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Canadian Silver Hunter Inc

Canadian Silver Hunter Inc (AGH.H)

0.025
0.00
(0.00%)
Closed May 05 4:00PM

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Key stats and details

Current Price
0.025
Bid
0.02
Ask
0.03
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Market Cap
Previous Close
0.025
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
28,519,000
Dividend Yield
-
PE Ratio
11.11
Earnings Per Share (EPS)
-
Revenue
-
Net Profit
51k

About Canadian Silver Hunter Inc

Sector
Miscellaneous Metal Ores,nec
Industry
Miscellaneous Metal Ores,nec
Headquarters
Toronto, Ontario, Can
Founded
1970
Canadian Silver Hunter Inc is listed in the Miscellaneous Metal Ores sector of the TSX Venture Exchange with ticker AGH.H. The last closing price for Canadian Silver Hunter was $0.03. Over the last year, Canadian Silver Hunter shares have traded in a share price range of $ 0.00 to $ 0.00.

Canadian Silver Hunter currently has 28,519,000 shares outstanding. The market capitalization of Canadian Silver Hunter is $570,380 . Canadian Silver Hunter has a price to earnings ratio (PE ratio) of 11.11.

AGH.H Latest News

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AGH.H Discussion

View Posts
DesTom DesTom 4 years ago
Looks like this one is coming alive and putting news out!

https://www.stockwatch.com/News/Item?bid=Z-C%3aAGH-2946079&symbol=AGH®ion=C
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DesTom DesTom 4 years ago
Looks like this one is coming alive and putting news out!

https://www.stockwatch.com/News/Item?bid=Z-C%3aAGH-2946079&symbol=AGH®ion=C
👍️0
DesTom DesTom 4 years ago
Looks like this one is coming alive and putting news out!

https://www.stockwatch.com/News/Item?bid=Z-C%3aAGH-2946079&symbol=AGH®ion=C
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The_Medik The_Medik 11 years ago
CANADIAN SILVER HUNTER ANNOUNCES $40,000 NON-BROKERED PRIVATE PLACEMENT

Canadian Silver Hunter Inc. intends to complete a non-brokered private placement financing of 400,000 common shares issued on a flow-through basis at a price of 10 cents per common share for gross proceeds of $40,000.

The securities issued pursuant to the offering will be subject to a four-month-and-one-day statutory hold period. The offering is also subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. CSH will use the net proceeds from the offering to finance continued exploration on its South Lorrain project.

It is anticipated that certain related parties of CSH, namely certain officers and directors of CSH, may participate in the offering, which would constitute a related-party transaction as such terms are defined by Multilateral Instrument 61-101 -- protection of minority security holders in special transactions. CSH would rely on the exemptions from the formal valuation and minority approval requirements under MI 61-101 based on the fair market value of the common shares, and the fair market value of the consideration therefor, in respect of the related-party participation in the offering, representing less than 25 per cent of CSH's market capitalization.

We seek Safe Harbor.
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The_Medik The_Medik 11 years ago
Company is buying back their stock.
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The_Medik The_Medik 11 years ago
Way overdue for a POP here.
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The_Medik The_Medik 11 years ago
Whoever is selling is sure giving away their shares at rock bottom prices IMO.
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The_Medik The_Medik 11 years ago
$AGH.V...no too many shares out there.
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The_Medik The_Medik 11 years ago
A bit of volume over the last few days.
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The_Medik The_Medik 11 years ago
Canadian Silver Hunter Expands Project Area and Launches New Website
TORONTO, ONTARIO--(Marketwired - April 8, 2013) - Canadian Silver Hunter Inc. (the "Company") (TSX VENTURE:AGH) is pleased to announce the expansion of its exploration area and the launch of its new website: www.candiansilverhunter.ca.

The Company's "South Lorrain Project" includes (i) the Keeley Frontier property, which has been the focus of the Company's exploration program to date; and also includes (ii) the Veinlode claims consisting of 26 patented leases currently held by Veinlode Silver Mines Ltd., covering approximately 444 ha and which are located directly west of and contiguous with the Keeley Frontier property; (iii) the Montreal River Extension consisting of 6 unpatented claims (79 claim units) covering approximately 1300 ha, which are located west of and contiguous with the Veinlode claims; and (iv) the Tooth Lake claim, located south of the Keeley Frontier property.

