Summary
click to download in pdf.
The San Juan property is 24,580 hectares and is located North-West from La Preciosa Project. The company has an option agreement with Silver Standard Resources Inc. (NASDAQ: SSRI) to earn a 75% interest, by expending US$750,000 on exploration. Thus far, three silver-gold epithermal veins have been located; La Plomosa, El Vaquero and San Juan veins are known to outcrop on this property.
Objective
To locate a similar vein system like Abundancia, La Gloria and Martha on the La Preciosa Project.
Strategy
- First Step: Regional sampling survey, geological mapping (completed)
- Second Step: Trenching (completed)
- Third Step: Diamond drill program of the initial target areas, 8 diamond holes completed in late 2007 on the La Plomosa vein, results pending.
A continuation drilling program is expected to commence in the near future to test the El Vaquero vein structure.
YeOldGoldNugget's links of interest
- One Indicator The Government Can’t Ignore
- Are You Laughing or Crying About Markets?
- Introducing the Perfect Portfolio
- What does winter hold for Crude Oil?
- All 7 Traders Whiteboard videos
- Free Email Trading Course Copy
- New Video: ETF GLD is analyzed
- Seven market lessons guaranteed to improve your trading
- 5 Markets & 5 Ways To Improve Your Trading Profits In the coming years ahead
- 90 Second Gold Lesson (Video)
- Register for all the latest Trader's Blog postings Today.
![Live 24 hours silver chart [ Kitco Inc. ]](http://www.kitco.com/images/live/silver.gif)
.png)
No comments:
Post a Comment
Make new friends but keep the old ones, one is silver and the other is gold.
Although gold and silver are not by nature money, money is by nature gold and silver.
With those quotes, YeOldGoldNugget invites you to post a comment.