Escala Project - The Escala mine is another property in which - ATLAS Precious Metals Inc. - has signed a letter of intent for a joint venture agreement with COMIBOL.
The Escala orebody - is a very large orebody with a number of mineralized targets.
The property has 23 holes drilled by AUSTPAC Gold totaling 2,612 meters.
A second round of drilling of 14 holes added another 1,517 meters.
The orebody has been a property of interest since colonial days.
It hosts several very large stockwork deposits worthy of significant attention.
The property is polymetallic, however, it also appears to host a porphyry copper deposit underlying the polymetallic stockworks.
It also hosts a small gold anomaly containing approximately 30,000 ounces at reasonable grade.
The Escala property - has extremely good potential but work to date has been more of the geo-chemical nature and has identified several interesting targets.
APMI plans 8,000 meters of drilling on the property in 2007 -
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