More information on the South Lorrain Project can be found on the Company's updated website, which was redesigned to provide easy access to the Company's progress and plans. The website will now meet the increasing demands of both retail and institutional shareholders, prospective investors, investment advisors, and financial institutions, by offering simplified navigation of exploration, project, and corporate information.

About Canadian Silver Hunter Inc.

Canadian Silver Hunter Inc. is a Canadian exploration company focused on the exploration of silver-cobalt deposits on its flagship South Lorrain Project (formerly the Keeley Frontier Project). The South Lorrain Project is located within the historic South Lorrain Silver Camp, which along with the historic Cobalt and Gowganda silver camps is part of a world class silver district in the Abitibi Greenstone Belt between Temagami and Kirkland Lake, in northeastern Ontario.

The South Lorrain Project is made up of four properties, centered by two prolific past producing silver-cobalt mines, the Keeley and the Frontier. Combined production from the two mines totaled 19.2 million ounces of silver, and 3.3 million pounds of cobalt, with an average grade of 58 ounces of silver per tonne.

Recent diamond drilling by the Company returned significant silver values between 111.0 and 122.3 metres downhole, including 1517.0 g/tonne over 0.3 metres, 479 g/tonne over 0.4 metres, and 91 g/tonne over 0.3 metres. This zone appears to be related to a new silver bearing structure.

Results from the recent power stripping and channel sampling program returned silver values ranging from 0.4 g/t to 190 g/t, with only 7 of the 77 samples taken assaying below 1.0 g/t Ag.

The company will continue to focus its exploration efforts on the existing targets located on the Keeley-Frontier property portion of the project. For further details about the Company's project and plans please visit the Canadian Silver Hunter Inc. website at www.canadiansilverhunter.ca.

Mr. Gerald Harron, P. Eng., is the "Qualified Person" under NI 43-101 and has reviewed and approved the technical information contained in this news release. Any potential quantities and grades noted herein are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in any targets being delineated as a mineral resource.

This release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration or project development related to the Company's mineral properties, outcomes of proposed or contemplated acquisitions or other transactions, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

Neither the 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.

Contact Information:
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(647) 348 6966
jhunter@cshi.ca
www.canadiansilverhunter.ca
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The_Medik The_Medik 11 years ago
http://www.dailysilvernews.com/
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The_Medik The_Medik 11 years ago
General reading about Silver and Gold


http://moneymorning.com/tag/investing-in-silver-2013/
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The_Medik The_Medik 11 years ago
Summer's around the corner, I wonder when they will announce any work programs?
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The_Medik The_Medik 11 years ago
Bids should start to move up.
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The_Medik The_Medik 11 years ago
Going to have its day in the sun IMO.
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The_Medik The_Medik 11 years ago
Lets see if they announce another drill program for 2013.
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The_Medik The_Medik 11 years ago
Looks like the bids have moved up.
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The_Medik The_Medik 11 years ago
It's next to impossible to get shares at these prices.
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The_Medik The_Medik 11 years ago
Share structure:


18,188,000 issued and outstanding
6,300,000 shares in escrow
5,600,000 warrants
24,538,000 fully diluted
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The_Medik The_Medik 11 years ago
Management team:

Management and Directors

Jeffrey Hunter
President, Chief Executive Officer, Secretary and Director
Mr. Hunter was appointed President and Chief Executive Officer of the Corporation in November, 2006. Mr. Hunter previously held the position of VP Corporate Finance and Investor Relations of Grey Island Systems International Inc. (now WebTech Wireless Inc.), which was a Canadian company engaged in the development of GPS related software. Mr. Hunter has approximately 20 years of experience and exposure in the junior exploration and mining industry, working as an investment banker and gaining corporate finance experience for public and private mineral resource exploration companies.

