Reported results from the first 15 drill holes (1,302 m HQ core drilling, holes SCC-07-01 to 15) targeted on a zone of historic workings known as La Colorada. Highlights include hole SCC-07-01, returning 14.4 m grading 0.39 g/t Au and 95 g/t Ag from 19 m and hole SCC-07-02, returning 5.6 m grading 2.87 g/t Au and 936 g/t Ag from 59.5 m. A third party estimations of resources in the Animas-Refugio and La Colorada sectors is ongoing. In the Animas-Refugio sector, the company has diamond drilled 15,184m in 131 holes and, in the La Colorada sector, 6,454m in 64 diamond drill holes.
December 13, 2007
Reported results from 44 additional drill holes (6,288m HQ core drilling) from the Phase IIA drilling on the Copala silver-gold project. Highlights include hole SC-07-98, returning 5.59 m grading 1.57 g/t gold and 223 g/t silver from 104.75 m and hole SC-07-99, returning 7.91 m grading 1.10 g/t gold and 138 g/t silver from 115 m. The drill program included both infill and step out drill holes to define the extent of mineralization both down dip and along strike.