|Projects Overview La Preciosa Santa Monica QA/QC Procedures||April 01, 2008
The San Juan property is 24,580 hectares and is located North-West from La Preciosa Project. The company has an option agreement with Silver Standard Resources Inc. (NASDAQ: SSRI) to earn a 75% interest, by expending US$750,000 on exploration. Thus far, three silver-gold epithermal veins have been located; La Plomosa, El Vaquero and San Juan veins are known to outcrop on this property.
To locate a similar vein system like Abundancia, La Gloria and Martha on the La Preciosa Project.
•First Step: Regional sampling survey, geological mapping (completed)
•Second Step: Trenching (completed)
•Third Step: Diamond drill program of the initial target areas, 8 diamond holes completed in late 2007 on the La Plomosa vein, results pending.
A continuation drilling program is expected to commence in the near future to test the El Vaquero vein structure.