Peruvian Gold Limited: Lara drilling underway, Monday May 5 2:01 PM EDT
VANCOUVER, British Columbia--(BUSINESS WIRE)--May 5, 1997-- PERUVIAN GOLD (VSE:PVO.) Mr. Nick DeMare, Director, Peruvian Gold Limited, is pleased to announce that the reverse circulation drill program on the Company's 100 percent owned Lara porphyry copper prospect, located in west-central Peru, has commenced. The initial exploratory program will consist of five drill holes, each to be drilled to a depth of 250 metres.
This is the first of four drill programs to be undertaken in Peru during the current exploration season. Upon completion of the initial Lara program, the Company will undertake minimum 1,000 metre reverse circulation drill programs at our 100 percent owned Agua Verde porphyry copper oxide target and the Perenti epithermal gold target. Our joint venture partners, North/Argento, will be drill testing the Mont Dor epithermal gold target in May/June 1997.
Peruvian Gold Limited is a Canadian-based mineral resources company operating in Peru, Ecuador and Canada.
On behalf of the Board:
Nick DeMare, Director
The Vancouver Stock Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this release.
CONTACT: Peruvian Gold Limited
Jill Brand, 888/215-5111 or 604/682-1700
E-mail: pvo@intergate.bc.ca |
