FURTHER HIGH GRADE ORE ZONESCONFIRMED BY FIRST PHASE DRILLING...

FURTHER HIGH GRADE ORE ZONES
CONFIRMED BY FIRST PHASE DRILLING AT
CERRO NEGRO VEIN ZONE PROSPECT
HIGHLIGHTS
• Very encouraging initial results received from Phase One drill program at
Andean’s Cerro Negro gold project in southern Argentina.
• Drill results from 7 Reverse Circulation and 4 Diamond drill holes at the
Vein Zone, Cerro Negro, have been received (see figure 1).
• Drilling intercepts wide, high-grade gold zones over a strike length of
250m. Best intersections are:
o 13 metres of 6.18 g/t gold followed by 10 metres of 3.43g/t gold
(VDD – 502)
o 10 metres of 4.1 g/t gold followed by 17 metres of 3.86 g/t gold
(VRC – 505)
o 23.1 metres of 2.09 g/t gold (VDD – 503)
o 14.5 metres of 3.09 g/t gold (VDD – 505)
o 39 metres of 2.45 g/t gold (VRC – 503)
o 16 metres of 2.25 g/t gold (VRC – 504)
• Results confirm interpretations from previous explorers with mineralisation
(contained in moderately to steeply dipping quartz veins) remaining
open, particularly to the east and down dip.
• Two deep diamond holes (VDD-506 & VDD 507) completed below previously
known mineralisation have intersected quartz stockwork mineralisation
as predicted, over significant widths (>50m). Assays results are pending.
• A new zone of quartz veining (below 120m) with potentially commercial
gold grades intersected in the footwall of the previously identified main
ore zone.
• Newly identified zones of quartz stockwork uncovered by trenching
300m east of current drilling towards the adjacent Heradura prospect.