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Latin American Minerals Inc.(TSXV:LAT) announced that it will carry out a second drill campaign at the Tacurú gold target.
As quoted in the press release:
The first drill campaign revealed a new mineralization style characterised by high-grade fine gold disseminated in sandstones. The Company resumed drilling on May 8, 2012 following new trenching at the site. This second programme is designed to delineate mineralization along the trend by drilling at nominal step-out intervals of 40 m.
Latin American Minerals Inc., President, Miles Rideout, commented:
We are eager for this second round of drilling at Tacurú after the excellent initial results. The new style of Tacurú mineralization adds to our geological insight, information we’ll continue to exploit in future targeting. We are also pleased that the pilot plant is now routinely exceeding 90% of the designed capacity of 5 tonnes per hour. We have observed a steady improvement in production as our plant technicians have learned to optimise flow rates and process cycles. With the plant operation well in hand, we have prepared a second operating shift for the concentrator plant. This speeds our development and any net revenues realized from these operations will subsidize continued drilling at our pending gold targets.
Click here to read the Latin American Minerals Inc. (TSXV:LAT) press release
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