Diorite Delight
Golden Tag’s David Rigg Talks Up His Mexico Silver-Plus Property
Kevin Michael Grace

Golden Tag Resources Ltd V.GOG) announced September 24 results from three drillholes at the San Diego Property in the Velardeña Mining District, Durango State, Mexico. San Diego comprises 92 hectares located 160 kilometres northeast of Durango and is a 50/50 joint venture between Golden Tag and Golden Minerals Co T.AUM.

Highlights include

0.04 grams per tonne gold, 58 g/t silver, 0.63% lead, 0.38% zinc, 0.04% copper (92 g/t silver equivalent) over 9.55 metres
0.04 g/t gold, 53 g/t silver, 0.48% lead, 1.34% zinc, 0.17% copper (119 g/t silver equivalent) over 232.72 metres
0.1 g/t gold, 289 g/t silver, 1.36% lead, 0.54% zinc, 0.09% copper (355 g/t silver equivalent) over 14.85 metres
0.05 g/t gold, 25 g/t silver, 0.64% lead, 0.6% zinc, 0.06% copper (66 g/t silver equivalent) over 20.8 metres
0.03 g/t gold, 43 g/t silver, 0.65% lead, 0.8% zinc, 0.06% copper (89 g/t silver equivalent) over 66.6 metres
0.28 g/t gold, 67 g/t silver, 1.6% lead, 0.96% zinc, 0.02% copper (151 g/t silver equivalent) over 18.4 metres
0.07 g/t gold, 63 g/t silver, 0.77% lead, 1.59% zinc, 0.2% copper (148 g/t silver equivalent) over 240.85 metres
0.15 g/t gold, 118 g/t silver, 1.12% lead, 9.18% zinc, 0.41% copper (434 g/t silver equivalent) over 16.8 metres

Golden Tag is the operator and may increase its share to 60% by spending $3 million on exploration. It has currently spent $1.8 million.

According to a January 2009 43-101 resource estimate, San Diego contains indicated resources of 4,000 ounces gold, 2.9 million ounces silver, 14.7 million pounds lead, 10.8 million pounds zinc (4.2 million ounces silver equivalent) and inferred resources of 93,000 ounces gold, 76.5 million ounces silver, 876.5 million pounds lead and 1.05 billion pounds zinc (214.3 million ounces silver equivalent).

Golden Tag CEO David Rigg spoke to Kevin Michael Grace September 24, read his interview on their recent results here.