Projects Overview La Preciosa Santa Monica QA/QC Procedures | April 01, 2008
Summary 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. Objective To locate a similar vein system like Abundancia, La Gloria and Martha on the La Preciosa Project. Strategy •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. |
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