RE: News?Thank positively. Reread the last press release.
"Both holes intersected quartzite and porphyry containing copper and molybdenum bearing zones. Holes 4 and 5 were terminated in mineralized porphyry at depths of 372 metres and 401 metres respectively due to limitations of the drill rig. The core has been logged and sampled, with results pending at this time. Deepening of these holes is planned as part of Phase 2 pending an evaluation of all the assays once received."
Both holes intersected the porphyry zone. This confirms the geologists theory that the surface grades found on the east side further up the slope probably originate from an extension of the the main zone of the Aguila. The press release seems to support this theory. I am very confident that we will see similar grades in the porphyry section of the drill holes # 4 and 5. This will be extremely positive for the stock as it will confirm a very much larger ore body is present.
The new replacement drill will be used to drill the Pascancha as was outlined at the AGM. The Pascancha has even a greater potential than the Aguila and should attract a lot more attention.