Welcome!

Microsoft Cloud Authors: Stackify Blog, Liz McMillan, David H Deans, Automic Blog, Pat Romanski

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
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
SYS-CON Events announced today that Grape Up 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. Grape Up is a software company specializing 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 across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.