Business
Argentina Exploration Update
Argentina Exploration Update.
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\n \n \n \n Argentina Exploration Update\n \n \n \n \n\n \n ECR Minerals plc\n \n\n \n \n \n ECR MINERALS plc(“ECR Minerals”, “ECR” or the “Company”)\n \n AIM: ECRUS OTC: MTGDY\n \n Argentina Exploration Update\n \n \n ECR Minerals plc is pleased to provide the following update on \n exploration within its Sierra de las Minas gold project area in La Rioja \n Province, Argentina.\n \n \n \n High grades including 32.5 g/t gold, 21.9 g/t gold and 14.5 g/t gold \n returned by surface geochemical sampling of 13 prospects\n \n \n Maestro Agüero prospect identified as a high grade quartz vein system \n with a minimum strike length of 350m\n \n \n Geophysical survey at El Abra gold prospect to commence during \n September\n \n \n \n ECR commenced the second phase of its 2011 sampling programme for the \n Sierra de las Minas gold project area, in which the Company holds a 100% \n interest, in late July. The objective of this phase has been to evaluate \n known prospects within the project area and prioritise them for further \n exploration. The first phase of the programme was completed earlier in \n the year at the El Abra prospect, yielding numerous high grade results. \n For more information please refer to the Company’s announcement dated 15 \n May 2011.\n \n \n Assay results for 58 samples taken during July and August have now been \n received, with the best results given in the table below. Assay results \n are awaited for a further 25 samples. Historic results reportedly \n obtained from the same prospects by La Plata Gold, a Canadian company \n which conducted exploration in the Sierra de las Minas area during the \n 1990s and early 2000s, are also included in the table for comparison \n purposes. The Company considers the divergence between its sampling \n results and those of La Plata Gold for the same prospects to be within \n expected bounds. It was not the Company’s objective to resample the \n precise locations sampled by La Plata Gold.\n \n \n All samples specified in the table below were prepared for fire assay \n and ICP elemental analysis by ACME Analytical Laboratories in Mendoza, \n Argentina. ACME Analytical Laboratories is certified to ISO 9001 and \n ISO/IEC 17025 standards.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n ...