|06/27/12 Discovery Investing|
|Written by Editor|
|Wednesday, 27 June 2012 08:54|
But Wait There is More: Nieves is Bigger
Very good news from Quaterra Resources (QMM AMEX) on the Nieves silver property in Zacatecas, Mexico. The company put out a press release this AM on its Nieves property which it is jointly developing with BlackBerry Partners on a 50/50 basis. Bottom line, the 43-101 compliant report states that the Nieves property holds 110 million ounces of silver (Indicated and inferred) at a 15 gram cutoff.
The silver is open-pittable and infrastructure is excellent. The property is accessible, water and power available and processing facilities nearby. We knew some of this (previous 43-101) before this AM but we are very pleasantly surprised at the new tonnage and ounces of the resource as released this AM.
Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]