Weekly precious metals review at King World News
Dear Friend of GATA and Gold (and Silver):
In the weekly precious metals review at King World News, Bill Haynes of CMI Gold & Silver says silver remains scarce, while Trader Dan Norcini of JSMineSet.com and TraderDan.net says gold and silver seem to be basing and consolidating during a countertrend rally in the dollar. You can listen to the weekly precious metals review at King World News here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Extending the Mineralization of the Southwest Vein on the Property
Company Press Release, October 27, 2010
-- Hole E10-66 intersected 17.4g gold/ton over 1.54 metres.
-- Hole E10-67 intersected 96.4g gold/ton over 2.5 metres, including one assay interval of 383g of gold/ton over 0.5 metres.
-- Hole E10-69 intersected 85.4g gold/ton over 4.03 metres, including one assay interval of 230g gold/ton over 1 metre.
Four drill holes, E10-66 to E10-69, targeted the southwestern end of the Southwest Vein, and three of the holes have expanded the mineralized zone in that direction. The Southwest Vein gold mineralization has now been intersected over a strike length of 325 metres, with the deepest hole drilled less than 200 metres from surface.
"The assay results from the Southwest Zone quartz vein continue to be extremely positive," says John P. Thompson, Sona's president and CEO. "We are expanding the Southwest Vein, and this high-grade gold mineralization remains wide open down dip and along strike to the southwest."
For the company's full press release, please visit:
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