Yamana is hungry for productionSan Anton Resource Corporation (SNN:TSX) is a new exploration and development company that commenced trading December 12, 2006 on the Toronto Stock Exchange, accompanied by a $17.25 million financing. The Company’s principal asset is a 51% interest in the San Anton Property in Mexico (Goldcorp 49%), which hosts the near-surface Cerro del Gallo gold-silver-copper deposit
(photo, right). The San Anton Property is located in a historic gold-silver mining district in the state of Guanajuato in central Mexico, approximately 270km northwest of Mexico City. It is only in the period since July 2004 that the Property has been subjected to modern exploration techniques, a process that quickly identified more than 25 exploration targets. T
he only target that has received extensive work to date is the Cerro del Gallo deposit, where a NI 43-101 Mineral Resource of +10 million ounces gold equivalent* has been defined in less than two years. Measured and Indicated (M&I) categories account for 74% of total resources. The deposit is still open in a number of directions and a number of other exploration targets on the property have yet to be drilled.