First 2012 Drilling at Paso Yobai returns Positive Results

Gold Investing

Latin American Minerals Inc.(TSXV:LAT) announced results from the first five diamond drill holes at its TacurĂº target. An initial drill program of six holes was completed on the 14.8 km gold trend in January 2012. Latin American Minerals plan to focus their 2012 program on several target zones along the new gold trend.

Latin American Minerals Inc.(TSXV:LAT) announced results from the first five diamond drill holes at its TacurĂº target. An initial drill program of six holes was completed on the 14.8 km gold trend in January 2012. Latin American Minerals plan to focus their 2012 program on several target zones along the new gold trend.

As quoted in the press release:

The TacurĂº Target is a prominent gold soil anomaly, first detected in the reconnaissance sampling program that detected and delineated the 14.8 km long New Trend gold occurrences. After claiming the mineral rights and contracting the surface rights with the local resident, the Company developed information on the target through detailed soil sampling grids, auger-hole sampling, and trenching. The Company released trench results at the target in December 2011, showing 3.8 gpt averaged over 30.55 m.

Latin American, CEO, Miles Rideout, commented:

These first results from TacurĂº confirm that there is notable gold mineralization on the New Trend and this gold is found in sandstone host units, a new mineralization style for the project. These are breakthrough results for the Company and we will continue to aggressively drill further targets. Our goal for 2012 is to demonstrate the scope and dimensions of this major new discovery.

Click here to read the Latin American Minerals Inc. (TSXV:LAT) press release


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