Welcome!

Microsoft Cloud Authors: David H Deans, Yeshim Deniz, Janakiram MSV, Andreas Grabner, Stackify Blog

News Feed Item

UC Resources Discovers Significant Silver Vein Structure at XORA

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/05/12 -- UC Resources Ltd. ("UC" or the "Company") (TSX VENTURE:UC) is pleased to provide this update to its shareholders, stakeholders and interested parties.

Recent sampling at multiple narrow vein mining locations have now been sampled and site visited by management. The following observations and results were inspected on a recent site visit.

Los Cuatas Vein

The Los Cuatas Vein was mined on three levels to a small extent and on surface along strike to the north.

The Los Cuatas Vein to the north appears to disappear under over burden that outcrops periodically over a kilometre of strike length prior to disappearing under overburden. The vein to the south morphs into an area of stockworks. (a mineralized zone in the form of a network of veinlets diffused in the country rock) The vein and stockwork area appears to be approximately 8 meters wide in places and the following samples have been taken on strike from what remains of the footwall.


------------------------------------------------------------------------
                            Distance                                    
Sample                       (meters)          Au (g/t)          Ag (g/t)
------------------------------------------------------------------------
69141-69154                       14              .35g              307g
------------------------------------------------------------------------
69170-69174                        5              .64g              136g
------------------------------------------------------------------------
69192-69195                        4              .26g              284g
------------------------------------------------------------------------

South and east of the Los Cuatas Vein is Los Cuatas II Vein where sampling across a 7 meter area of the hanging wall has resulted in the following channel sample results.


------------------------------------------------------------------------
                            Distance                                    
Sample                       (meters)          Au (g/t)          Ag (g/t)
------------------------------------------------------------------------
69271-69277                        7              .17g              161g
------------------------------------------------------------------------

To the east of the Los Cuatas Vein, within approximately 200 meters lies the former El Mirador Mine. An adjacent mine referred to as the Mirador II Vein lies approximately 25 meters east of the El Mirador main mine. Channel sampling was conducted between the two mines and two areas of interest on surface were observed.


------------------------------------------------------------------------
                            Distance                                    
Sample                       (meters)          Au (g/t)          Ag (g/t)
------------------------------------------------------------------------
69027-69031                        5              .03g              141g
------------------------------------------------------------------------
69032-69042                       11              .03g              157g
------------------------------------------------------------------------

A channel sample taken 25 meters west of the El Mirador Mine returned .12g of gold and 668g of silver over a one meter width. This showing can be followed on surface and a drill pad has been constructed to drill in an effort to follow the depth and strike of this spectacular assay.

South of Los Cuatas Vein, at approximately 70 meters, resides the Leona II Vein. The Leona Vein is an additional 125 meters south of Leona II. Both vein areas show extensive fracturing and brecciated welded rock with quartz veining. Channel samples taken from Leona II were taken along across the structure and samples taken from Leona were taken from inside the mined area. One interesting element about the Leona Vein, is that it strikes almost east west while all other occurrences are almost exactly north south.


------------------------------------------------------------------------
                            Distance                                    
Sample                       (meters)          Au (g/t)          Ag (g/t)
------------------------------------------------------------------------
Leona II Vein                                                           
------------------------------------------------------------------------
69354-69356                        4             1.59g              129g
------------------------------------------------------------------------
Leona                                                                   
------------------------------------------------------------------------
69288-69291                        4              1.5g              226g
------------------------------------------------------------------------

South of Leona Vein by 150 meters you will find Waterfall l Vein. This is least explored of our new occurrences and have been sampled randomly to date with samples taken over one meter widths. Highlights are as follows:


------------------------------------------------------------------------
                            Distance                                    
Sample                       (meters)          Au (g/t)          Ag (g/t)
------------------------------------------------------------------------
Waterfall Vein                                                          
------------------------------------------------------------------------
69340                              1              1.2g               74g
------------------------------------------------------------------------
69341                              1             2.24g               86g
------------------------------------------------------------------------
69353                              1              1.1g              130g
------------------------------------------------------------------------
69354                              1             3.77g              198g
------------------------------------------------------------------------
69355                              1             1.42g              114g
------------------------------------------------------------------------

Further sampling will be required in this area.

The analyses were completed by accredited ALS Chemex Laboratories of Vancouver.

John Archibald, PGeo, a qualified person pursuant to NI 43-101, has reviewed and approved the technical information in this press release on behalf of the company.

The Company drill rig, after its arrival on site, has had required repairs completed to facilitate efficient, economic and effective drilling. The Company is also in the process of coming to a final agreement with a recently surfaced, local land owner, for unrestricted land access on the UC Resources constructed road to drilling locations.

Some drilling has been completed and core samples are being sent for assays to an accredited laboratory. Results will be released as they are received in minimum two hole lots and the main drilling program plans will recommence in January.

The Company has completed the planned upgrade on the La Yesca milling operations, and now that the rainy season of August to October has concluded, tonnage processed is increasing and production is again moving toward the end goal of commercial production. A 25- year experienced milling consultant has recently visited the site with management and will be assisting in the streamlining of mining operations over the next few months. The company is committed to consistency and most importantly the ability to sustain ongoing production. Staff training, mill flow, strategic planning and all elements of mill operation will be thoroughly examined in January in consultation with our newly retained consultant.

The Company defines Commercial production for the La Yesca production mill as follows:


--  all major capital expenditures to bring the mine to the condition
    necessary for it to be capable of operating in the manner intended by
    management have been completed; 
--  the completion of a reasonable period of testing of the plant and
    equipment; 
--  the ability to produce saleable product (e.g., the ability to produce
    precipitate / concentrate within specifications); 
--  the mill has reached a pre-determined percentage of design capacity; 
--  mineral recoveries are at or near the expected production level; 
--  the ability to sustain ongoing production 

Management is of the opinion that of the items listed that determines commercial production, that the ability to sustain ongoing consistent production is the final challenge.

UC Resources is an active explorer and producer of precious metals in Mexico.

On behalf of the Board of Directors,

Gary Monaghan, Chief Executive Officer

We seek safe harbour.

Investors or interested parties are invited to visit the UC Resources Website at http://www.ucresources.net - where they can choose to join the opt-in e-mail list to receive all future press releases and updates in real time.

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the La Yesca properties and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence a...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics ...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
SYS-CON Events announced today that Akvelon will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Akvelon is a business and technology consulting firm that specializes in applying cutting-edge technology to problems in fields as diverse as mobile technology, sports technology, finance, and healthcare.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
SYS-CON Events announced today that Datera will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera offers a radically new approach to data management, where innovative software makes data infrastructure invisible, elastic and able to perform at the highest level. It eliminates hardware lock-in and gives IT organizations the choice to source x86 server nodes, with business model option...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
SYS-CON Events announced today that Elastifile will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Elastifile Cloud File System (ECFS) is software-defined data infrastructure designed for seamless and efficient management of dynamic workloads across heterogeneous environments. Elastifile provides the architecture needed to optimize your hybrid cloud environment, by facilitating efficient...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Golden Gate University will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Since 1901, non-profit Golden Gate University (GGU) has been helping adults achieve their professional goals by providing high quality, practice-based undergraduate and graduate educational programs in law, taxation, business and related professions. Many of its courses are taug...
Recently, IoT seems emerging as a solution vehicle for data analytics on real-world scenarios from setting a room temperature setting to predicting a component failure of an aircraft. Compared with developing an application or deploying a cloud service, is an IoT solution unique? If so, how? How does a typical IoT solution architecture consist? And what are the essential components and how are they relevant to each other? How does the security play out? What are the best practices in formulating...