GOLD MINING CAMP IN NORTHERN PERU
BOLSA DEL DIABLO : DISCOVERING A NEW GOLD MINING CAMP IN NORTHERN PERU
Over the past seven months, Plexmar Resources Inc. has acquired either by staking or by way of option agreements, all the land position required to start an aggressive exploration campaign.
In order to minimize the competition from local prospectors and local companies, the company had to keep a low profile during that period as its team of geologists focused on sampling and understanding the geology of this new gold mining camp.
At the same time, the company established excellent working relationships with the local communities and authorities.
Already hundreds of artisanal miners are digging trenches in a total random fashion and extracting material grading between 1.5 ounces to over 10 ounces of gold per tonne in some areas (see news as reported in Stockwatch April 20, 2005)
Plexmar geologists believe that the Bolsa del Diablo and the surrounding areas have the potential to become a new gold mining camp.