Wildcat Silver announced that their exploration drilling program in the Patagonia area more than doubled their 2010 resource estimate. The Hermosa project now shows:
Indicated resource of 101.4 million tonnes of 53.18 g/t silver for 171.3 million ounces of silver.
Inferred resource of 83.6 million tonnes of 36.42 g/t silver for 98.6 million ounces of silver.
Opponents of the project are fighting approval by the U.S. Forest Service to allow core drilling on the federal lands arguing that a full EIS needs to be done now, rather than after the company determines if there are sufficient resources present to justify trying to permit a mine. [Right, location map of Hermosa silver exploration project near Patagonia. Credit, Wildcat Silver]
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