Phil,
If you check the Abacus annual report, and it has a good little map showing the deposits/prospects in the Santa Cruz province close to Abacus and Yamana. In a roughly north to south line, covering about 100 kilometres, are the following (starting in the north):
1. El Puma (Minera Andes Inc) with 35m @ 3.67 g/t gold, 6.53 g/t silver
2. Cerro Negro (Mount Isa Mines Ltd. - MIM)
3. Lejano (Yamana Resources Inc.) with
Hole 1: 12m @ 642 g/t silver, 1.78 g/t gold, and 6.1% lead
Hole 8: 22m @ 290 g/t silver, 1.00 g/t gold, and 4.4% lead
4. La Manchuria (Abacus Minerals Corp.) with 58.05m @ 6.53 g/t gold, 22.3 g/t silver
5. Bacon (Yamana Resources Inc.) with
DH-1: 14m @ 737 g/t silver, 1.30 g/t gold
DH-2: 24m @ 664 g/t silver, 0.68 g/t gold
6. Manantial Espejo (Triton Mining Corp.) with 900,000 oz gold equivalent
The Bacon prospect lies about 80 kilometres due west of the following:
1. Cerro Vanguardia (Anglo American) 3,800,000 oz gold; begins production in Fall 1998.
2. El Dorado (Northern Orion Exploration Ltd.) with 23m @ 5.9 g/t gold
With sites like these, this is turning into quite an area play. It's interesting that the majority of these are Canadian juniors. Why aren't there some Argentinian/Chilean players active here?
Neil. |
