timing may be good for ags, page-2

The speculation end of the market seems to be well into copper plays atm.

The Inca Minerals releases looks like an exact replica of what is at play with the AGS Chile Copper-Gold Project.

Lots of discussion re breccia pipes and their association to large porphyry style copper mineralisation.

Have a look at our project and compare it to what all these speculation freaks are jumping up and down about.

http://www.allianceresources.com.au/IRM/content/project_cabeza.html

A few snippets:

The Cabeza de Vaca district is located in northern Chile’s iron-oxide copper-gold belt and 27 kilometres southeast of La Candelaria mine (resource 479Mt at 0.95% copper, 0.22g/t gold 3.1g/t silver) owned by Freeport-McMoran Copper & Gold Inc.

Surface and underground mine workings, hydrothermal alteration, copper showings and geochemical rock chip sampling, define a 10 km square area on the Cabeza de Vaca properties that contains numerous distinct zones of copper-gold mineralization associated with quartz-tourmaline breccias and sheeted vein systems.

The Company’s exploration strategy is two-phase:

•To define and exploit the remaining “near surface” copper-gold mineralisation associated with the breccia pipes. The Cabeza de Vaca breccia pipes district has a history of small scale artisanal mining, the pipes having been high-graded in the oxide and secondary enrichment zones above the water table. The best remaining mineralisation is probably in the hypogene sulphide zone below the water table.

•To explore the potential for porphyry style copper-goldmolybdenum mineralisation at depth below the breccia pipe zone.

The geological model is that of mesothermal mineralised hydrothermal breccia pipes and veins, which expand and coalesce with depth into a large scale mineralised system. Alliance believes that a large porphyry system is the source of, and may lie at relatively shallow depth below, the area of alteration and mineralized breccia pipes.

The next phase of work includes detailed geological and structural mapping using local geologists where possible and planning of an induced polarisation (IP) survey to generate targets for diamond drilling.

Looks like a well timed acquisition on behalf of AGS.

We have an interest in a world class uranium project plus this and don't forget Warrina.

Will leave it at that. ;-)