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ANCHACA

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ANCHACA
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location: Peru
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Property News

September 21, 2010
El Condor Minerals provided the results of its recently completed drilling and trenching program on the Anchaca gold-silver-copper property in southern Peru, and to announce corporate plans to exercise its option to acquire the Anchaca property and an associated financing. At the Brasilia zone, holes pierced the structural zone 170 meters apart. The zone immediately disappears to the east-north-east under cover and reappears 600 meters further along strike and 300 meters higher in elevation as the Leon breccias on the top of a ridge. Hole AN-002, drill over 155.3 m, returned 2.8 m (1.6 m true thickness) of 0.65 g/t gold, 2.35% copper, 52 g/t silver.
July 28, 2010
Lagasco announced the assay results from ongoing exploration program on the Anchaca Project in southern Peru. Results from the first two surface trenches confirm significant outcropping mineralization (+$100/t rock) over potentially mineable widths (+3 meters), including: Basilia Sur returned 6.35 meters 2.1 g/t gold with 1.45% copper at a 1.0 g/t gold cut off and at Basilia Norte found 3.45 meters 2.4 g/t gold with 0.046% molybdenum at a 1.0 g/t gold cut off
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