Good Letter to shareholdersSome excerpts from the letter
Tucumachay bulk tonnage gold mineralization also hosts zinc, which together with Titimina is one of the few undrilled commercial grade prospects in the free world.
Uramalqui has been re-evauated and is ready for a new drilling campaign the first in 3 years. High bullion prices and new geological models suggest that earlier drilling was too shallow and too scattered to adequately test such a well mineralized epithermal deposit.
Totoroku is developing into a very large copper/silver/gold exploration target with high grade mineralization now found over distances of 3,500metres and still open. We hope to have the first phases of exploration completed by mid year so as to have the property drill ready as soon as practical.
Sounding like a very promising year ahead, if you ask me.
Regards John