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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (413)6/19/2013 10:35:02 AM
From: Goose94Read Replies (2) of 202729
 
Darwin Resources (DAR-V) starts drilling Suriloma

June 19, 2013 - News Release

Darwin Resources Corp. has commenced its initial drilling program at the Suriloma epithermal gold project, department of La Libertad, Peru. Darwin has planned a 12-hole, 2,000-metre diamond drill program to test outcropping oxide gold mineralization at the La Puerta target area. Drill holes will test beneath the surface oxide mineralization to a depth of approximately 150 metres. The drill program has started with one drilling rig currently operating. A second drill rig will be mobilized to site within the next week to speed up the drilling process and maximise cost efficiencies. The entire drill program is expected to take approximately eight weeks. Results for the first holes should be available by the end of July, with all results published by September.

The Suriloma project is located in a prolific gold belt in Peru, 30 kilometres along strike from Barrick's Lagunas Norte mine and 50 kilometres from Rio Alto's La Arena mine. Darwin previously reported very encouraging channel sampling results from the La Puerta area (see news release dated Dec. 14, 2012, and Jan. 10, 2013) from outcropping oxide mineralization. Darwin's channel sampling highlighted a quartz stockwork zone covering 1,300 metres open ended and up to 100 metres wide within two subparallel zones. Channel sampling included 16 metres at 2.12 grams per tonne gold from zone A and 29 metres at 1.60 grams per tonne gold from zone B.

The qualified person, Dr. Graham Carman, Darwin's president and chief executive officer, a fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.

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