New silver mineralised field identified on Eyre Peninsula
Strong silver and gold potential identified throughout large and newly recognized Peterlumbo epithermal volcanic field northwest of Kimba in South Australia.
Scattered small outcrops of brecciated and mineralised rhyolite volcanics located over 5km square area by mapping thus far.
High silver values up to 102 ppm silver returned from limited rock sampling.
Extensive silver and gold anomalies in soil geochemistry over broader sandcovered areas between outcrops.
read full report here http://imagesignal.comsec.com.au/asxdata/20100702/pdf/01076280.pdf
This is all very positive for SNU anf their shareholders..
SNU Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held