Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (6395)	6/2/2014 10:18:59 AM
From: Goose94	Read Replies (2) \| Respond to of 203329

Aegean Metals Group (AGN-V) June 2nd 2014 has staked two new exploration prospects in the main porphyry epithermal belt of northern Chile's region III. The Dona Ines and Exploradora East properties (the "Properties") were identified in February 2014, as part of a regional target generation program designed by the Company to locate covered porphyry and/or epithermal targets. The prospect areas were subsequently staked and are covered by a total of 7,700 Ha of active exploration claims: 3,300 Ha at Dona Ines and 4,400 Ha at Exploradora East. The Dona Ines property is located within an underexplored, predominantly Miocene-age volcanic arc that extends from the northern limit of the Maricunga porphyry-epithermal belt to the Peruvian border. Recent discoveries within this Miocene-age belt include Gold Field Ltd.'s Salares Norte property (Inferred Resource of 23 Mt @ 4.2 g/t Au and 44 g/t Ag) and Pircas prospect (oxidized high sulfidation Epithermal system), which are located approximately 20 km E and 22 km SE of the Dona Ines property, respectively. The Exploradora East prospect lies within the Eocene-age porphyry copper belt, and is located approximately 60 km NNE of CODELCO's El Salvador porphyry copper mine and 10 km E of CODELCO's Exploradora porphyry prospect. The target concept at Exploradora East is for the discovery of a porphyry copper system at the intersection of prominent NE-trending structures and the main NS-trending porphyry belt. As the Dona Ines prospect is mostly convered by a thin layer of post mineralization overburden and the Exploradora East prospect is largely covered by post mineralization ignimbrites, an initial evaluation is currently being undertaken on both Properties using partial leach (MMI) soil sampling and expected follow-up ground geophysics (magnetics and IP).