Sunset Cove Mining: Strong Underground Assay Results From the Carolay Vein and Extends Strike Length
9 of 20 Assay Results Averaging More Than 116 g/t of Silver
Toronto, Ontario--(Newsfile Corp. - September 12, 2013) - Sunset Cove Mining (TSXV: SSM) (BVL: SSM) is pleased to announce the results of 20 underground samples from five of the six recently discovered adits on its Carolay Silver Property in La Libertad, Peru.
The assays returned averages of more than 116 grams per tonne silver from nine of the chip samples. The samples come from the new adits announced on November 27th, 2012 and the San Sebastian adit announced on February 20, 2013. The distance from the main Carolay Adit (Adit A) to Adit F, which returned up to 483g/t silver over 20 cm in a channel sample and is driven on the main Carolay Vein, is more than 480 meters horizontally and approximately 100 meters vertically. The highest assay obtained was a sample with greater than 1,500 g/t in a chip sample of 16 cm from Adit C, approximately 100 meters west of the main Carolay Adit.
The distance from the mail Carolay Adit to the San Sebastian Adit is over 3 kilometers. The San Sebastian adit returned up to 51.6 g/t silver.
"With these high grade results with up to more than 1500 g/t of silver in one of the adits, we believe that the assays demonstrate the potential viability of the Carolay Silver Project," said Lorne Woods President of Sunset Cove Mining.
As seen in the table, the ALS lab in Lima processed over 20 underground channel samples. The results from the five higher adits show strong silver mineralization over an additional 480 meters of the Carolay vein to the west of the main Carolay Adit.
"It is important to remember that the silver grade obtained represents the parts of the vein that was left by previous miners who were attracted by the high grade silver in the Carolay Vein," added Marc Blais COO of Sunset Cove.
When combined with past results, the new data adds to Sunset Cove's geological understanding of the property and helps to build a more complete 3-D model of the potential for the Carolay Silver Vein. "With further exploration on the property we hope to be able to track the additional veins, like Carolay 1, for a similar length and with added drilling construct a maiden resource."
"It is positive Silver results like these and the potential at our graphite property in Quebec that we believe will add some significant value to our shares going forward." said Woods.
About Sunset Cove - Sunset Cove Mining Inc. is a dynamic Canadian junior mineral exploration and development company dedicated to driving shareholder value through the economical acquisition, exploration and development of strategic metals properties in Canada and Latin American locations to the point where they become attractive joint venture or acquisition targets. Sunset currently has two properties in its portfolio, a graphite property in Quebec and the Carolay Silver property in Peru.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr. Michael Dufresne, M.Sc., P.Geo. of APEX Geoscience Ltd. an independent consultant and Qualified Person as designated by National Instrument 43-101 who has reviewed the technical content of this release. Mr. Bratzon Salvador, Operations manager, supervises exploration at Sunset Cove's projects. All technical information for the company's projects is obtained and reported under a formal quality assurance and quality control (QA/QC) program.
Some of the statements contained herein may be forward-looking statements that involve known and unknown risks and uncertainties. Results presented in this press release are exploratory in nature. Historical data, if mentioned, should not be relied upon, as they are not admissible under NI 43-101 rules and the Company has not conducted sufficient testing to verify this type of information. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability, and the uncertainty of access to additional capital. Sunset Cove disclaims any obligation to update any such forward-looking statements.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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