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Article: CHIEF CONSOLIDATED MINING COMPANY ANNOUNCES LATEST DRILLING RESULTS
- Article from:
- PR Newswire
- Article date:
- March 12, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, March 12 /PRNewswire/ -- Chief Consolidated Mining Company (Nasdaq: CFCM) reported the following assay results of its latest drillhole which is part of a continuing underground drilling program designed to increase the proven and probable ore reserves of the new Burgin Mine orebody. The Mine is located in the East Tintic Mining District in Utah.
Drillhole # 22 intersected a full 152-1/2 feet of high grade silver- lead-zinc ore containing some of the most significant grades ever encountered in the Mine. The 152-1/2 foot intercept assayed at a per ton average of 17.2 ounces of silver and 218 pounds of lead. Several segments of the drillhole contained ...