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LA RESERVA / EL CORREO
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Key Facts
Location:
Sonora, Mexico
25 km SW of NOGALES Commodities: Gold
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Comparable Properties
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Latest Information  May 13, 2003 Minefinders will begin drilling on its Northern Sonora properties located in Sonora, Mexico by mid-May. The program will involve resource expansion at the La Bolsa project, follow up and first time drill testing of five zones at the El Malacate project and first time drill testing of the La Dura, Alcaparroso and Agua Caliente projects. A total of CAD1.7 million has been budgeted for the completion of 100 to 125 drill holes. The program will begin at El Malacate where road access is available and permitting is in place, and move west to La Dura and La Bolsa. Drilling at La Bolsa will attempt to expand the current resource of 208,000 ounces of gold and 2.1 million ounces of silver defined by the 77 drill holes completed to date. Drilling at the El Malacate project will focus on expanding mineralization intersected during last year during the first phase drill program as well as targeting several untested systems. May 13, 2003  " class="InfoMineTitle">Vancouver-based Minefinders plans to kick start its Mexican Northern Sonora exploration initiative later this month with a CAD1.7 million 100 - 125 holes drill program. Minefinders believes that it's wholly owned block of concessions in Northern Sonora, west of Nogales, hosts numerous prospective mineralized systems. Minefinders' up-and-coming Northern Sonora drill program, its diligent efforts in steering the Dolores gold and silver project through final feasibility, and a widely-held industry regard for the company as a prudent developer of gold and silver projects, qualifies Minefinders as the Editor's choice of "In-Focus" candidate of the day. |
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