Replies to post #101850 on Strategic Asset Leasing Inc (LEAS)

[GreenFever]

Good Stuff!!! Looking forward to this week with MMTE! Am I the only one....or does anyone else have the feeling we hear from the company this week? With all that land documented and being registered.....sure seems like the time is upon us for some really GREAT News! I missed the move up last year on land aquisitions and WILL NOT miss out on what is coming this year!

[nedski]

I do know a lot about gold and silver mines and 1.14 gm/ton ain't gonna get it.

[ofspring]

Atacama Pacific Provides Cerro Maricunga Project Update
New Areas of Oxide Gold Mineralization Discovered


TORONTO, ONTARIO, Jun 07, 2012 (MARKETWIRE via COMTEX) -- Atacama Pacific Gold Corporation /quotes/zigman/1557377 CA:ATM +3.33% ("Atacama Pacific") is pleased to report continued positive drill results from the recently completed 45,995-metre Phase III drilling campaign at its Cerro Maricunga oxide gold project located in Chile's Maricunga Mineral Belt. Highlights of the recent results, summarized in Table 1, include:




-- Crux Zone (CMD-196), 124 metres grading 1.10 gram per tonne gold ("g/t
Au");
-- Phoenix Zone (CMD-140), 230 metres grading 0.55 g/t Au;
-- Lower East Zone (CMR-164), 50 metres grading 1.04 g/t Au; and,
-- Exploration (CMR-190), 90 metres grading 0.49 g/t Au including 18 metres
at 1.00 g/t Au.





The majority of the results reported were from infill drilling throughout the Cerro Maricunga deposit and were largely as anticipated; however, targets drilled outside the deposit area resulted in the expansion of the newly identified Lower East Zone and the discovery of two new areas of oxide gold mineralization (see attached drill plan).

Five drill holes were collared along a new gold trend, the Lower East Zone, previously cut by CMR-155 (222 m grading 0.45 g/t Au) and CMR-150 (14 m at 0.53 g/t Au) - see April 2, 2012 press release. Recent drilling on the Lower East Zone returned 50 metres grading 1.04 g/t Au (CMR-154), 94 metres grading 0.40 g/t Au (CMR-194) and 30 metres at 0.48 g/t Au (CMR-197). Drill holes CMR-194 and CMR-197 were drilled in opposite directions from the same station.

Drill hole CMR-190 cut a new area of oxide mineralization returning 90 metres grading 0.49 g/t Au including a higher grade core of 18 metres of 1.00 g/t Au. CMR-190 was collared on section 1150, approximately 600 metres northeast of the northwesterly trending Phoenix Zone.

A third new area of oxide mineralization was recently intersected approximately 150 metres north of the Crux Zone with CMR-205 returning 32 metres grading 0.78 g/t Au. Additional drilling will be required to determine if the intersection represents a new zone of gold mineralization or if it is related to the Lower East or Crux Zones.

"The discovery of new areas of oxide gold mineralization off the main Cerro Maricunga trend opens the potential of the entire 2.5 by 2.0 kilometre Cerro Maricunga volcanic complex and these areas represent significant targets for our next drill program", said Carl Hansen, President and CEO of Atacama Pacific. "Within the Cerro Maricunga deposit, the consistency of the infill drilling results has been very good. The majority of the Crux Zone results have now been reported. The remainder of the assay results, from the Phoenix and Lynx zones, should be available within the next four weeks leading to an updated resource estimate scheduled for release during August 2012. Work at site is presently focused on collecting a number of samples for continued metallurgical testing as well as drilling water monitoring wells for base environmental studies."

PEA Update
GOLD IS IN OUR AREA!!!!! MMTE