip from 1100 m to 700 m elevation.  To pursue this new discovery, the Company has started to develop two new horizontal tunnels from surface at 1040 m and 988 m elevations, and a new branch off-ramp from 800 m to 700 m elevations to access these veins. 

Highlights of these new discovery holes are as follows:

  • Hole ZKX0818 intersected a 3.18 m interval (2.82 m true width) of vein W2 grading 2,238 grams per tonne (“g/t”) silver (“Ag”), 5.90% lead (“Pb”), 0.61% zinc (“Zn”), and 0.36% copper (“Cu”) at the 1,045 m elevation
  • Hole ZKX0634 intersected a 4.03 m interval (3.43 m true width) of vein W6W grading 970 g/t Ag, 16.20% Pb, 0.60% Zn, and 0.29% Cu, at the 1,031 m elevatio
  • Hole ZKX0636 intersected a 1.18 m interval (0.91 m true width) of vein W1 grading 2,511 g/t Ag, 3.45% Pb, 1.01% Zn, and 0.38% Cu, at the 963 m elevation; an
  • Hole ZKX14214 intersected a 6.58 m interval (1.19 m true width) of vein W18 grading 646 g/t Ag, 3.12% Pb, 0.3% Zn, and 0.16% Cu, at the1039 m elevation.

2)  Drilling of Low Angle Gold-Copper-Silver Veins Further Improved Continuity of Mineralization

Drilling of the low angle copper-gold-silver veins of LM21, LM22, LM26 and LM50 was designed to better understand this new type of mineralization which is strongly altered by silicification, with less obvious contact with host rocks of Archean granitic gneisses.  The lower angle copper-gold structures were also offset slightly by sub-vertical north-west and north-east trending silver-lead veins which have been the focus of mining production at LMW.  With the drilling program designed to expand gold-copper structures, and with better understanding, the Company is learning how to mine these low angle gold-copper bodies.

Highlights of the intercepts from the low angle gold veins at the LMW mine:

  • Hole ZKX03X021 intersected a 7.03 m interval (5.39 m true width) of vein LM26 grading 0.17 g/t gold (“Au”), 2,896 g/t Ag, and 2.58% Cu, at the 602 m elevation
  • Hole ZKX11238 intersected a 9.54 m interval (3.37 m true width) of vein LM26 grading 0.98 g/t Au, 1,323 g/t Ag, 7.45% Pb, 0.55% Zn, and 0.32% Cu, at the 670 m elevation
  • Hole ZKX11223 intersected a 6.57 m interval (3.2 m true width) of vein LM26 grading 1.23 g/t Au, 1,780 g/t Ag, 16.71% Pb, 0.69% Zn, and 0.23% Cu, at the 670 m elevation
  • Hole ZKX07X031 intersected an 8.10 m interval (4.06 m true width) of vein LM50 grading 1.26 g/t Au, 674 g/t Ag, 1.28% Pb, 0.21% Zn, and 0.09% Cu at the 799 m elevation
  • Hole ZKX07X021 intersected an 1.01 m interval (0.65 m true width) of vein LM50 grading 19.2 g/t Au and 15 g/t Ag at the 791 m elevation
  • Hole ZKX05X079 intersected a 4.21 m interval (3.42 m true width) of vein LM50 grading 6.36 g/t Au and 11 g/t Ag at the 794 m elevation
  • Hole ZKX05X098 intersected a 0.77 m interval (0.70 m true width) of vein LM22 grading 29.00 g/t Au, 10 g/t Ag, and 1.21% Cu at the 850 m elevation; an
  • Hole ZKX05X096 intersected a 0.51 m interval (0.38 m true width) of vein LM22 grading 32.50 g/t Au, 2 g/t Ag, and 0.05% Cu, at the 848 m elevation.

3)  Drilling Above or Beneath Previously Mined Stopes

Most holes in this period targeted blocks of known silver-lead-zinc veins in the production areas that were previously missed due to limited drilling or tunneling, changes in the strikes and dips, and/or pinch-swelling of the pay-zones in the veins. The high-grade intercepts are mainly associated with the southwest-striking LM7 series, LM12 series and LM17 series of veins, and the northwest-striking LM8 series, LM19 and LM20E.

Highlights of the high-grade silver-lead-zinc mineralization in the production areas:

  • Hole ZKX07X003 intersected a 13.31 m interval (12.80 m true width) of vein LM7 grading 365 g/t Ag, 0.71% Pb, 0.13% Zn, 0.06 g/t Au, and 0.33% Cu at the 778 m elevation
  • Hole ZKX0733 intersected a 1.46 m interval (1.37 m true width) of vein LM12E grading 4,549 g/t Ag, 1.19% Pb, 0.24% zinc (“Zn”), 0.49 g/t Au, and 0.10% copper (“Cu”) at the 645 m elevation
  • Hole ZKX0058 intersected a 3.40 m interval (3.39 m true width) of vein LM7W grading 1,181 g/t Ag, 2.49% Pb, 0.24% Zn, 0.12 g/t Au, and 0.21% Cu at the 771 m elevation
  • Hole ZKX05X075 intersected a 4.16 m interval (3.72 m true width) of vein LM7 grading 360 g/t Ag, 1.75% Pb, 0.59% Zn, 9.15 g/t Au, and 0.24% Cu at the 764 m elevation; an
  • Hole ZKX09X001 intersected a 5.78 m interval (5.53 m true width) of vein LM7W grading 531 g/t Ag, 1.06% Pb, 0.37% Zn, 0.02 g/t Au, and 0.19% Cu at the 575 m elevation.

