VALENTINES
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Key Facts
Location:
Uruguay
200 km North of MONTEVIDEO Commodities: Gold
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Latest Information October 31, 2001 Further results from RAB drilling were released. The program, which was designed to test for grade and continuity of gold mineralization within a regional-scale structural shear, has confirmed the existence of a well-mineralized structural zone up to 10 m wide and 900 m long and remaining open. Four high-grade zones have been identified within the system to date and follow-up, deeper drilling is now warranted. The average depth drilled in the RAB program was 17 m, with the depth of the holes being limited by machine capability and/or ground conditions. A list of results is provided using a cut off grade of 0.5 g/t Au. Grades of up to 1.7 m of 122.5 g/t gold and 6.29 g/t Au over 9.5 m were included amongst the significant intersections. |