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    Minera IRL Announces Encouraging Exploration Results from Bethania Gold-Copper Porphyry Project, Peru

    Investing News Network
    Jul. 07, 2010 10:00AM PST
    Gold Investing

    Minera IRL Limited (TSX:IRL)(AIM:MIRL)(BVL:MIRL) announced an update on the Phase 1 exploration at its Bethania Gold-Copper Porphyry Project, Peru. Minera IRL SA has the option to earn 100% ownership in this project.

    Minera IRL Limited (TSX:IRL)(AIM:MIRL)(BVL:MIRL) announced an update on the Phase 1 exploration at its Bethania Gold-Copper Porphyry Project, Peru. Minera IRL SA has the option to earn 100% ownership in this project.

    The press release is quoted as saying:

    Six drill holes intersected broad zones of gold copper molybdenum mineralization, characteristic of the targeted porphyry system. The best drill hole results, from RC10-BET10 intersected 276m from surface averaging 0.38g/t gold, 0.09% copper and 30ppm molybdenum including, also from surface, 72m at 0.66g/t gold, 0.13% copper and 40ppm molybdenum. Hole RC10-BET07 averaged 0.32g/t gold, 0.09% copper and 32ppm molybdenum over the entire 426m of the hole and included a better zone of 124m at 0.39g/t gold, 0.10% copper and 22ppm molybdenum from 260m down hole.

    Click here to access the entire press release

    Click here to access Minera IRL Limited Corporate Site

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