SI
SI
discoversearch

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.
Gold/Mining/Energy : Yamana Resources INC. T- YRI -- Ignore unavailable to you. Want to Upgrade?


To: kingfisher who wrote (1360)6/17/1998 9:23:00 AM
From: PSkars  Read Replies (1) | Respond to of 2346
 
To All; I picked this note up from the Abacus Minerals Thread, also in the Yamana exploration area, which gives us a picture of who else is in the area, and what they have found. See their prospective web sites for announcements.

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