Carmelo Marrelli
Chief Financial Officer
Mr. Marrelli is a chartered accountant and certified general accountant, and graduated from the University of Toronto with a Bachelor of Commerce. Mr. Marrelli was appointed Chief Financial Officer of the Corporation in January, 2011. He is an independent contractor of the Corporation and devotes approximately 5-10% of his time to the Corporation. Since February 2009, Mr. Marrelli has been a principal of Marrelli Support Services Inc., a company that provides bookkeeping services. From 2004 to 2009, Mr. Marrelli was a partner with Marrelli & Drake Corporate Services in Toronto, Ontario, a firm which provided administration services to public companies in Canada. Mr. Marrelli also serves as chief financial officer of a number of companies whose securities are traded on the Exchange.

Shastri Ramnath
Director
Ms. Ramnath has over 13 years of experience working with companies in the exploration and mining industry, including two years at Falconbridge Limited, and over eight years with the Exploration and Resource Group of FNX Mining (now KGHM International). Most recently, Ms. Ramnath acted as the President and Chief Executive Officer of Bridgeport Ventures Inc., a public Canadian exploration company.

Robert Gordon
Director
Mr. Gordon graduated from the University of Western Ontario with an M.B.A. and from Queens University with a B.Sc. in Geophysics. Mr. Gordon became a director of the Corporation in April, 2011, and devotes approximately 10% of his time to the Corporation. Since 2006, Mr. Gordon has held the positions of Manager with Caracle Creek International Consulting Inc., a geological and geophysical consulting company that provides geological and engineering services to mineral exploration companies, and Director of Marketing with Quantec Geoscience, a company that provides geophysical exploration and data analysis services.
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The_Medik The_Medik 11 years ago
Some cool maps: http://www.canadiansilverhunter.ca/exploration.html
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The_Medik The_Medik 11 years ago
Canadian Silver Hunter Announces New Near-Surface Zone at Keeley Frontier
Press Release: Canadian Silver Hunter Inc. – Tue, Jun 19, 2012 3:15 PM EDT
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AGH.V 0.055 0.00

TORONTO, ONTARIO--(Marketwire -06/19/12)- Canadian Silver Hunter Inc. (the "Company") (AGH.V) is pleased to release final results of recent drilling at the Keeley-Frontier Silver project in South Lorrain Township. The Company completed a six hole 2058 metre drill program on the Keeley-Frontier project in February 2012. Final assays results including infill sampling, second lab check assaying and screen metallic assaying have now been received and compiled. Initial results were announced on April 3, 2012. Significant silver-bearing zones were intersected in four of the six holes.
Highlights


-- Diamond drill hole CSH12-03 returned significant silver values between
111.0 and 122.3 metres downhole, including the following screen metallic
assays:
-- 1517.0 g/tonne over 0.3 metres
-- 479 g/tonne over 0.4 metres
-- 91 g/tonne over 0.3 metres

The entire interval starting at 111.0 metres returned a composite silver value of 72.47 g/t Ag over 11.3 metres, including 168.22 g/t over 4.2 metres, with no individual silver assay below 2.4 g/t. This zone appears to be related to a new silver-bearing structure, hence the geometry is unknown, and true thickness cannot be determined. Surface prospecting is currently underway in the vicinity of CSH12-03. Historical information indicates that no drilling has been done in this area, and only one 1920's era exploration drift extended close to this area (eighth level- # 40 vein).
As well, anomalous silver, cobalt and copper values occur throughout the upper portion of CSH12-03 associated with faulting, lamprophyre dykes and syenite bodies.
President and CEO of Canadian Silver Hunter Jeff Hunter states: "We are really pleased with the way the first phase drill program went, with significant silver values located along a number of structures, some of which are relatively close to surface. The high silver values intersected in hole CSH12-03 are in a previously unmapped, unexplored structure that we will be focusing on as part of the 2012 summer program.
Other highlights include:


-- CSH12-04 returned a composite silver assay of 25.9 g/tonne over 4.3
metres, starting at 254 metres downhole. These results appear to
correlate to the north extension of the Beaver Lake Fault.

-- CSH12-05 returned a composite silver value from the Beaver Lake Fault of
398.42 g/tonne over 1.9 metres, however 0.9 metres of this intersection
was lost core or void due to the hole intercepting what is interpreted
to be old workings at 258.8 metres downhole.

-- CSH12-06 was drilled to test within 25 metres below and west of CSH12-05
in order to avoid the historic drift/stope area and returned a composite
silver value of 58.21 g/t over 0.95 metres.

