whatcgive me the text or you have to find that? here of the document which the company emitted on Sedar.com
The Company, through its subsidiaries, currently holds 39,622 hectares (“ha”) (approximately 40km2) of mineralexploration tenements in Ecuador. The principal properties in Ecuador are the Condor Gold Property and the Rio Zarza
Property.
Actions to protect the Company assets in Ecuador:
• Clear title to most important concessions (Condor and Rio Zarza) by buyout of option agreements• Environmental baseline studies and EIA process continue• Exceed minimum legal requirements for staff liquidation to prevent collective labour complaints• Filing of periodic environmental and production reports to DINAMI kept up to date• Payment of license fees kept up to date
Other activities of the Company in Ecuador:
• Completion of exploration summary reports Condor, Sta Barbara and Rio Zarza• Analytical QC Report (IQP McMullan)• Tenders for completion of Independent Mineral Resource Estimation study (RFPs to University of Rio Grandedo Sol Brazil, SRK and ArcTex Engineering)
• Completion of Condor EIA Amplification change of scope (Ing. Enrique Figueroa)• Construction of the new core storage facility was completed in 1Q08 and the core and reference samples at theMirador camp were moved. The old wooden core shed has been demolished and much of the wood beams
recovered for recycling.
Despite the confusion in the industry and loss of investor confidence in Ecuador resulting from the Mining Mandate, the
EML technical program produce some encouraging results:
• Condor encouraging metallurgical tests on Condor mineralization warrant further economic studies• Santa Barbara drilling intersects mineralization typical of Au-rich porphyry• Rio Zarza mapping locates Suarez Fm sediments formed in pull-apart structural basin similar to Aurelian FdNdeposit
Show me you document? this is in the MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE THREE MONTHS ENDED JUNE 30, 2008