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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (15808)	7/11/2006 9:50:05 AM
From: John McCarthy	Respond to of 78421

Century Mining Corporation: New Data Substantiates Porphyry Potential at San Juan in Peru EDIT Santa Clarita The Santa Clarita prospect is located approximately 5 kilometers south of the San Juan mine site. The prospect displays an area of intense biotite-limonite alteration in conjunction with anomalous values of copper, gold and molybdenum in rock geochem sampling. The surface alteration zone covers an area of approximately 1 km by 2 km. The alteration, combined with the surface rock geochem results, suggest that a porphyry system exits that may host a large copper/gold deposit. The data include 33 surface chip and channel samples taken from the Santa Clarita prospect. The samples range from 11.2 to 33.2 ppm copper, 1.0 to 1601.5 ppm molybdenum and 0.005 to 5.62 g/t gold. Erika The Erika prospect is located approximately 10 kilometers south of the San Juan mine site. Geological mapping identifies the prospect as a porphyritic intrusion hosted in the granodiorite coastal batholith. A thin altered layer of Yura Group sedimentary rocks caps the area. Outcrops of quartz sulfide stockwork and disseminations are evident along with propylitic alteration. The mapping and outcrop sampling suggest that a porphyry stock is present at a shallow depth of 100-200 m below the altered sediments. The Erika target covers an elongated area of at least 1 km by 2 km. The data include 46 surface chip and channel samples taken from the Erika prospect. The samples range from 15.7 to 1668.8 ppm copper, 2.0 to 989.0 ppm molybednum and nil to 0.48 g/t gold. The Company's Vice President of Exploration, Ross F. Burns, P.Geo., L.G. prepared the technical information contained in this news release and reviewed the press release in its entirety. biz.yahoo.com Note: The properties above are NOT the main properties related to the CMM purchase in Peru. From my point of view SJ and SC are the main properties. With respect to the Erika property, CMM stated at their annual meeting that 3 companies contacted them about JVeeing this property. Position: 125,000 shares regards, John McCarthy