4)  Drilling Intersected High-Grade Silver-Lead-Zinc Veins and a New Gold Structure at the East Side of the Resource Area

At the east side of the resource area, drilling intersected high-grade silver-lead-zinc vein LM41E and the parallel silver-lead-zinc veins LM41E1 and LM41E1Wa with true widths up to 2.40 m.

While drilling these LM41 series high grade silver-lead-zinc veins, a new gently dipping gold vein has been discovered with three drill holes, ZKX10944, ZKX10735, and ZKX10739 intercepting high grade gold, which are approximately 450 m east of those intercepts on the LM50 gold structure.

Highlights of the high-grade silver-lead-zinc mineralization at the northwest and east sides of the LMW mine:

  • Hole ZKX1166 intersected a 1.36 m interval (1.23 m true width) of vein LM41E grading 2,415 g/t Ag, 2.61% Pb, 0.40% Zn, 0.05 g/t Au, and 0.90% Cu at the 778 m elevation; an
  • Hole ZKX1143 intersected a 3.11 m interval (2.40 m true width) of vein LM41E grading 993 g/t Ag, 1.35% Pb, 0.54% Zn, 0.05 g/t Au, and 0.12% Cu at the 754 m elevation
  • Hole ZKX09X033 intersected a 1.3 m interval (0.88 m true width) of vein LM41EWa grading 1976 g/t Ag, 1.74% Pb, 0.45% Zn, 0.79 g/t Au, and 0.23% Cu at the 706 m elevation
  • Hole ZKX10944 intersected a 2.13 m interval (2.0 m true width) of a new gently dipping gold vein grading 478 g/t Ag, 2.14% Pb, 0.9% Zn, and 5.97 g/t Au, at the 763 m elevatio
  • Hole ZKX10735 intersected a 1.18 m interval (1.18 m true width) of the new gently dipping gold vein grading 5.37 g/t Au at the 760 m elevatio
  • Hole ZKX10739 intersected a 0.95 m interval (0.95 m true width) of the new gently dipping gold vein grading 5.65 g/t Au at the 754 m elevation

Table 1: Selected intercepts from the 2022 drilling program at the LMW mine

Hole ID From

(m)

To

(m)

Elevation

(m)

Interval

(m)

True Width

(m)

Ag

(g/t)

Pb

(%)

Zn

(%)

Au

(g/t)

Cu

(%)