Phase II Exploration Program
Follow-up drilling is warranted, based on the above results. The near surface discovery of widespread silver values in CSH12-03 will be explored on surface in July-August using an excavator. Additional areas for surface sampling and multi-element assaying are being evaluated by ongoing geological mapping. This work will aid in correlating numerous collapsed trenches on surface with silver-copper-cobalt-bismuth-nickel bearing structures outlined by recent drilling.
Priority for phase II drilling will focus on defining the extent and geometry of the new zone in CSH12-03, and will begin as soon as surface work and additional historic data can be compiled into the Gemcom model.
Project Logistics and QA/QC
All analyses reported in this release are from assay certificates which passed both Canadian Silver Hunter, AGAT Laboratories, and ALS Chemex QA/QC procedures.
All drill core was logged at Canadian Silver Hunter's core shack facility in North Cobalt, Ontario. Samples were split and sent for aqua regia digestion and multi-element (including Ag, Co, Ni, Bi, Sb) analysis (ICP-OES finish) at AGAT Laboratories Ltd. in Mississauga, Ontario. The drill program was carried out under contract by Laframboise Drilling Inc. of Earlton, Ontario, managed by JVX Ltd, and supervised by David R. Jamieson, P.Geo and Dean R. Cutting, P.Geo.
AGAT is a fully accredited laboratory and conforms with the requirements of CAN-P-4E (ISO/IEC 17025:2005) and CAN-P-1579 by the Standards Council of Canada. AGAT Laboratories provides delivery of split core samples from the Canadian Silver Hunter core shack in North Cobalt, to the preparation lab in Sudbury, Ontario. Analysis is performed at AGAT facilities in Mississauga, Ontario. QA/QC programs include the use of standard and blank samples inserted into the assay stream by Canadian Silver Hunter personnel every 25 samples in addition to the lab's internal QA/QC programs. Samples assaying greater than 100 g/t Ag are fire assayed with a gravimetric finish. QA/QC also included sending selected pulp samples for check assays at an independent lab (ALS Chemex) using both four acid (MEMS-61) and aqua regia (MEMS-41) digestions for multi-element analysis.
Selected higher grade silver and several random sample rejects were chosen for screen metallic analysis for silver only, at AGAT Laboratories. A final silver number for the database and this press release was arrived at by averaging geochemical values; geochemical values were replaced by fire assay or screen metallic analyses when available. QA/QC results indicate that the AGAT aqua regia digestion and multielement analytical procedures used on this program are reliable. Screen metallic assaying is required to more accurately quantify silver values in higher grade portions of the mineralized zones due to the presence of coarse native silver.
A table of drilling information will soon be posted on the company web site soon at www.canadiansilverhunter.ca.
Mr. Gerald Harron, P.Eng., is the "Qualified Person" under NI 43-101 and has reviewed the technical information contained in this news release.
About Canadian Silver Hunter
Canadian Silver Hunter Inc. is a Canadian based junior precious metals exploration company. The Company's flagship project is the Keeley Frontier property located near Cobalt Ontario. The Company's current focus is on exploration of the Keeley Frontier project for silver, cobalt and nickel deposits.
CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
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.
Contact:

Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(416) 707-4230
jhunter@cshi.ca
www.canadiansilverhunter.ca
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The_Medik The_Medik 11 years ago
Canadian Silver Hunter Inc.: Closing of Strategic Investment in Claims Adjacent to Keeley Frontier Project
Press Release: Canadian Silver Hunter Inc. – Tue, Nov 20, 2012 8:00 AM EST
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AGH.V 0.055 0.00

