TORONTO, Sept. 20, 2012 /CNW Telbec/ - (TSXV: SSM) (BVL: SSM) Mr. Lorne Woods, president of Sunset Cove, is pleased to report
additional assay results from the recently discovered Lindsay Vein (see
SSM news release dated Aug 21, 2012) at the Carolay Silver Polymetallic
property located in the department of La Libertad, Peru.
The exposed portion of the Lindsay vein, which measures 13 metres wide
and is open to the north-west, is structurally complex, containing both
banded and brecciated textures and mineralized veinlets of sphalerite,
galena and iron-manganese oxides. The vein has a strike of 277° azimuth
and a dip of 65° north-east.
Three channel samples have returned the following results.
The sulfide structure returned a weighted average grade of 25.20 grams
per tonne (g/t) silver (Ag), 0.02 percent (%) copper (Cu), 0.02% lead
(Pb) and 0.03% zinc (Zn).
Adjacent is a second structure that consists of wallrock with a small
horizontal vein that contains iron oxides; the assay results yielded
low Ag and Zn values but one of the samples returned anomalous gold
(Au) values with a single channel sample yielding 1.99g/t Au over
The third structure in the trench is a hydrothermal breccia. The
breccia yielded a weighted average grade for the channel samples of
4.63g/t Ag, 0.01% Cu, 0.01% Pb and 0.04% Zn over a 2.85 meters.
"These assay results along with extensive alteration and the presence of
hyrothermal breccias at the Lindsay vein are very encouraging," said
Lorne Woods, President of Sunset Cove. "The understanding we have now
about the Lindsay vein is leading us to call it a structure. Also it is
the first very large mineralized zone we have found on the property to
Field exploration is being planned around the Lindsay and Maria vein
complex and will include mapping, trenching and assaying to determine
the surface grade and continuity of the structures. Development work
including road building and drill pad construction will begin shortly
in anticipation of a drill campaign commencing in October.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr.
Michael Dufrense., M.Sc., P.Geol. of Apex Geoscience 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.
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 precious metals properties in proven Latin American locations to the
point where they become attractive joint venture or acquisition
targets. Sunset Cove is in Peru now, because now is the time to be in
Peru, and has a wholly owned Peruvian subsidiary, Minera Sunset Del
Peru S.A.C based in Lima, and is building a Peruvian mining portfolio
in precious metals.
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."
SOURCE: SUNSET COVE MINING INC.
For further information:
President Sunset Cove Mining
(877) 234-0692; ext. 250