Mega Silver Options Eagle Vein Property

VANCOUVER, BC - Mega Silver Inc. reported that it has entered into an option agreement with Avino Silver & Gold Mines Ltd. to earn the exclusive right and option to acquire a 100% title and interest in the Eagle Property located in the historic Keno Hill silver district that has produced over 200 million ounces of silver. The property area is located roughly 38 kilometres northeast of Mayo and 350 kilometres due north of the capital of Whitehorse, Yukon Territory.
The Eagle Property is comprised of 14 Quartz Mining Leases within the Mayo Mining District, Yukon Territory. The property totals 209.8 hectares in three adjacent blocks that extend across roughly 4 kilometres on Galena Hill along the projected strike of the Eagle Vein. The addition of the Eagle Property to the Fisher and Spiderman Properties brings Mega Silver's total land position to 1,595.8 hectares in two adjacent claim blocks.
The Eagle Property includes historic surface trenches that expose a section of the Eagle Vein, a strong transverse vein-fault hosted in Keno Hill Quartzite. The Eagle Vein varies from 0.6 to 4.9 metres wide with mineralized lenses of galena, tetrahedrite and sphalerite. Yukon Government files report that a total of 33 holes totalling 3,075.5 metres have been drilled along 300 metres of vein strike on the property in two programs (1964 and 1978/79).
The company's address is PO Box 12532, Oceanic Plaza, 1066 West Hastings Street, Suite 680, Vancouver, BC V6E 3X1.