Silvercrest Targets Production Santa Elena in Six Months

VINCENT WEBER, Fundamental Research Corp. (09/08/2009)
"Despite a long history of mineral exploitation, we believe the potential for the discovery of profitable ore deposits is growing in many Latin American countries. . .Mexico for example covers an area of approximately 1.96 million km2. Data from 2006 suggests that while approximately 60% of the area hosts geological conditions for the existence of ore deposits, only 15% of Mexico has seen basic exploration, while only 4% of the country has been fully explored for ore deposits. . .A company Fundamental Research Corp. is following that has had recent success in Mexico, and may be of interest to readers as investment opportunities. . .Silvercrest Mines Inc. is targeting production at the Santa Elena project in Mexico within the next six months. The project has probable reserves of 0.34 million ounces of gold and 11.93 million ounces of silver."

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