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Strategies & Market Trends : Ride the Tiger with CD
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To: TheBusDriver who wrote (39435)1/1/2006 11:54:03 AM
From: rubbersoul  Read Replies (2) of 312611
 
BTW, I spoke to LRR management recently. I was told that the company should be receiving some drill results next week and seem particularly excited about the "northern anomaly":

Drilling at the Ixhuatan project continues with two drill rigs. One drill rig continues to work at the Campamento Deposit while the second drill rig is testing new satellite targets outside the Campamento Deposit. At the Campamento Deposit, the drill rig is presently conducting infill drilling based on recommendations from Micon International. Micon has identified a number of areas within the potential open-pit that require additional drilling. The second drill rig is presently completing a five-hole program at the Central Anomaly (situated one km to the NE of Campamento). After completion of these five holes, the rig will be moved to the Northern Anomaly (situated two km north of Campamento) where field crews have identified significant skarn mineralization. Sampling along a ten metre trench indicated a zone of mineralization averaging 1.9 grams per tonne gold, 28.5 grams per tonne silver and 1.28% copper. Mineralization has been traced for nearly 200 metres along strike and the potential for further extensions is believed to be high. The drill is anticipated to start drilling the Northern Anomaly within the next 1-2 weeks.
biz.yahoo.com

JH
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