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Andean American Announces Appointment of Lokhorst Group
Andean American Announces Appointment of Lokhorst Group
About this update from Aftermath Silver Ltd.
[{"type":"text","content":"Andean American Announces Appointment of Lokhorst Group\n\n\n\nAndean American Announces Appointment of Lokhorst Group\n\nVancouver, British Columbia CANADA, April 20, 2009 /FSC/ - Andean American Mining Corp. (AAG - TSX Venture, AQN - FWB), is pleased to announce that The Lokhorst Group Ventures Inc. has been contracted as the lead consultant for an audit of the prefeasibility study which has been completed by internal geological staff and external consultants for the Invicta Project in Peru. The audit of the prefeasibility study is scheduled for completion by July, 2009. \n\nGuy Lokhorst, P. Eng., the Senior Geological Engineer at The Lokhorst Group, will act as the independent Qualified Person for the report. Mr. Lokhorst is experienced in areas such as mine design, mine planning and materials handling and he has successfully performed a wide variety of services for project studies, mining studies, economic analyses, and alternate mining methods.\n\nTo date, the Andean American has completed the following work on the Invicta Project: \n\n . A 1.2 kilometer adit was driven at the 3400 meter elevation parallel to and in the hanging wall of the Atenea Vein Structure and drilling and sampling results encountered high grade gold. (see news release of June 11, 2008) \n\n . Over 2.7 kilometers of continuous structure were connected over the Dany (900m), Atenea (950m) and Pucamina (850) structures. The Dany and Pucamina zones have a structure similar to the Atenea structure and have the potential to be significant sources of gold mineralization. These structures were discovered to both the east and west of the Atenea structure. Mineralization remains open at both ends and the system continues to depth. \n\n . 14,200 metres of diamond drilling was completed in 2008. This, along with results from a previous 12,400 m drill program, formed the basis for an updated NI 43-101 Technical Report. (see news release of September 4, 2008) The resource estimate is for 7.9 million tonnes of measured and indicated resources and over 11.6 million tonnes of inferred resources. \n\n . The report also outlined some of the geological potential contained in the property and proposed a further 16,500 meter drill program to test this potential and determine the tonnes and grade of any resources that may or may no...