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Property NewsApril 30, 2008 Commenced an induced polarization (IP) ground geophysical survey at 1,400 metre line spacing on the Farallón Negro property. The survey is targeting disseminated sulphide mineralization and alteration that commonly envelopes copper-gold porphyry deposits. Phase one of the geophysical was completed in August. The Company decided to carry out a second phase of the regional survey which commenced in early October, 2008. March 31, 2007 Reported that a program is underway with partner, BHP, to secure surface access rights to the mineral properties. Once these rights are secured, the company will commence induced polarization surveying to identify possible porphyry copper drill targets. December 31, 2006 Prospecting works continued with BHP Billiton through 2006 to solidify the land position covering copper-gold porphyry exploration targets located within the property. Negotiations are underway with owners of the surface rights to secure access to the properties. |
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