Excerpts from RVGCI decided to put some 2 paragraphs from RVGC Quarterly report here,
for some comment maybe... especially the latest statement (in bold).
I, for one, was completely unaware of the suggested activities of Tara and I like the idea.
1. Our plan of operation for the next twelve months is to complete our efforts on the validation of the previous exploration work with respect to the "Las Minita" and "La Currita" properties.
2. On June 1, 2006 the company entered an agreement with Tara Gold Resources Corp for the "Las Minita" property. The Las Minitas Property is located in Sonora, Mexico, approximately 40 air kilometers northwest of the town of Alamos. The property lies at the western edge of the province known as the Sierra Madre Occidental gold-silver belt where a number of successful gold/silver exploration projects are ongoing. Historical information regarding Las Minitas indicates three mineralized zones of interest that contain an estimated of 13,534,398 million tonnes of ore grading 7.58 oz/t silver and 0.0089 oz/t gold. Metallurgical testing indicates that recoveries of 90% for both silver and gold may be achievable by cyanidation alone. The Company will focus its initial efforts on the validation of the previous exploration work that outlined three wide, high-grade, lode-type mineralized bodies: the North, Central, and El Negro zones, with postulated strike lengths of 400, 500, and 700 meters respectively. These three zones are considered to be outstanding precious metal exploration targets and Tara Gold is currently developing a plan to confirm previous findings and conduct a focused sampling and drilling program.