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June 12, 2006
Provided assay results from its drill program at the Humajala property in Peru. The company completed 1,508 metres of drilling in 15 reverse circulation holes that ranged from 30 metres to 200 metres in length. The focus of this drill program was to test the extent of the CSP discovery gold zone and outlying geophysical targets.
March 20, 2006
Planned a drill program for the property. The program will test the continuity of the GSP gold discovery along a 400 m strike length. Silver assays received for selected core intervals from the CSP Gold Discovery Zone were generally between 4 to 6 g/t for the gold mineralized intervals with the exception of the interval that assays 11.6 g/t silver and 0.70 g/t Au over 34.5 m in drill hole HUM-05-021, between 26.5 to 61 m down hole. The silver-rich zone includes a 1.5 m core sample that assayed 57.4 g/t silver and 0.53 g/t gold.
November 9, 2005
Announced additional gold assays for drill hole HUM-05-20. Drill hole HUM-05-20 intersected 14.7 m grading 0.68 g/t Au (from 1.0 m). The results from Trench B averaged 0.7 g/t Au over 20.5 m, including a zone of 1.8 g/t Au over 7 m. The mineralized interval with average gold grades greater than 0.7 g/t gold is coincident with the western edge of a specific geophysical feature from the recently completed multi-separation poledipole array induced polarization-resistivity survey. The centre of the geophysical feature, approximately 200 m east of CSP Discovery Gold Zone, has not been tested. Similar geophysical features have been located elsewhere along the 2.8 km strike length that was surveyed.