Vein Ore Type
High-Grade Silver-Lead-Zinc Veins at the West of LMW Outside Current Mining Areas
ZKX0432 185.86 186.97 787 1.11 0.75 323 0.75 0.86 0.03 0.06 W1 Ag-Pb-Zn
ZKX0438 144.83 145.86 862 1.03 0.96 315 1.83 0.22 0.05 0.03 W1 Ag-Pb-Zn
ZKX0460 161.61 163.12 849 1.51 1.12 217 6.49 0.19 0.03 0.03 W1 Ag-Pb-Zn
ZKX0463 171.36 173.68 817 2.32 1.91 510 4.26 2.25 0.07 0.12 W1 Ag-Pb-Zn
ZKX0636 146.74 147.92 963 1.18 0.91 2,511 3.45 1.01 0.05 0.38 W1 Ag-Pb-Zn
ZKX0815 142.93 143.64 985 0.71 0.49 73 12.84 0.07 0.05 0.02 W1 Ag-Pb-Zn
ZKX0819 18.49 21.56 1,082 3.07 2.17 178 1.00 0.04 0.01 0.06 W1 Ag-Pb-Zn
ZKX0820 21.73 24.45 1,077 2.72 1.64 706 1.02 0.12 0.05 0.26 W1 Ag-Pb-Zn
ZKX1005 53.60 54.58 897 0.98 0.95 381 5.30 0.13 0.05 0.04 W1 Ag-Pb-Zn
ZKX14213 120.64 121.77 911 1.13 0.70 396 0.39 0.06 0.05 0.03 W1 Ag-Pb-Zn
ZKX0815 137.63 138.40 988 0.77 0.53 1,891 1.78 0.84 0.05 0.31 W18 Ag-Pb-Zn
ZKX14214 139.43 146.01 1,039 6.58 1.19 646 3.12 0.30 0.05 0.16 W18 Ag-Pb-Zn
ZKX0819 61.43 61.93 1,049 0.50 0.35 1,212 1.27 0.49 0.01 0.49 W18E Ag-Pb-Zn
ZKX0817 4.20 5.12 1,095 0.92 0.79 300 0.50 0.03 0.05 0.08 W1E Ag-Pb-Zn
ZKX0818 69.16 70.07 1,055 0.91 0.80 539 0.33 0.18 0.05 0.08 W1E Ag-Pb-Zn
ZKX0819 84.20 85.62 1,031 1.42 1.02 198 0.32 0.06 0.01 0.04 W1E Ag-Pb-Zn
ZKX0650 105.92 106.52 993 0.60 0.32 1 0.01 0.01 7.13 0.09 W1E2 Ag-Pb-Zn
ZKX0450 69.19 71.38 1,031 2.19 1.36 1,216 6.77 0.61 0.05 0.18 W2 Ag-Pb-Zn
ZKX0465 58.47 60.69 1,041 2.22 1.26 831 2.70 0.26 0.02 0.29 W2 Ag-Pb-Zn
ZKX0636 103.95 104.67 993 0.72 0.56 667 0.56 0.27 2.61 0.38 W2 Ag-Pb-Zn
ZKX0650 64.26 65.46 1,022 1.20 0.64 256 0.47 0.16 0.01 0.03 W2 Ag-Pb-Zn
ZKX0651 69.77 70.70 1,052 0.93 0.54 1,537 0.60 0.15 0.03 0.34 W2 Ag-Pb-Zn
ZKX0818 84.14 87.32 1,045 3.18 2.82 2,238 5.90 0.61 0.07 0.36 W2 Ag-Pb-Zn
ZKX0819 118.25 119.25 1,005 1.00 0.72 1,622 1.96 0.20 0.01 0.04 W2 Ag-Pb-Zn
ZKX0039 126.57 127.39 879 0.82 0.77 80 4.30 2.75 0.03 0.01 W6 Ag-Pb-Zn
ZKX0046 132.12 133.44 817 1.32 0.75 73 6.62 0.39 0.05 0.01 W6 Ag-Pb-Zn
ZKX0431 198.49 199.92 825 1.43 1.18 471 1.04 0.36 0.05 0.19 W6 Ag-Pb-Zn
ZKX0454 175.59 176.32 861 0.73 0.66 367 5.75 1.21 0.21 0.04 W6 Ag-Pb-Zn
ZKX14005 141.48 142.40 924 0.92 0.87 307 2.37 0.32 0.05 0.10 W6 Ag-Pb-Zn
ZKX14404 104.79 106.35 893 1.56 1.56 150 2.34 1.22 0.05 0.03 W6 Ag-Pb-Zn
ZKX0454 186.46 187.85 856 1.39 1.25 398 0.81 0.16 0.05 0.03 W6E Ag-Pb-Zn
ZKX0454 243.14 243.74 832 0.60 0.54 52 10.14 0.39 0.05 0.00 W6E2 Ag-Pb-Zn
ZKX0438 100.57 101.58 884 1.01 0.94 43 1.12 0.22 1.74 0.02 W6W Ag-Pb-Zn
ZKX0439 98.03 98.78 910 0.75 0.74 483 3.22 0.95 0.05 0.12 W6W Ag-Pb-Zn
ZKX0634 56.04 60.07 1,031 4.03 3.43 970 16.20 0.60 0.10 0.29 W6W Ag-Pb-Zn
ZKX13630 137.23 137.74 1,014 0.51 0.45 1,077 4.84 0.48 0.02 0.54 W6W Ag-Pb-Zn
Low Angle Gold-Copper-Silver Veins
