Parlane Resource Corp. (TSXV:PPP) announced that Phase I exploration at the Mercedes project in Mexico is now complete.

The press release is quoted as saying:

The Phase 1 exploration program evaluated the potential of the main mineralized zone, “La Lamosa” ridge, as well as additional areas of interest regionally and on the property, prior to a 2000-metre diamond drilling program scheduled to commence late summer 2011.

Click here to read the entire news release.