>>>mai.v/MNEAF.OB - 5 mil oz net? from where? tia.<<< ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Net oz? Please read again... I referred to P&P oz and the balance of the 5M/oz will, imo, come from the 90% unexplored portion of the 500,000 highly explorative Argentinian acreage under their control
From MNEAF.OB's 2-21 P.R.
"Although more exploration will be required, the success to date at the original San Jose project, as well as numerous other subsequent discoveries, indicate that a mining district is beginning to be delineated. Four new veins have been reported within the last six months, and less than 15 percent of 32 kilometers of known vein trends drill-tested so far. About ten other drill targets are also known to exist and warrant further testing. Over 5 kilometers of geophysical resistivity anomalies exist on trend and parallel with the currently known veins, and extend to the northeast of the San Jose project. Drilling to date on this type of anomaly has a 100 percent success rate for finding vein. The exploration is being done by Minera Andes' joint venture operating partner, Mauricio Hochschild & Cia. Ltda. of Lima, Peru. Minera Andes owns 49 percent of the San Jose project, and Hochschild, 51 percent. Including consultants, approximately 260 personnel are working at the site.
Further exploration is planned for the current field season. This work will include the completion of a large geophysical gradient array IP geophysical grid in the northern portion of the project where no drilling has been conducted to date. Previous sampling in the Aguas Vivas area, 10 kilometers north on trend of the Huevos Verdes vein, revealed gold values up to 15 g/t. Drilling of approximately 9,000 meters on several targets is planned for this field season.
Minera Andes is a gold, silver and copper exploration company working in Argentina. Minera Andes holds about 500,000 acres of mineral exploration land in Argentina, including the co-owned San Jose silver/gold project now under construction and feasibility consideration for possible mine production. Minera Andes is also exploring an enriched copper zone at its Los Azules property and is acquiring other exploration targets in southern Argentina"
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