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BALUARTE

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BALUARTE
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location:
Mexico, Sinaloa
Nearest Landmark: MAZATLAN
Distance from Landmark: 75 km
Direction from Landmark: East
Latitude: 23 Degrees 13 Minutes (North)
Longitude: 105 Degrees 41 Minutes (West)
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Property News

June 30, 2008
Mapping of the property is currentlybeing performed. In addtion, trenching is actively conducted to uncover mineralized quartz veins. During the 2007-2008 field campaign, a total of 95 channel and grab rock samples were collected from diverse sites on the property. Geochemical Analyses Santa Rita Showing A total of 40 rock samples collected from the principal vein (11 grab and 29 channel) were submitted for Au and Ag analyses. The assay results indicate that the Au and Ag concentrations are relatively high but also display significant variations, producing averages of 9.40±16.41 g/t Au (1sd) and 434±834 g/t Ag respectively. For the quartz vein located 55 m due west and unearthed by five trenches, average assay values of 2.12±1.47 g/t Au and 91±83 g/t Ag for 9 samples (2 grab and 7 channel) were obtained. The entire Santa Rita vein system yield average assay values of 6.74±14.03 g/t Au and 310±709 g/t Ag for 59 samples. La Campana Showing Significant Au and Ag values were obtained from the walls and pillar from the La Campana adit (0.16-16.7 Au (g/t) and 9-626 Ag (g/t)) as well as from the top of the hill where the adit breaks through (41.7 Au (g/t) and 704 Ag g/t). Overall, the 22 collected samples from the La Campana Structure produced averages of 3.37±9.37 g/t Au (1sd) and 89±202 g/t Ag respectivel El Sacrificio Showing A total of 14 samples (3 grab and 11 channel) were collected from the main El Sacrificio adit and from two trenches revealing the NW extension of the mineralized quartz breccia. These samples produced averages of 5.84±13.44 g/t Au and 26±55 g/t Ag.

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