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Alturas commences drilling at the Huajoto polymetallic project, Central Peru
TORONTO, June 27 /CNW/ - Alturas Minerals Corp. (the "Company") (TSX-V: ALT) announced today...
About this update from Alturas Minerals Corp.
[{"type":"text","content":"\n\n\n\nTORONTO, June 27 /CNW/ - Alturas Minerals Corp. (the "Company") \n(TSX-V: ALT) announced today that drilling has commenced at the Huajoto\npolymetallic project in Central Peru. The 3,000 meter Phase One core drilling\nprogram will test base metal-rare earth element, and gold-silver epithermal,\nreplacement mineralization targets reported in a previous press release dated\nJune 4, 2008. Local drilling company Geotecnia Peruana S.R.L. has been\nretained by Alturas to execute the program.\n\n\nMiguel Cardozo, President & CEO, commented, "We are very pleased to\nreport that drilling has now commenced at Huajoto. The drilling program will\ntest a number of high priority targets that we have defined in recent months\nthrough systematic geological, geochemical and geophysical work in this very\nlarge mineralized system. Strong surface evidence of replacement-style\nmineralization is common and its concentration above deep-rooted gravity and\ninduced polarization geophysical anomalies is very encouraging."\n\n\nThe 3,700 hectare Huajoto project is located in the historic mining\ndistrict of Huancavelica in Central Peru. Huajoto is a zoned polymetallic\nsystem 5.0 kilometers by 7.0 kilometers in size, with strong gold-silver\nanomalies associated with a high-sulfidation epithermal core (La Virgen\ntarget) passing outwards into zones of strong zinc, lead and rare earth\nsurface geochemical anomalism (Caty-Pablo target).\n\n\nPart of the Huajoto properties were previously drilled by Teck Cominco\nPeru S.A., (Teck Cominco Peru), a subsidiary of Teck Cominco Limited in\n1999-2001. The Huajoto properties are subject to an Option agreement with Teck\nCominco Peru and COMACSA, a Peruvian industrial minerals company. See Alturas\npress release dated September 18, 2007 for details of the tenure and terms of\nthe Option agreement.\n\n\nFor maps and an extended summary of exploration results, refer to the\nCompany's website www.alturasminerals.com/huajotomaps.htm\n\n\nAbout Alturas Minerals Corp.\n\n\nAlturas is a Canadian corporation, and is the parent of Alturas Minerals\nS.A. ("Alturas Peru"). Alturas Peru has been actively exploring various\nmineral projects in Peru since January 2004. The principal assets of Alturas\nare four mineral exploration projects located in southern Peru, being the\nHuilacollo ...