ZKX0082 292.17 293.61 878 1.44 0.76 73 0.54 0.52 13.06 1.70 LM22 Au-Ag-Cu
ZKX05X096 77.81 78.32 848 0.51 0.38 2 0.01 0.02 32.50 0.05 LM22 Au-Ag-Cu
ZKX05X097 84.82 85.77 855 0.95 0.72 37 0.00 0.03 1.63 7.39 LM22 Au-Ag-Cu
ZKX05X098 76.67 77.44 850 0.77 0.70 10 0.00 0.01 29.00 1.21 LM22 Au-Ag-Cu
ZKX05X100 76.16 77.14 845 0.98 0.70 1 0.00 0.01 3.40 0.14 LM22 Au-Ag-Cu
ZKX0+A3:U198390 60.86 61.63 640 0.77 0.58 37 0.01 0.03 0.92 5.43 LM26 Au-Ag-Cu
ZKX0188 16.94 17.97 737 1.03 0.97 4 0.00 0.01 2.88 0.00 LM26 Au-Ag-Cu
ZKX0191 86.24 89.04 662 2.80 1.64 37 0.07 0.01 3.21 0.29 LM26 Au-Ag-Cu
ZKX03X021 98.88 105.91 602 7.03 5.39 2,896 0.15 0.12 0.17 2.58 LM26 Au-Ag-Cu
ZKX11046 43.05 43.92 668 0.87 0.73 214 1.34 0.11 0.03 0.02 LM26 Ag-Pb-Zn
ZKX11223 44.84 51.41 670 6.57 3.20 1780 16.71 0.69 1.23 0.23 LM26 Au-Cu-Ag
ZKX11238 44.05 53.59 670 9.54 3.37 1,323 7.45 0.55 0.98 0.32 LM26 Au-Ag-Cu
ZKX0251 20.25 22.01 784 1.76 1.20 140 3.19 0.29 1.38 0.12 LM50 Au-Ag
ZKX0341 165.20 166.10 737 0.90 0.60 15 0.01 0.02 5.59 1.74 LM50 Au-Ag
ZKX03X054 168.91 169.90 818 0.99 0.84 4 0.01 0.02 2.53 0.01 LM50 Au-Ag
ZKX03X055 164.35 165.47 803 1.12 0.75 60 1.42 0.06 2.04 0.01 LM50 Au-Ag
ZKX0571 53.42 55.91 808 2.49 2.05 15 0.03 0.04 3.63 0.01 LM50 Ag-Pb-Zn
ZKX05X004 61.26 62.28 807 1.02 0.95 5 0.02 0.03 3.11 0.00 LM50 Ag-Pb-Zn
ZKX05X007 68.87 70.20 791 1.33 1.17 1 0.20 0.03 2.44 0.00 LM50 Ag-Pb-Zn
ZKX05X009 86.06 87.12 786 1.06 0.77 11 0.16 0.17 7.15 0.00 LM50 Ag-Pb-Zn
ZKX05X010 98.40 99.68 781 1.28 0.78 10 0.40 0.22 5.63 0.01 LM50 Ag-Pb-Zn
ZKX05X017 81.66 83.20 786 1.54 1.12 10 0.12 0.06 7.78 0.01 LM50 Ag-Pb-Zn
ZKX05X078 14.29 15.22 789 0.93 0.61 12 0.34 0.08 3.90 0.01 LM50 Au-Ag
ZKX05X079 6.45 10.66 794 4.21 3.42 11 0.38 0.13 6.36 0.00 LM50 Au-Ag
ZKX0727 73.32 74.30 804 0.98 0.74 26 0.13 0.17 6.71 0.00 LM50 Ag-Pb-Zn
ZKX0780 100.97 102.20 797 1.23 0.52 20 0.31 0.48 4.21 0.01 LM50 Ag-Pb-Zn
ZKX07X002 26.14 28.50 788 2.36 2.28 24 0.78 0.12 5.51 0.03 LM50 Au-Ag
ZKX07X003 22.58 23.64 786 1.06 1.00 140 3.40 0.30 5.65 0.06 LM50 Au-Ag
ZKX07X021 17.26 18.27 791 1.01 0.65 15 0.16 0.32 19.20 0.00 LM50 Au-Ag
ZKX07X025 18.44 20.06 792 1.62 1.16 23 0.10 0.13 4.04 0.00 LM50 Au-Ag
ZKX07X031 2.93 11.03 799 8.10 4.06 674 1.28 0.21 1.26 0.09 LM50 Au-Ag
ZKX07X032 6.10 11.64 796 5.54 3.78 224 2.28 0.33 1.54 0.10 LM50 Au-Ag
ZKX07X033 19.74 20.78 789 1.04 0.28 3 0.17 0.15 11.05 0.01 LM50 Au-Ag
ZKX07X034 12.30 13.54 791 1.24 0.80 9 0.08 0.03 2.65 0.01 LM50 Au-Ag
ZKX07X082 83.96 84.77 793 0.81 0.60 13 0.37 0.24 6.24 0.01 LM50 Ag-Pb-Zn
ZKX0996 4.16 12.75 804 8.59 2.43 412 2.33 0.19 0.42 0.24 LM50 Au-Ag
ZKX0999 7.72 18.38 803 10.66 3.78 492 1.06 0.20 2.88 0.16 LM50 Au-Ag
ZKX09X018 8.92 10.23 792 1.31 1.11 3 0.10 0.01 4.43 0.01 LM50 Au-Ag
