AGORACOM Small Cap CEO Interviews
Business
Fabled Seeks to Increase 43-101 Resource with Continued Success through Drilling in Mexico
Fabled Silver Gold controls 100% of the Santa Maria Gold and Silver property in Mexico. It is a high grade underground mine with a rich mining history and a Silver Equivalent 43-101 with 3.2million ounces Indicated and 1.1m inferred.
Santa Maria, surprisingly, has never been systematically explored with modern methods, until now. FCO is 2000 meters into their first drill program of a planned 8000 meters to support updating the 43-101,and have recently reported on drill holes 4 and 5 from the Santa Maria Property in Parral, Mexico.
The mining friendly jurisdiction of Parral has produced over 250M oz silver. Moreover, multiple major operators in the vicinity, including three toll mills are within a 20 km distance.
Watch this great interview with CEO Peter Hawley as he explains how these results support increasing the resource, as well as identifying new structures that support finding new discoveries.
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