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Peruvian Metals Corp V.PER

Alternate Symbol(s):  DUVNF

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.


TSXV:PER - Post by User

Bullboard Posts
Comment by jdc1on Sep 16, 2011 10:51am
217 Views
Post# 19049957

RE: results?

RE: results?They had a 1000m hole (open in meralization) with a Cu equivalent of 0.53 % in Aguila east. This sums it up for me nicely:

The recent drilling in the Aguila East area showsthat the Cu mineralization extends horizontally over 800 metres along anapproximately east-west trend. The significant mineralized porphyryintercept in hole 29 and the mineralized intercepts in Aguila East show avertical extent of the mineralization of over 1000 metres. The systemhas been drill tested over 400 metres in a north-south direction andremains open both to the north and to the south. Further drilling isrequired to define the ultimate shape, size and orientation of theAguila East porphyry.

I was happy with it FWIW. All this adds lots more tons. I sure would like to see the good news translate into a SP rise. I too agree this will be bought out. When and how much is the question.

jdc
Bullboard Posts