Más exploración en San José
AIMSA-SantaCruz
La compañía Minera Andes Inc., socia con el 49% de Minera Santa Cruz –que explota la Unidad Minera San José, ubicada al este de Perito Moreno, en el norte del Macizo del Deseado– anunció los resultados de las perforaciones realizadas para ampliar las reservas del proyecto minero.
En lo que va de 2011, en San José se realizó un total de 24 perforaciones con diamantina, que suman 5.411 metros.
El programa de exploración consistió en la realización de perforaciones de relleno y de extensión en las vetas conocidas dentro y alrededores del área de la mina. Cinco de los pozos intersectaron depósitos de alta ley. Entre ellos se destacan el pozo SJD-864 en la veta Susana, que reportó 0,61 metros con 6,68 gramos de oro y 1514,76 de plata por tonelada, incluyendo 0,35 metros con 15 gramos de oro y 2585 de plata por tonelada; y el pozo SJD-865, con 1,33 metros conteniendo 8,49 gramos de oro y 485,93 de plata por tonelada, incluyendo 0,96 metros con 6,52 gramos de oro y 1284,74 de plata por tonelada.
La compañía informó que se requerirá realizar perforaciones adicionales para estimar los recursos interceptados en esta oportunidad, destacando que el sistema de vetas en San José continúa abierto en profundidad y lateralmente.
Por otra parte, como resultado del descubrimiento del sistema de vetas Micaela-Sofía, ocurrido el año pasado, resultados previos de perforación vienen siendo interpretados para definir nuevos objetivos de exploración dentro y cerca del área de la mina, en conjunto con nueva información magnética de superficie y datos existentes de polarización inducida geofísica.
Minera Andes Announces Exploration Drilling Results at the San Jose Mine
Minera Andes Inc. announces the results of exploration drilling at its 49% owned San José mine in Santa Cruz Province, Argentina during the first quarter of 2011. A total of 24 diamond core holes totaling 5,411 meters were drilled during the quarter. The drilling consisted of infill and of step-out drilling on known veins in and around the mine area. Five of the infill holes contained high-grade intercepts. Details of the drilling, which include several high-grade holes, is provided in Exhibit 1. The location of the principal veins is shown in Exhibit 2. Further drilling will be required to estimate the resources intercepted by the drilling.
The vein system at San José continues to be open at depth and laterally. As a result of the discovery of the east-west trending Micaela-Sofia vein system last year, previous drill results are being reinterpreted to define new drilling targets in and near the mine area in conjunction with new surface magnetic data and existing induced polarization geophysics data.
During the first half of 2011, 800 line-kilometers of surface magnetic coverage is being run over the area southeast of the mine area. This will be followed up with an additional 2,200 line-kilometers of surface magnetic coverage in the southeast portion of the joint venture property during the second half of the year. The geophysical data will be used to define new drilling targets outside of the main mine area for drilling during the second half of the year.
About Minera Andes:
Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA, owner of the San Jose Mine in close proximity to Goldcorp's Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a large portfolio of exploration properties in Santa Cruz province, Argentina, including properties bordering the Cerro Negro project in Santa Cruz Province. Exploration and infill drilling is currently underway at the Los Azules project. The Company had $31 million USD in cash as at March 31, 2011 with no bank debt. Rob McEwen, Chairman and CEO, owns 31% of the shares of the company.
About Hochschild Mining plc:
Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.