ZKX1172 3.11 6.14 800 3.03 2.26 155 2.59 0.07 3.02 0.08 LM50 Au-Ag
ZKX1173 0.49 1.61 801 1.12 0.78 105 2.38 0.12 1.38 0.08 LM50 Au-Ag
ZKX1175 2.28 5.78 800 3.50 1.30 158 2.90 0.12 0.18 0.07 LM50 Au-Ag
Veins Above or Beneath Previously Mined Stopes
ZKX05X097 111.01 112.28 838 1.27 0.96 276 0.63 0.17 0.06 0.02 LM10W1 Ag-Pb-Zn
ZKX05X119 59.35 59.80 700 0.45 0.38 2,894 3.65 2.36 0.30 0.49 LM11E Ag-Pb-Zn
ZKX0087 72.59 74.87 982 2.28 1.85 177 3.58 1.44 0.02 0.08 LM12 Ag-Pb-Zn
ZKX0343 27.05 27.62 578 0.57 0.53 645 4.95 0.45 0.02 0.05 LM12 Ag-Pb-Zn
ZKX11046 64.36 67.97 654 3.61 1.24 2,394 5.11 0.84 0.12 0.19 LM12_1 Ag-Pb-Zn
ZKX11442 128.77 129.59 514 0.82 0.70 366 9.08 0.06 0.05 0.02 LM12_1 Ag-Pb-Zn
ZKX11225 16.50 17.02 690 0.52 0.38 657 3.49 0.06 0.17 0.08 LM12_2 Ag-Pb-Zn
ZKX0198 122.51 124.07 896 1.56 1.38 947 1.08 0.62 0.05 0.39 LM12_2a Ag-Pb-Zn
ZKX11223 23.89 35.12 684 11.23 2.6 302 2.66 0.27 0.06 0.06 LM12_2a Ag-Pb-Zn
ZKX0199 100.62 103.07 922 2.45 1.66 212 3.04 0.09 0.07 0.01 LM12_3 Ag-Pb-Zn
ZKX01X016 93.15 94.07 906 0.92 0.58 305 2.10 0.10 0.00 0.19 LM12_3 Ag-Pb-Zn
ZKX11026 68.98 69.65 659 0.67 0.50 331 9.91 0.02 0.16 0.11 LM12a Ag-Pb-Zn
ZKX0342 59.11 59.76 580 0.65 0.57 343 2.12 0.11 0.02 0.02 LM12E Ag-Pb-Zn
ZKX0733 142.98 144.44 645 1.46 1.37 4,549 1.19 0.24 0.49 0.10 LM12E Ag-Pb-Zn
ZKX09X003 30.13 31.03 577 0.90 0.86 231 10.27 0.78 0.02 0.53 LM12E Ag-Pb-Zn
ZKX11024 97.67 98.72 631 1.05 0.74 294 0.41 0.18 0.03 0.01 LM12E Ag-Pb-Zn
ZKX11026 89.38 90.79 648 1.41 1.05 1,270 2.06 0.44 0.18 0.06 LM12E Ag-Pb-Zn
ZKX0198 60.64 63.57 912 2.93 2.59 909 0.33 0.39 0.05 0.50 LM13 Ag-Pb-Zn
ZKX11602 38.65 40.41 585 1.76 1.72 54 6.19 0.05 0.02 0.02 LM13 Ag-Pb-Zn
ZKX0097 122.72 123.65 927 0.93 0.76 143 2.21 0.19 0.02 0.16 LM13W Ag-Pb-Zn
ZKX03X022 15.31 16.10 688 0.79 0.76 176 5.93 0.03 0.02 0.01 LM13W Ag-Pb-Zn
ZKX03X058 52.84 53.82 942 0.98 0.82 315 2.21 0.63 0.00 0.07 LM13W Ag-Pb-Zn
ZKX03X059 48.58 49.19 947 0.61 0.41 4,558 1.54 0.26 0.06 0.49 LM13W Ag-Pb-Zn
ZKX0637 87.27 88.15 926 0.88 0.77 181 0.97 0.05 0.02 0.18 LM13W Ag-Pb-Zn
ZKX11436 112.66 113.67 541 1.01 0.94 1,421 1.90 0.10 0.05 0.03 LM14 Ag-Pb-Zn
ZKX11436 127.73 128.49 533 0.76 0.70 238 1.53 0.07 0.01 0.02 LM14_1 Ag-Pb-Zn
ZKX3214 49.27 50.35 714 1.08 0.54 991 9.38 0.70 0.04 0.72 LM16_1 Ag-Pb-Zn
ZKX0755 232.70 233.97 999 1.27 1.19 126 5.01 0.20 0.03 0.02 LM17 Ag-Pb-Zn
ZKX0773 129.58 132.05 682 2.47 1.88 382 0.69 0.48 0.05 0.03 LM17 Ag-Pb-Zn
ZKX07X054 92.00 93.03 748 1.03 1.00 163 11.26 0.17 0.05 0.02 LM17 Ag-Pb-Zn
ZKX07X058 131.16 132.62 682 1.46 1.16 269 0.70 0.19 0.02 0.02 LM17 Ag-Pb-Zn
ZKX1166 126.39 127.37 745 0.98 0.88 421 1.39 0.44 0.05 0.08 LM17 Ag-Pb-Zn
ZKX1169 330.70 334.88 983 4.18 0.94 284 10.42 0.76 0.06 0.06 LM17 Ag-Pb-Zn
ZKX1343 143.16 148.20 778 5.04 2.78 225 1.77 0.35 0.05 0.03 LM17 Ag-Pb-Zn
