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Horizons Australian Dollar Currency ETF T.ASD



TSX:ASD - Post by User

Post by stocktalk2on Sep 06, 2006 12:30pm
176 Views
Post# 11323832

NEWS...new gold zone for ASD!!!

NEWS...new gold zone for ASD!!!Acero-Martin drills up to 46.5 g/t Au in new gold zone 2006-09-06 12:13 ET - News Release Mr. Donald Gee reports: UP TO 46.5 G/T GOLD FROM NEW MINERALIZED ZONE DISCOVERED AT PINAYA, PERU Vancouver, September 6, 2006, Acero-Martin Exploration Inc. (the 'Company") is pleased to report that its exploration program at the Pinaya Copper-Gold Property, located in southern Peru, continues to identify new zones of gold and copper mineralization. Recently, the Company has discovered a new gold zone, called Minas Jorge. Highlights from this zone include 10 samples exceeding 1.0 g/t Au, with a maximum value of 46.5 g/t Au. The Minas Jorge zone is located approximately one kilometer northeast of the Gold Oxide Skarn Zone (GOSZ) at the main open-pit. Minas Jorge is defined as anomalous copper and gold mineralization located within a large NW-SE elongated zone covering approximately two square kilometers. This area has numerous small scale workings and showings. Three hundred and forty rock samples were collected from various workings and outcrops and three trenches were excavated. The Company has also completed an intensive deep induced polarization survey. Results therefrom are expected shortly.
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