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Gold/Mining/Energy : Yamana Resources INC. T- YRI

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To: Neil Irwin who wrote (1534)9/9/1998 9:37:00 PM
From: Neil Irwin  Read Replies (2) of 2346
 
This week's Northern Miner has a good article on the area play that is developing in Santa Cruz. Yamana received good lineage, including:

"Core drilling is under way at Yamana Resources' Santa Cruz project. The Bacon prospect is being worked first, as it is at a lower, more accessible elevation than a second prospect, known as Lejano. Drill crews are testing Bacon at greater depth and along strike, with a close pattern of holes, while, at Lejano, geologists have outlined a mineralized zone measuring 800 metres.

"The company's primary target is disseminated mineralization, though a bulk-tonnage target is a better way to describe it," says Project Manager Mel Klohn.

Adds company geologist Matthew Hughes, who has been exploring Patagonia with Yamana for more than four years: "This is the year we need to come up with a resource."

The article also mentions Minera Andes, Black Hawk/Triton, Abacus, MIM, and Minorco's Cerro Vanguardia project.

Greg, is it true that drilling has started already?

Neil.
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