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Peruvian Metals Corp V.PER

Alternate Symbol(s):  DUVNF

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.


TSXV:PER - Post by User

Bullboard Posts
Comment by deeperiniton Sep 17, 2007 7:09pm
273 Views
Post# 13414025

RE: Aguila Property Background info

RE: Aguila Property Background info what potential we have here. taken from 43-101 Historical drilling results are indeed exceptional. However, it is difficult to determine the accuracy of copper grade without drilling additional holes or twinning old holes. To illustrate this point Rio Tinto drilled only two holes in the pit area. Hole AGD-001 was collared near DDH-8 and 12. DDH-8 returned 236 metres of 1.07% Copper however this included a 36 metre (115 to 141m) high-grade zone of 1.58 % copper. If this section was taken out of the average, the zone averaged 0.83% copper over 200 metres. This still includes intersections up to 4.60% copper over 6 metres. Hole DDH-12 like AGD–001 had very few intersections greater than 1.00% copper. Therefore it is still possible that a high-grade copper zone exists in the main Aguila Pit zone.
Bullboard Posts