TORONTO, ONTARIO--(Marketwire - Nov 20, 2012) - Canadian Silver Hunter Inc. (the "Company") (TSX VENTURE:AGH) is pleased to announce that it has closed its acquisition of a one-third interest in Veinlode Silver Mines Limited ("Veinlode"), thereby acquiring an indirect interest in certain claims adjacent to the Company''s Keeley Frontier project. The transaction was first announced in a press release issued by the Company on October 24, 2012.
Pursuant to the transaction the Company acquired, from an arm''s length vendor, 13,333 of the 40,000 outstanding common shares of Veinlode, representing a one-third interest. The consideration for the acquisition consisted of:
13,333 common shares of the Company at a deemed price of $0.075 per share, and
a cash payment of $15,000.
Jeffrey Hunter, President and Chief Executive Officer of the Company, commented, "We are very pleased to become a significant shareholder in Veinlode. This strategic investment will serve as a valuable platform for developing further exploration potential around the Keeley Frontier project."
About Canadian Silver Hunter Inc.
Canadian Silver Hunter Inc. is a Canadian-based junior precious metals exploration company. The Company''s flagship project is Keeley Frontier, located near Cobalt, Ontario. The Company''s current focus is on exploration of the Keeley Frontier project for silver, cobalt and nickel deposits.
CAUTIONARY STATEMENT: This release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management''s expectations. Forward-looking statements include estimates and statements that describe the Company''s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration or project development related to the Company''s mineral properties, outcomes of proposed or contemplated acquisitions or other transactions, and the Company''s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company''s forward- looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company''s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Contact:
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(416) 707-4230
jhunter@cshi.ca
www.canadiansilverhunter.ca
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The_Medik The_Medik 11 years ago
Recent News: Canadian Silver Hunter Announces a Second New Near-Surface Target at Keeley Frontier Project
Press Release: Canadian Silver Hunter Inc. – Fri, Jan 18, 2013 7:00 AM EST
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AGH.V 0.055 0.00

TORONTO, ONTARIO--(Marketwire - Jan. 18, 2013) - Canadian Silver Hunter Inc. (the "Company") (TSX VENTURE:AGH) is pleased to release final results of recent sampling at the Keeley Frontier silver project in South Lorrain Township, Ontario. The Company completed a power-stripping and channel sampling program near Gibson Lake on the main Keeley Frontier claim block in November of 2012. As well, one pit was dug by excavator to a depth of 2 metres in a tailings area, with five grab samples taken at various depths in the tailings profile.
Highlights
• Channel line 7 returned composite silver values of 69.3 g/t Ag over the full length of 2.9 metres, including 86.8 g/t Ag over 2.25 metres.
- These samples also include base metal values of 0.91% Pb, 0.65% Zn, 0.28% Cu over 2.25 metres.
- One sample returned a value of 174 g/t Ag and 1.46% Pb over 0.95 metres.

• Channel line 8 returned a composite silver value of 28.0 g/t Ag over 2.05 metres, with 0.58% Pb, and 0.69% Zn. The composite included 70 g/t Ag 1.31% Pb, 1.64% Zn and 0.42% Cu over 0.6 metres.

• Channel line 2 returned a composite silver value of 70.4 g/t Ag over 1.85 metres, including 190 g/t Ag over 0.6 metres.

• Five (5) grab samples of tailings material (sand, silt and clay) exposed at various depths in one location by an excavator at depths ranging from surface to 1.8 metres depth returned silver values of 404 g/t Ag, 191 g/t Ag, 175 g/t Ag, 124 g/tonne and 74.8 g/t Ag.

• The tailings grab samples also assayed up to 0.053% bismuth, 0.33% cobalt, and 0.09% nickel.

