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Tuesday, 20th September 2005 (7475 views)

Acero-Martin Exploration's La Mamita Gold Project in north Peru has returned pleasing results, reports the company.

Situated in the Ancash mining department, La Mamita expands over 1,000 hectares and lies on a bed of sedimentary rocks.

Recent testing involved a geochemical survey on a soil grid of 125 metres squared, whereby 36 soil samples were collected at 25 metre intervals.

The highest gold value in a sample was 2.44 g/t and the average was 0.236 g/t. Rock chips previously taken from this area averaged 1.43 g/t of gold.

Encouraged by these results, Acero-Martin will be undertaking further geochemical surveys and following them up with geological mapping and hand
trenching.

Acero-Martin is currently compiling data from rock, soil and trench samples obtained from its Pinaya Gold Project in south Peru.

 

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