Mr. Chris England, President and CEO of Silver Fields Resources Inc., announced recently that the Ministry of Energy and Mines has granted a Mines Act permit which authorizes exploration activities on the Company’s Keremeos Silver Project, located on Mount Richter, between Keremeos and Osoyoos in the Similkameen Mining District of British Columbia. The property consists of 15 mineral claim tenures, encompassing 2,048 Hectares (4,506 acres).
The exploration plans for 2012 include mechanized trenching and sampling as well as up to 2,000 metres of drilling as recommended by Mr. Peter Folk, P.Eng., the mine manager of the former Dankoe-Utica Silver Mine, and Silver Fields’ project geologist. Mr. Folk is also a Qualified Person as defined by National Instrument 43-101. Trenching and drilling will focus on several new mineralized areas discovered in the 2011 exploration season, namely the “Cow Trail Vein” (3.67 g/t gold, 1625 g/t silver); the “ Silver Fields Vein” (5.69 g/t gold, 956 g/t silver); and the “Tire Line Vein” ( 54.10 g/t gold).
The issuing of the Silverfields permit comes on the heels of an announcement by the province in January that it was withdrawing support for the national park proposal in the Okangan - Similkameen. That announcement was followed shortly afterwards by a statement issued by Parks Canada on their website that they would no longer pursue a dialogue with stakeholders regarding a national park in the area.