Netco Silver Commences Work Program on the Toruel Silver-Gold-Copper-Indium Project
November 23 2011 - 8:30AM
Marketwired
NETCO SILVER INC. (TSX VENTURE:NEI) ("Netco" or the "Company") is
pleased to announce that it has commenced phase 1 of a multi-phase
exploration program on the Toruel silver-gold-copper project in Rio
Negro Province, Argentina.
The program will consist of soil sampling, rock sampling,
prospecting, trenching and geological mapping. The objective of the
program is to identify additional vein systems and establish
priority locations for a subsequent drill program, with the
immediate goal of outlining a high grade zone amenable to direct
shipping of high grade ore.
To date, less than 30% of the 5,736 hectare Toruel property has
been systematically mapped and sampled and yet over 20 vein systems
have been identified, including the Toruel vein which has been
traced for approximately 1900 meters. Previous trench sampling on
the Toruel vein has returned results of up to 5871 g/t silver.
Previous drilling of the Toruel vein has returned significant near
surface results including 6.7 meters of up to 1998 g/t silver and
5.34% copper (see News Release dated October 18, 2011).
"We're excited that the systematic exploration and delineation
of additional silver mineralization at Toruel is underway,"
commented Company CEO, Andrew Gourlay. "We look forward to
following up this phase of work with an aggressive drill program in
early 2012".
Netco is a publicly traded exploration company focused on the
discovery and development of high-value precious metals deposits in
the Americas. The Toruel Property, covering 5,736 Hectares, is
located about 25 kilometers southeast of the village of Los
Menucos, Rio Negro Province, Argentina, and is prospective for
silver. The Company has the option to acquire up to 75% of the
property.
The Company's disclosure of a technical or scientific nature
contained in this press release has been reviewed and approved by
Andrew Gourlay, P. Geol., who is a qualified person as defined in
NI 43-101. For additional technical information about the Toruel
property, see the Company's existing technical report on the Toruel
Property, available on SEDAR at www.sedar.com, entitled "Toruel
Property, Rio Negro Province - Argentina", dated effective June 15,
2011, which the Company intends to update, as described in its
press release dated October 18, 2011.
NETCO SILVER INC.
Colin Bowkett, Director
For further information, please visit Netco's website at
www.NetcoSilver.com.
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.
Contacts: Netco Silver Inc. Colin Bowkett Director (604)
683-7588www.NetcoSilver.com
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