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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (146230)	2/10/2009 10:11:23 AM
From: Valuepro	Read Replies (1) \| Respond to of 312966

That Dorato PR is actually dated Feb. 10, not Jan. 10. FWIW

To: Goose94 who wrote (146230)	2/23/2009 9:55:08 AM
From: Veteran98	Read Replies (2) \| Respond to of 312966

Dorato samples up to 132.2 g/t Au at Cordillera 2009-02-23 09:48 ET - News Release Mr. Keith Henderson reports DORATO CONFIRMS LARGE HIGH-GRADE GOLD-SILVER SYSTEM AT TARICORI ZONE, CORDILLERA DEL CONDOR PROJECT, NW PERU Dorato Resources Inc. has received very positive assay results from Minera Afrodita, relating to the high-priority Taricori gold -- silver zone on the Cordillera del Condor project in northern Peru (Dorato has an option to acquire 100 per cent of Minera Afrodita). Mineralized vein channel samples returned grades of up to 132.2 grams per tonne (4.25 ounces per tonne) gold and 1,669 grams per tonne (53.66 ounces per tonne) silver. Results from 168 vein rock channel samples returned a mean grade of 10.95 grams per tonne (0.35 ounce per tonne) gold and 134.41 grams per tonne (4.32 ounces per tonne) silver with 68 per cent of vein samples grading greater than 26 grams per tonne (0.84 ounce per tonne) gold. Gold enriched wall-rock channel samples highlight the considerable potential for a bulk-tonnage target in addition to the high-grade, vein-hosted mineralization. Wall-rock samples returned grades up to 6.95 grams per tonne (0.24 ounce per tonne) gold and 193 grams per tonne (6.81 ounces per tonne) silver. Results from 195 wall-rock channel samples returned a mean grade of 0.60 gram per tonne (0.02 ounce per tonne) gold and 16.5 grams per tonne (0.53 ounce per tonne) silver. Dorato retains exploration rights on more than 800 square kilometres of highly permissive exploration territory in the Peruvian portion of the Belt. Minera Afrodita's exploration in 2008 has only covered approximately 20 per cent of the geological and structural extension of what is arguably one of the world's premier, unexplored, high-grade precious metal districts situated in a politically stable jurisdiction. The Peruvian portion of the district has never seen sustained modern exploration. The Taricori gold -- silver zone (formerly El Tambo), located on the Peruvian side of the prolific Cordillera del Condor gold -- copper district, is an epithermal poly-sulphide vein system with 2.6 kilometres of underground development in 142 historical mine workings. The Jerusalem deposit (Dynasty Metals & Mining Inc, measured and indicated resource of 585,000 contained ounces gold plus additional 710,000 inferred ounces gold) in Ecuador is located approximately one kilometre to the west and is interpreted to represent the western limits of the Taricori mineralizing system. The potential of the Cordillera del Condor gold -- copper district is highlighted by discoveries such as the Fruta del Norte deposit (Kinross Gold Corporation, 13.6 million contained ounces at 7.23 grams per tonne gold) in Ecuador. Additional results from Taricori zone and the surrounding targets are expected in the coming weeks. Rock sample results Results from a total of 1,271 rock samples have been received from the Taricori zone. Channel samples were taken from historical workings and from country rock traverses in the area. Characterization samples were taken where channel sampling could not be achieved. Channel sampling of historical workings (363 samples) tested vein and fault and wall-rock material. Sampling was undertaken to determine the grade of the main mineralizing structures and the bulk-tonnage potential of the wall-rocks. Gold is clearly present in veins and within fault gouge although silicified rock with sulphides may carry gold and has not been historically exploited due to the difficulty of mining and recovering gold from harder rock using artisanal mining methods. As a result, rock exposure in workings is skewed towards softer gouge material and silicified rocks are under-represented in the data set. This future upside potential can only be fully tested by drilling. 