Exploration Update on Atocha Property


The most significant findings are located at the headwaters of the Santa Agueda creek, in the northwestern part of the property, where a cluster of several parallel veins in close distance is exposed.

The series of vein exposures following the SW-NE trends within the property boundaries show continuity of several kilometers along strike, particularly Veta Nueva – Jimenez North vein system, that is the longest structure followed and that could represent over 4km of vein strike length.

The width of the corridor to date, from NW-Perrika vein system in the northwesternmost corner of the property to Veta Nueva exceeds 2.5km.

Rick Wilson, CEO, commented: “The robust geologic model has been put to a test just by surface prospecting and the current number of veins found showing those very high-grade silver and gold grades right at surface are the best proof of the excellent mineral potential of our Atocha flagship property.

The company will start the process of obtaining the necessary permitting for diamond drilling over drill ready targets , Veta Grande, Veta El Erizo and Veta Tavera.

Current exploration activities on the Santa Barbara Property involve the bulk sampling of vein structures, which material then feeds into a trial production facility which has consistently been producing gold for over a year.

Rock samples are shipped by transport truck in sealed woven plastic bags to SGS sample preparation facility in Medellin, Colombia for sample preparation and from there by air to SGS facility in Lima .

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