RE: Back of the envelopeMagnum. Here a little something in Argentina that MBOI.
Regards, nelson3.
ANDEAN DRILLS 18M OF 67.7 G/T GOLD AND 1207 G/T AG AT EUREKA
WEST
January 28, 2008, Perth Australia -- Andean Resources (AND:ASX; AND:TSX) reports the results of the latest seventeen
drill holes of its current drill program at its 100% owned Cerro Negro project in Southern Argentina including the following
highlights:
• Positive infill drilling in Eureka West resource including ERC-764 with 18m of 67.7 g/t
gold and 1,207 g/t silver
• Multiple step-out holes intersected high grades including EDD-765 with 17m of 37.3 g/t
gold and 1041 g/t silver
• ERC-767 and EDD-753 extend Eureka West a further 100m with high grades
• Successful infill drilling tabled for first quarter resource estimate
• Exploration drilling continues with 3 drill rigs at Eureka
All holes reported in this release were drilled into the Eureka West vein. Reported widths are intersected widths, and true
widths are less in every case (see Table 1 for detailed drill data). Andean has assumed an underground cut-off grade of
2.5 g/t gold at Eureka for the interval summaries; the drill holes for which assays have been received are categorized as
either Step-out Holes or In-fill Holes relative to the previous resource:
Step-outs: 100m to 200m from existing resource
The following holes were drilled 100 to 200 meters further along strike to the west of the existing Eureka West resource:
ERC-767: 17m of 10.4 g/t gold and 162 g/t silver from 208m and
9m of 8.0 g/t gold and 176 g/t silver from 262m and
4m of 15.2 g/t gold and 303 g/t silver from 275m and
14m of 6.7 g/t gold and 121 g/t silver from 286m and
3m of 9.1 g/t gold and 47 g/t silver from 306m and
6m of 8.8 g/t gold and 25 g/t silver from 314m
EDD-753: 8m of 13.7 g/t gold and 505 g/t silver from 382m
Step-outs: 0m to 100m from existing resource
The following holes were drilled up to 100 meters along strike to the west of the existing Eureka West
https://www.stockhouse.ca/comp_info.asp?symbol=AND&table=LIST