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(From Canada Newswire)
TSX: SPD
VANCOUVER, June 19, 2012 /CNW/ - Silver Predator Corp. (TSX:SPD) is pleased to announce results from the first 14 of 25 angled reverse circulation drill holes from its 2012 exploration program at the Taylor Silver Mine development project, located in White Pine County, Nevada. A total of 1,959 m (6,425 ft) were drilled to both infill and expand the existing open pit resource, and test extensions of higher grade veins typical of the historic underground production at Taylor. Significant mineralization was encountered in 12 of the 14 holes. Highlights of the current release include:
SPT12-37 with 9.1m of 222.5 g/t silver (30 ft of 6.32 oz/t) from a depth of 45.7 m; SPT12-40 with 45.7 m of 108.7 g/t silver (150 ft of 3.17 oz/t) from surface; and SPT12-48 with 4.6 m of 767.7 g/t silver (15 ft of 22.39 oz/t) from a depth of 102.1 m. Assays for the final 11 holes of the program's first …