ZKX05X113 73.34 74.68 773 1.34 1.32 1,823 6.62 6.64 0.05 0.40 LM17a Ag-Pb-Zn
ZKX07X058 122.27 125.76 691 3.49 2.78 323 1.96 0.28 0.02 0.12 LM17a Ag-Pb-Zn
ZKX09X007 97.42 99.21 762 1.79 1.75 573 0.29 0.08 0.05 0.28 LM17a Ag-Pb-Zn
ZKX1343 129.52 130.48 780 0.96 0.80 314 6.53 0.13 0.05 0.05 LM17a Ag-Pb-Zn
ZKX07X058 97.56 99.63 713 2.07 1.65 90 7.38 0.17 0.02 0.08 LM17W Ag-Pb-Zn
ZKX0978 195.61 196.31 1,067 0.70 0.65 852 0.17 0.37 0.05 0.35 LM17W Ag-Pb-Zn
ZKX10948 191.52 192.06 762 0.54 0.43 278 2.77 0.16 0.08 0.03 LM17W Ag-Pb-Zn
ZKX1187 109.39 110.30 773 0.91 0.49 309 0.51 0.08 0.02 0.18 LM17W Ag-Pb-Zn
ZKX3214 138.14 139.46 682 1.32 1.28 43 4.45 0.35 0.02 0.01 LM17W Ag-Pb-Zn
ZKX0755 152.87 154.27 1,034 1.40 1.31 223 0.06 0.08 0.03 0.06 LM17W2 Ag-Pb-Zn
ZKX07X053 12.30 13.59 802 1.29 1.23 1,050 1.25 0.60 0.05 0.15 LM17W2 Ag-Pb-Zn
ZKX0954 152.84 153.44 1,062 0.60 0.60 237 0.36 0.16 0.05 0.09 LM17W2 Ag-Pb-Zn
ZKX0955 199.62 200.15 925 0.53 0.41 2,449 1.10 0.48 0.02 0.21 LM17W2 Ag-Pb-Zn
ZKX09X008 156.15 157.72 1,044 1.57 1.14 293 0.13 0.07 0.05 0.02 LM17W2 Ag-Pb-Zn
ZKX09X053 165.35 166.04 1,090 0.69 0.67 296 1.65 0.33 0.05 0.19 LM17W2 Ag-Pb-Zn
ZKX1167 4.83 5.88 802 1.05 1.05 531 0.62 0.42 0.05 0.03 LM17W2 Ag-Pb-Zn
ZKX0058 38.87 39.49 778 0.62 0.62 235 0.86 0.12 0.02 0.05 LM19 Ag-Pb-Zn
ZKX0059 46.56 47.65 787 1.09 0.99 227 0.16 0.02 0.05 0.01 LM19 Ag-Pb-Zn
ZKX0090 69.68 70.28 941 0.60 0.48 594 0.81 0.03 0.03 0.10 LM19 Ag-Pb-Zn
ZKX0251 4.40 7.20 797 2.80 1.91 180 0.65 0.08 0.05 0.03 LM19 Ag-Pb-Zn
ZKX0258 97.88 99.34 929 1.46 0.89 191 3.89 0.31 0.02 0.06 LM19 Ag-Pb-Zn
ZKX03X058 16.42 17.25 968 0.83 0.65 173 1.73 0.17 0.01 0.01 LM19 Ag-Pb-Zn
ZKX10213 71.19 72.62 956 1.43 1.21 456 0.08 0.05 0.05 0.05 LM19 Ag-Pb-Zn
ZKX0231 46.09 46.79 940 0.70 0.64 379 1.30 0.03 0.05 0.10 LM19a Ag-Pb-Zn
ZKX00X003 18.00 21.13 925 3.13 3.02 494 3.57 0.22 0.04 0.19 LM19E Ag-Pb-Zn
ZKX0343 6.51 7.02 593 0.51 1.10 148 6.52 0.33 0.02 0.04 LM19E Ag-Pb-Zn
ZKX0190 29.43 29.97 686 0.54 0.53 369 11.19 0.14 0.07 0.09 LM19W Ag-Pb-Zn
ZKX03X022 10.76 11.88 691 1.12 1.07 400 0.39 0.14 0.23 0.23 LM19W Ag-Pb-Zn
ZKX0552 24.22 25.35 743 1.13 1.12 223 0.93 0.16 0.02 0.06 LM19Wa Ag-Pb-Zn
ZKX05X119 34.25 34.79 721 0.54 0.45 2,153 2.50 0.26 0.05 0.75 LM19Wa Ag-Pb-Zn
ZKX11021 141.58 142.21 605 0.63 0.39 1,393 10.40 0.34 0.78 0.54 LM20 Ag-Pb-Zn
ZKX03X026 50.24 52.73 777 2.49 2.47 199 5.20 0.62 13.37 0.06 LM20E Ag-Pb-Zn
ZKX05X077 37.90 38.41 776 0.51 0.50 373 1.64 0.07 0.02 0.04 LM20E Ag-Pb-Zn
ZKX09X006 37.96 43.60 593 5.64 4.86 247 3.26 0.47 0.02 0.05 LM20E Ag-Pb-Zn
ZKX0258 197.39 200.72 884 3.33 1.98 3 0.01 0.01 4.15 0.01 LM21 Ag-Pb-Zn
ZKX05X080 43.10 44.31 761 1.21 1.04 3 0.01 0.01 8.53 0.01 LM21 Ag-Pb-Zn
ZKX09X056 61.23 62.44 728 1.21 1.15 376 0.40 0.06 0.02 0.12 LM21 Ag-Pb-Zn