A total of 50.45 metres of channel cuts were completed and assayed for silver and trace elements. The average length weighted composite for all 77 channel samples taken is 11.33 g/t Ag, 0.12% Pb, 0.14% Zn and 0.12% Cu. Silver values ranged from 0.4 g/t to 190 g/t, with only seven samples assaying below 1.0 g/t Ag. A similar widespread dispersion of Pb, Zn and Cu values was also noted, with a high correlation to Ag values.
The stripped area consists of one rock type; pillowed mafic volcanics, cut by numerous brittle steeply dipping fractures and faults trending mainly between 310 and 330 degrees. Disseminated pyrite, chalcopyrite, galena, sphalerite, arsenides, native silver and bismuth were visible within and adjacent to many of the fractures. Calcite, and reddish dolomitized volcanics were locally present.
The Gibson Lake structural trend was located by surface prospecting of IP anomalies during the summer of 2012. Historic trenching was exposed using an excavator and high pressure water for approximately 40 metres along strike. Additional caved trenches can be observed along the trend. The width of the mineralized trend is exposed for 10 to 15 metres.
There are no records of previous exploration results in the Gibson Lake area. Silver and cobalt production are known to have occurred 300 metres to the east from the Woods and Watson veins. It is important to note that the current surface stripping is well outside (above by approximately 100 metres) the historic "productive zone" with which the Keeley Frontier high grade silver zones are associated. The "productive zone" follows the shallow dipping Nipissing sill/volcanic rock contact, generally 100 metres above and 50 metres below the sill contact, where most of the high grade silver and cobalt has been found. The top of the "productive zone" could be reached with a 150 metre long drill hole beneath the Gibson stripping.
It is also of interest to note that historic exploration and production in the South Lorrain silver camp focused on underground drifting along narrow high grade structures and there was generally no exploration for wider, lower grade mineralized zones using geophysics, surface drilling or power-stripping. Strong chargeability anomalies from earlier IP surveying completed by the Company suggest the presence of disseminated sulphide/arsenide targets along a northwest trending anomaly 100 metres wide by at least 400 metres long stretching northwest from the Gibson Lake area stripping.
Follow-up work on the Gibson targets will include additional geophysics and power-stripping, with shallow drilling based on additional channel sampling results. Additional power-stripping is also required proximal to hole CSH12-03 (168.22 g/t Ag over 4.2 metres within a zone grading 72.47 g/t Ag over 11.3 metres, see June 19, 2012 press release). Weather conditions this fall did not allow for sufficient power-washing of the site and no channel sampling could be completed. This area is 750 metres south of the Gibson Lake stripping and remains a high priority for surface sampling and diamond drilling.
Sampling along the edge of Little Beaver Lake was done in one location to examine the depth of tailings and distribution of silver and other metals in the tailings profile. Five (5) samples were assayed at Agat Labs and returned silver values between 74.8 g/tonne (2.18 ounces per ton) and 404 g/tonne (11.78 ounces per ton). These silver levels are encouraging and systematic sampling of tailings is being considered as part of the next exploration program.
Project Logistics and QA/QC
All analyses reported in this release are from assay certificates which passed both Canadian Silver Hunter, and AGAT Laboratories QA/QC procedures.
Channel samples were cut with a gas powered saw using a diamond blade, similar to a core cutting saw. Samples were sent for aqua regia digestion and multi-element (including Ag, Co, Ni, Bi, Sb) analysis (ICP-OES finish) at AGAT Laboratories Ltd. in Mississauga, Ontario. The excavating, power-washing and channel cutting program was carried out under contract by Laframboise Drilling Inc. of Earlton, Ontario, managed and supervised by David R. Jamieson, P.Geo and Dean R. Cutting, P.Geo.
AGAT is a fully accredited laboratory and conforms to the requirements of CAN-P-4E (ISO/IEC 17025:2005) and CAN-P-1579 by the Standards Council of Canada. AGAT Laboratories provided pickup of the channel and tailings samples from the Company's core shack in North Cobalt, to the preparation lab in Sudbury, Ontario. Analysis is performed at AGAT facilities in Mississauga, Ontario. QA/QC programs include the use of standard and blank samples inserted into the assay stream, including the tailings samples, by the Company's personnel every 25 samples in addition to the lab's internal QA/QC programs. Samples assaying greater than 100 g/t Ag are fire assayed with a gravimetric finish. QA/QC results indicate that the AGAT aqua regia digestion and multi element analytical procedures used on this program are reliable. Screen metallic assaying may be required to more accurately quantify silver values in higher grade portions of the mineralized zones due to the presence of coarse silver.
Mr. Gerald Harron, P. Eng., is the "Qualified Person" under NI 43-101 and has reviewed and approved the technical information contained in this news release.
About Canadian Silver Hunter Inc.
Canadian Silver Hunter Inc. is a Canadian-based junior precious metals exploration company. The Company's flagship project is Keeley Frontier Project, located near Cobalt, Ontario. The Company's current focus is on exploration of the Keeley Frontier Project for silver, cobalt and nickel deposits.
CAUTIONARY STATEMENT:
This release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration or project development related to the Company's mineral properties, outcomes of proposed or contemplated acquisitions or other transactions, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
Contact:
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(416) 707-4230
jhunter@cshi.ca
www.canadiansilverhunter.ca
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The_Medik The_Medik 11 years ago
AGH.V, amazing Silver company with a lot of potential.
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