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September 30, 2008
At Vallecillo underground mine rehabilitation is being completed to aid in further underground mapping and sampling. Also, a trenching program was completed in the Vallecillo district. A recent mapping program was completed consisting of locating existing mine shafts, mapping of tailing and tracing of visual geological contacts. The objective was to identify the locations, direction, inclination and thickness of the veins. Five historic mine shafts were visited and mapped.
January 23, 2008
Received assay results from drill holes V-05, V-06, V-11, V-12 and V-13 of its 13-hole phase 1 drill program. Near the Santa Maria mine hole V-06 intersected 2 meters of 1.34% lead and 23.4 gm of Ag/tonne and then 16 meter further down the hole 2 meter of 1.34% Pb and 23.5 gm of Ag/tonne.
December 5, 2007
Completed a 13 hole program for a total of 3,081 meters on the project. Results from the first four drill holes have been received. Assays of interest for drill hole V-3 included (estimated true thicknesses): • 1 meter intercept from 162.3 to 163.5 meters depth: 136 g/t Ag and 9.52% Pb • 2 meter intercept from 167.3 to 169.3 meters depth: 313 g/t Ag and 0.88% Pb