ZKX11436 42.56 43.78 576 1.22 1.13 122 2.14 0.10 0.02 0.02 LM32 Ag-Pb-Zn
ZKX11409 64.36 65.01 580 0.65 0.56 300 4.08 0.08 0.05 0.08 LM32E1 Ag-Pb-Zn
ZKX11411 60.71 61.73 575 1.02 0.94 271 0.17 0.13 0.18 0.04 LM32E1 Ag-Pb-Zn
ZKX11612 74.12 74.62 565 0.50 0.39 225 4.66 0.26 0.01 0.04 LM33 Ag-Pb-Zn
ZKX0053 18.20 26.24 785 8.04 6.75 210 3.23 0.14 0.42 0.35 LM7 Ag-Pb-Zn
ZKX0055 35.28 36.46 775 1.18 1.12 181 1.18 0.08 0.05 0.03 LM7 Ag-Pb-Zn
ZKX0077 32.13 33.11 788 0.98 0.95 90 0.31 1.52 2.02 1.70 LM7 Ag-Pb-Zn
ZKX0089 146.99 148.45 938 1.46 1.06 145 3.04 0.01 0.02 0.01 LM7 Ag-Pb-Zn
ZKX0229 139.75 140.69 929 0.94 0.80 641 1.66 0.10 0.05 0.06 LM7 Ag-Pb-Zn
ZKX03X014 156.63 157.93 911 1.30 1.05 477 1.12 0.03 0.13 0.14 LM7 Ag-Pb-Zn
ZKX03X015 130.12 131.12 875 1.00 0.91 948 0.66 0.09 0.05 0.17 LM7 Ag-Pb-Zn
ZKX05X075 107.56 111.72 764 4.16 3.72 360 1.75 0.59 9.15 0.24 LM7 Ag-Pb-Zn
ZKX05X080 112.84 113.82 698 0.98 0.85 248 0.98 0.04 0.02 0.02 LM7 Ag-Pb-Zn
ZKX07X003 34.16 47.47 778 13.31 12.80 365 0.71 0.13 0.06 0.33 LM7 Ag-Pb-Zn
ZKX07X030 60.65 64.80 774 4.15 3.79 447 0.63 0.05 0.02 0.13 LM7 Ag-Pb-Zn
ZKX07X073 98.47 104.92 721 6.45 5.95 291 3.88 0.14 0.02 0.11 LM7 Ag-Pb-Zn
ZKX1180 94.00 96.56 678 2.56 2.25 169 1.29 0.08 0.02 0.57 LM7 Ag-Pb-Zn
ZKX03X016 111.91 113.12 869 1.21 1.13 434 0.37 0.04 0.05 0.06 LM7a Ag-Pb-Zn
ZKX0148 127.40 128.25 512 0.85 0.69 164 3.71 0.06 0.02 0.05 LM7E Ag-Pb-Zn
ZKX0058 50.75 54.15 771 3.40 3.39 1,181 2.49 0.24 0.12 0.21 LM7W Ag-Pb-Zn
ZKX0063 55.17 57.94 754 2.77 2.59 1,025 1.16 0.22 0.05 0.11 LM7W Ag-Pb-Zn
ZKX0250 6.50 10.03 796 3.53 2.55 466 0.57 0.05 0.05 0.09 LM7W Ag-Pb-Zn
ZKX07X003 13.45 17.35 792 3.90 3.74 373 2.66 0.06 0.20 0.06 LM7W Ag-Pb-Zn
ZKX07X068 49.48 52.67 721 3.19 3.07 331 0.77 0.42 0.02 0.06 LM7W Ag-Pb-Zn
ZKX0990 76.97 77.85 861 0.88 0.86 125 2.40 0.16 0.05 0.02 LM7W Ag-Pb-Zn
ZKX09X001 48.36 54.14 575 5.78 5.53 531 1.06 0.37 0.02 0.19 LM7W Ag-Pb-Zn
ZKX09X015 103.78 105.12 749 1.34 0.77 368 2.99 1.45 0.02 0.21 LM7W Ag-Pb-Zn
ZKX09X027 57.79 58.59 720 0.80 0.80 356 0.71 0.54 0.02 0.02 LM7W Ag-Pb-Zn
ZKX09X056 56.45 57.31 730 0.86 0.82 823 0.54 0.06 0.02 0.09 LM7W Ag-Pb-Zn
ZKX09X057 59.00 61.54 732 2.54 2.42 219 0.81 0.41 0.02 0.11 LM7W Ag-Pb-Zn
ZKX1513 62.91 64.29 718 1.38 1.02 218 0.89 0.82 0.02 0.02 LM7W Ag-Pb-Zn
ZKX0230 33.80 34.81 954 1.01 0.91 271 0.54 0.05 0.10 0.17 LM7W1 Ag-Pb-Zn
ZKX09X002 41.08 42.17 586 1.09 1.00 242 2.02 0.36 0.02 0.19 LM7W1 Ag-Pb-Zn
ZKX09X056 40.45 48.27 736 7.82 7.43 250 0.60 0.07 0.02 0.04 LM8 Ag-Pb-Zn
ZKX07X031 12.09 13.95 792 1.86 0.93 498 1.37 0.22 0.02 0.03 LM8_1 Ag-Pb-Zn
ZKX10608 43.33 44.51 774 1.18 1.03 399 0.60 0.03 0.07 0.03 LM8_2 Ag-Pb-Zn
ZKX10837 102.53 103.04 879 0.51 0.32 1,337 25.77 8.77 0.02 0.12 LM8_4a Ag-Pb-Zn
