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HUILACOLLO
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Key Facts
Location:
Peru
55 km NE of TACNA Commodities: Gold, Silver
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Comparable Properties
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Latest Information  September 30, 2008 As of Sep/08, the mineral acquisition costs for this property have been written off as there is insufficient funding to advance the property and low likelihood of future earnings or cash flow deriving from this Peruvian property. January 25, 2007 Announced results from the phase 1 drilling program from the Cerro Andamarca and Cerro Huilacollo targets on the Huilacollo Gold project in southern Peru. Highlights include: drill hole AM-14, which intersected 1.17 g/t Au and 6.51 g/t Ag over 82.0 metres in oxides starting at surface. November 29, 2006 Results from the first five diamond drill holes were released. The best intersection obtained to date was from hole AM-01, which reported an interval of 1.24 g/t Au and 11.3 g/t Ag over 84.0 m in oxides starting at surface. This interval includes a higher-grade intercept of 3.29 g/t Au and 16.23 g/t Ag over 14 m from 16 to 30 m. |
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