Smokey, EC has additional drillresults. For anyone having a fresh look at Ecometals, you may want to review these earlier drill results that were encountered ahead of the mining moratorium.
These drill intercepts from 2006 are buried among the hundreds of filings in SEDAR and have not yet been factored into a revised 43-101 report.
Marco reminded us during the week that successive closes over
.90 CDN will allow management to accelerate the warrants which by my calc. is another $4,000,000.
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…DRILLING HITS BONANZA ZONE AT THE CONDOR GOLD PROJECTECUADOR INTERSECTING 48 METRES OF 16.7 GRAMS PER TONNE OF GOLD AND 7
OUNCES PER TONNE OF SILVER AND 56 METRES OF 3.5 GRAMS PER TONNE OF GOLD
AND 1.7 OUNCES PER TONNE OF SILVER
MAY 31 2006: …at the Condor Gold Project in Ecuador, drilling has intersected a gold bonanza zone of 48 metres of 16.7 g/ t gold and 7 ozs per tonne of silver in hole 31 and 56 metres of 3.5 g/t gold and 2 ozs of silver in hole 30. Intercepts of note are summarised in Table 1 below. True widths are estimated to be approximately to 40% to 80% of these drill intercepts depending on the azimuth and dip. Results from the first 31 holes from the Enma Sector are attached in Table 2 and located in Figures 1 and 2 attached.
…DRILLING HITS HIGH GRADE ZONE AT THE CONDOR GOLD PROJECT
ECUADOR INTERSECTING 24 METRES OF 12.6 GRAMS PER TONNE OF GOLDAUGUST 21 2006: …the Condor Gold Project in Ecuador, drilling has intersected another high gold zone of 24 meters of 12.6 g/ t gold in hole DEN 34 and 58 meters of 3 g/t gold in hole DCU18. Particularly encouraging was the intercept of 80 meters of 5 g/t gold in Hole 34 and the intersection of a wide disseminated gold zone in Hole DCU 18 of 378 meters of 1 g/t gold.
…DRILLING HITS HIGH GRADE ZONE AT THE CONDOR GOLD PROJECT
ECUADOR INTERSECTING 284 METRES OF METRES OF 2.75 GRAMS PER TONNE OF GOLD INCLUDING AN INTERCEPT OF 98 METRES OF 6.05 GRAMS PER TONNE OF GOLD
September 21 2006: ….Condor Gold Project in Ecuador, drill hole has intersected a high grade gold zone in the Los Cuyes sector of 308 METRES OF 2.57 GRAMS PER TONNE GOLD including 284 metres of 2.75 grams per tonne gold including 98 metres of 6.05 grams per tonne gold and 24 metres of 12.7 grams per tonne gold, 72.9 grams per tonne silver and 4.1% zinc. See Table 1 below and Figure 1 attached.
…DRILLING EXTENDS GOLD MINERALISATION AT CONDOR GOLD PROJECT SECTOR SOLEDAD BRECCIA INTERSECTING 254 METRES OF 1.5 GRAMS PER TONNE GOLD
November 10 2006: …..Condor Gold Project in Ecuador, a vertical drill hole DSO-01 from the surface has intersected a disseminated gold zone in the Soledad sector of 400 metres of 1.0 grams per tonne including including 254 metres of 1.5 grams per tonne gold. See TABLE 1 below and Figure 1 attached. These intercepts represent the depth of mineralization from the surface of the Soledad breccia system either pipe like or a contact zone. The intercepts extend the depth of the known gold mineralization from 141 metres (TVX 2000) to 400 metres or some 260 metres´ extension. TVX intersected in drill hole DD081 141.4 metres 1.8 grams per tonne gold, 15.1 grams per tonne silver and 0.67% zinc.
…In-Fill Drilling Extends Gold Mineralization at Condor Gold
Project at the Los Cuyes Sector Intersecting 502 Metres of 0.94 GramsPer Tonne Gold
December 12, 2006 ….Condor Gold Project in Ecuador, a vertical drill hole DCU-22 from the surface has intersected a disseminated gold zone in the Los Cuyes sector of 502 metres of 0.94 grams per tonne gold including 138 metres of 2 grams per tonne gold.