ZKX11006 149.12 150.02 870 0.90 0.52 1,101 1.08 0.43 0.05 0.06 LM8_4a Ag-Pb-Zn
ZKX10831 102.45 103.13 885 0.68 0.35 882 35.24 1.67 0.02 0.09 LM8_4E Ag-Pb-Zn
ZKX07X028 41.67 42.82 734 1.15 1.09 181 23.06 2.03 0.02 0.01 LM8a Ag-Pb-Zn
ZKX07X002 11.85 12.39 796 0.54 0.52 562 1.35 0.07 0.05 0.20 LM8W Ag-Pb-Zn
ZKX07X004 10.33 11.55 799 1.22 1.11 427 1.73 0.07 0.02 0.07 LM8W Ag-Pb-Zn
ZKX07X020 9.02 12.33 797 3.31 3.10 152 1.34 0.03 0.02 0.02 LM8W Ag-Pb-Zn
ZKX03X040 6.82 8.00 907 1.18 0.73 404 0.15 0.16 0.01 0.03 N/A Ag-Pb-Zn
ZKX0431 189.20 190.30 830 1.10 0.91 477 3.26 0.79 0.05 0.04 N/A Ag-Pb-Zn
ZKX0436 279.65 280.37 710 0.72 0.52 341 1.23 0.46 0.09 0.03 N/A Ag-Pb-Zn
ZKX0454 57.83 58.69 912 0.86 0.77 184 0.31 0.22 0.05 0.04 N/A Ag-Pb-Zn
ZKX0749 203.25 204.74 917 1.49 1.07 850 0.78 0.46 0.05 0.51 N/A Ag-Pb-Zn
ZKX07X073 19.19 20.00 745 0.81 0.75 335 2.23 0.06 0.02 0.22 N/A Ag-Pb-Zn
ZKX1166 47.45 47.97 781 0.52 0.47 501 3.08 0.33 0.05 0.20 N/A Ag-Pb-Zn
ZKX1343 41.39 42.41 796 1.02 0.85 206 1.89 0.21 0.05 0.06 N/A Ag-Pb-Zn
High-Grade Silver-Lead-Zinc Veins and a new gold structure at theEast Side of the Resource Area
ZKX07X076 67.73 68.34 789 0.61 0.58 339 3.05 0.50 0.02 0.07 LM41E Ag-Pb-Zn
ZKX09X031 93.91 94.88 719 0.97 0.79 187 5.44 0.28 0.05 0.08 LM41E Ag-Pb-Zn
ZKX09X032 77.77 78.70 737 0.93 0.65 190 1.99 0.18 0.02 0.09 LM41E Ag-Pb-Zn
ZKX09X033 106.67 109.00 702 2.33 1.58 331 1.27 0.13 0.05 0.08 LM41E Ag-Pb-Zn
ZKX10944 103.54 105.03 776 1.49 1.40 541 0.58 0.07 0.04 0.06 LM41E Ag-Pb-Zn
ZKX10944 153.01 155.14 763 2.13 2.00 478 2.14 0.90 5.97 0.08 N/A Au-Ag
ZKX10949 97.37 97.91 765 0.54 0.52 495 0.60 0.10 0.05 0.06 LM41E Ag-Pb-Zn
ZKX1143 58.13 61.24 754 3.11 2.40 993 1.35 0.54 0.05 0.12 LM41E Ag-Pb-Zn
ZKX1166 53.63 54.99 778 1.36 1.23 2,415 2.61 0.40 0.05 0.90 LM41E Ag-Pb-Zn
ZKX1187 49.67 50.54 789 0.87 0.79 433 1.31 0.23 0.02 0.05 LM41E Ag-Pb-Zn
ZKX09X034 98.86 100.48 717 1.62 1.00 341 16.78 1.32 0.15 0.09 LM41E1 Ag-Pb-Zn
ZKX09X033 102.05 103.35 706 1.30 0.88 1,976 1.74 0.45 0.79 0.23 LM41E1Wa Ag-Pb-Zn
ZKX1166 39.51 40.37 785 0.86 0.78 850 0.64 0.23 0.05 0.06 LM41E1Wa Ag-Pb-Zn
ZKX10735 68.32 69.50 760 1.18 1.18 3 0.01 0.04 5.37 0.00 N/A Au
ZKX10739 73.70 74.65 754 0.95 0.95 4 0.02 0.03 5.65 0.00 N/A Au

 

[1]  New, unnamed veins

Tunneling Programs at the LMW Mine              

A total of 3,566 m of exploration tunnels have been developed at the LMW mine during this period. The exploration tunneling, comprised of drifting, cross-cutting and raising, was driven along and across major mineralized vein structures to upgrade the drill-defined mineral resources, and to test for new parallel and splay structures.

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

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