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December 31, 2007
As of Dec/07, due to ongoing uncertainty, the Company wrote-down the mineral property and related deferred exploration costs to a nominal amount.
July 11, 2007
Announced the results of additional sampling. Intersections for gold and antimony in channel samples taken from the No. 00 –Meter Cross-Cut on Level 1 East of the Company’s Lipichi property in Bolivia, show gold and antimony weighted average values of 17.32 g/t Au, 17 g/t Ag and 3.16% Sb over 28 meters within a larger interval of 40 meters with a weighted average value of 12.67 g/t Au, 14.59 g/t Ag and 4.38 % Sb.
January 11, 2007
Assay results from a series of channel samples taken from the No. 50-Metre Cross-Cut on Level 1 East at the Lipichi Mine were reported. The highest grade gold and antimony zone encountered in this sampling was 2 metres of 21.4 g/t Au and +20% Sb. This is contained within a larger high grade interval of 18 metres at 9.93 g/t Au and 12.9% Sb.