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Table 4: New Copper Assay Results from Quema-Quemita:
---------------------------------------------------------------------------- From To Length(2) Copper GoldDRILL HOLE NO.(1) (m) (m) (m) (%) (g/t)----------------------------------------------------------------------------PRH12184 61 63 2 1.46 0.09----------------------------------------------------------------------------PRH12238 77 84 7 0.36 0.86----------------------------------------------------------------------------PRH12238 77 84 7 0.36 0.86----------------------------------------------------------------------------PRH12241 23 42 19 0.53 0----------------------------------------------------------------------------PRH12244 105 114 9 0.51 0.04----------------------------------------------------------------------------PRH12246 23 125 102 0.46 0.05----------------------------------------------------------------------------Incl. 23 52 29 0.92 0.07----------------------------------------------------------------------------PRH12252 39 57 18 0.71 0.44----------------------------------------------------------------------------Notes:1. Drill hole Numbers with prefix 'PRH' are Reverse Circulation (RC) drill holes.2. Drill intersections tabulated under 'Intercept' are reported as drilled thicknesses. These intercepts are apparent widths only.
Highlights of the Quema-Quemita drilling include:
Two drill holes collared outside the current optimized open pit design at Quema-Quemita have intercepted significant mineralization.
Four drill holes located close to the perimeter on the south-western and central north sections of the open pit design have all intercepted significant gold oxide and/or supergene copper mineralization, providing new targets for future resource definition and upgrade drilling.
As is the case with drilling in the La Pava deposit, these intercepts at the Quema-Quemita deposit are considered significant as, in addition to increasing the overall resource, they represent either step-out drill holes, which have identified mineralization outside the current open pit design, or infill drill holes focused on providing better definition and control on mineralization aimed at upgrading the resource from the current 'Indicated' category to the 'Measured" category.
(1) North Central Zone
Drill hole PRH12252 returned 18m @ 0.71% copper and 0.44 g/t gold within the sulphide zone. (Intersected between the central and eastern open pit designs, this result provides support that, with additional drilling, these two pits show potential to be merged into one larger pit.
Drill hole PRH12246 returned 102m @ 0.46% copper (Incl. 29m @ 0.92% copper) in the sulphide zone. This wide drill hole, located 130m west of PRH12252 near the northern flank of the open pit limit, has demonstrated continuity of mineralization in a northerly direction, where it remains open.
(2) South Central Zone
Drill holes PRH12259, PRH12238 and PRH12178 returned oxide gold intercepts of 8m @ 3.84 g/t gold; 45m @ 0.61 g/t gold; and 14m @ 1.61/g/t gold respectively. All drill holes are collared near the southern perimeter of the open pit design highlighting continuity of mineralization in these areas. Additional drilling is planned to establish the extent of gold mineralization in this area south of the current open pit design.
