RE: more then one way
The proposed 2009 exploration program for Sinchao is designed to expand the size of the mineralized
breccia zone. Currently, the full extent of this zone in unknown and it is recommended that initially,
the mineralized breccia zone be methodically explored in a two phase exploration program. The first
phase program will have a duration of 4 months, and consist of 4,950 meters of diamond drilling in 13
holes. It is also recommended that phase one of the program see the initiation of preliminary
metallurgical studies. The estimated budget for phase one is approximately US $ 1,617,000 dollars. sinchao technical report
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I understand the peruvian government owes sinchao over $1 million... Whatever the delay with the Invicta financing even a couple of good drill holes at sinchao might be enough to give the financiers confidence that their loan will be recovered one way or another... I guess it would all come down to when Peru forks over the money .... to the best of my understanding it may be overdue now...I do know I am not the only one intensely watching the andean american situation .. Even a sign of hope could trigger some significant interest here....