367 CHANNEL SAMPLES FROM HISTORICAL WORKINGS Sample type No. Samples Au g/t Ag g/t Cu % Pb % Zn % Veins 168 Min 0.09 0.70 0.00 0.01 0.00 Max 132.20 1,669.00 3.41 7.73 25.15 Mean 10.95 134.41 0.21 1.35 3.99 Wall-rock 195 Min 0.01 0.30 0.00 0.00 0.00 Max 6.95 193.00 0.42 3.04 13.65 Mean 0.60 16.50 0.03 0.21 0.42 Several reconnaissance lines were cut in the vicinity of Taricori in an attempt to delineate the limits of the extensive gold-endowed system. Traverse channel samples (894 samples) were taken where these lines exposed outcrop. These samples are therefore not targeted on known mineralization and are not normally expected to carry significant gold values. Notwithstanding this, the results from the sampling are excellent, with country rock samples reaching 15.8 grams per tonne gold and a mean of 0.10 gram per tonne gold -- the Taricori gold-silver system is clearly open, particularly to the south and southeast, towards very substantial geophysical anomalies. These results highlight the considerable potential for wall-rock mineralization in the country-rocks, reinforcing the bulk-tonnage potential of the gold-bearing system. 894 CHANNEL SAMPLES FROM TRAVERSES Sample type No. Samples Au g/t Ag g/t Cu % Pb % Zn % Channel 894 Min 0.00 0.05 0.00 0.00 0.00 Max 15.80 580.00 0.51 2.47 9.18 Mean 0.10 3.99 0.01 0.04 0.04 Characterization samples (14 samples) were collected from dumps, workings and regionally in any situation where a channel sample was unsafe to collect in a representative manner. 14 CHARACTERIZATION SAMPLES Sample type No. Samples Au g/t Ag g/t Cu % Pb % Zn % Vein 11 Min 0.04 5.30 0.01 0.30 0.02 Max 21.70 194.00 0.27 6.00 12.20 Mean 9.15 98.94 0.08 2.52 4.45 Wall-Rock 3 Min 0.02 0.70 0.01 0.02 0.03 Max 0.48 10.30 0.02 0.21 0.31 Mean 0.18 6.90 0.01 0.11 0.19 A total of 2,522 rock samples, 392 stream sediment samples and 1,084 soil samples were collected during the 2008 work program. Additional geochemical results will be released as they become available. Taricori mineralization Taricori is interpreted to be an intermediate sulphidation epithermal poly-sulphide vein system, with gold mineralization occurring in massive sulphide veins of pyrite, sphalerite and galena. Exposure within historical small-scale mine workings is good and the number and continuity of veins that can be observed is excellent. Channel samples to date have demonstrated that widespread coarse-grained pyrite mineralization appears to carry gold mineralization, which greatly increases the chance of developing a bulk-tonnage deposit in the area. In several areas, broad zones of greater than 0.5 gram per tonne gold mineralization have developed around primary mineralizing structures, greatly enhancing the possibility of developing significant gold-bearing mineralized zones around the primary veins. Quartz is notably absent from most of the veins and is only a minor component in even the largest of veins. Alteration is dominantly sericite and illite. Veins range up to 1.2 metres in thickness and the larger veins are structurally continuous for hundreds of metres along strike and down dip. The density of underground workings is very impressive considering the difficulty of prospecting for recessive sulphide veins through the dense jungle vegetation. The actual density of veins is likely much higher than what is indicated by the workings and will only be fully appreciated following drill testing. To date, 142 underground workings have been discovered within an area of roughly 700-by-400 metres. Many of these are significant workings with several tens of metres exposed. Adits have been excavated on multiple levels over a vertical extent of approximately 300 metres. Mapping and sampling has been completed in sufficient detail to undertake an analysis of the vein geometries, including intersections and splay structures. Mapping of important structures in the vicinity of the workings reveals a dominant strike of 125 degrees, which coincides with an important fabric in the magnetic data near Taricori. Looking across the border at the vein structures in Ecuador it is clear that the main vein set there has a similar 125 degree trend on both the north and south sides of the main vein set, suggesting that could result from a sinistral motion across the structural corridor. Interpreted system dimensions Historical mine workings have been discovered throughout an area of 700-by-400 metres, but the mineralizing system is interpreted to be significantly more extensive. Including the Jerusalem deposit in Ecuador, interpreted to be a continuation of the Taricori system, the system measures 3.5-kilometres-by-1.5 kilometers to date (approximately five square kilometres). This area includes a number of electromagnetic and magnetic anomalies where prospectivity needs to be confirmed by geochemical results, expected in the coming weeks. These dimensions do not include any of Dorato's other targets outlined in previous news releases, such as the 29 square kilometre Cobrecon copper-molybdenum-gold porphyry target to the south. We seek Safe Harbor.