GCR is certainly on to a very interesting find at Los Hatillos JV in Panama. Currently two drill holes have been completed over the project and two more are probably nearing completion in the next few days. In and around Los Hatillos GCR has over 9 kms of strike length. The first target at Veta Blanca has two adits some 300 meters apart that identify a surface/near surface mineralized hi grade gold system some 1.2 meters thick. Two holes interesected the system between 124-164 meters depth recording widths of 19 meters and 10 meters into that system and a interesting array of other data that identify the system as mesothermal. By way of rough guess I exrapolate an average width of, say 5 meters to 165 meters depth and 350 meters in length. That is an appox 288,750 cubic meters/721,875 tonnes. There seem to be a host of additional targets in the drilling from the reporting, so the "guesstimate" tonnage may be much larger, reported grades in the two adits run 12-27 g/t. The pull back in the SP may be over, look for more data from hole #3 and #4 may come very soon. The drill program is also being stepped up. Good luck to all longs.
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