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EMILIA/ CEIBA

Au
1,375.93
USD/oz
-0.01
red
http://www.infomine.com/investment/metal-prices/gold/
Data as of May 21, 2013 10:14PM UTC


Key Facts
Status: Advanced Exploration
Type of Work: Underground
Location: Venezuela
                 0 km of EL DORADO DISTRICT

Commodities: Gold
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Latest Information
March 31, 2008
Drilling was directed at expanding the current resource and upgrading inferred to measured and indicated. Drilling at the Days Zone on the Emilia concession totalled 4,533 metres in 39 drill holes and encountered significant mineralization to depth and along strike of the existing open pit. Drilling along the main San Rafael/El Placer was successful in expanding several of the known ore bodies and also in the discovery of additional mineralized zones most notably ZonaX which was first encountered in a technical drill holes completed for the Alvarez Ramp. RC drilling on the western strike extent of the main trend encountered sporadic anomalous values which require follow-up diamond drilling. Drilling along strike of the Alvarez Zone intersected abundant gold anomalous mineralization including both wide low grade zones and narrow high grade veins. Geological interpretation is in progress. In 1994, 3,691 metres of drilling were completed onthe La Patricia target area. The drill results were disappointing and the continuity of mineralization could not be confirmed. Drilling onthe Espanto target intersected 1.79 metres grading26.93 g/tonne gold. Exploration work conducted on the property includes soil sampling, mapping, and drilling.
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