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LAURANI:
This
silver-gold target includes two high grade vein systems called San
Geronimo and Tatal Pata which were historically worked as far back as
Spanish Colonial times. The property is located 107 km south of La Paz,
Bolivia, just a few km west of the main highway between La Paz and
Oruro. The geological setting at Laurani has similarities to Newmont
Mining Corporation's million plus ounce Kori Kollo gold mine which is
located approximately 55 km to the southeast. At Laurani, the
mineralized veins and disseminations occur within a large volcanic
caldera complex. The two most prominent vein systems extend more than a
kilometre each. San Geronimo vein sampling includes values such as 4.6
m@14.3 gpt gold and 214 gpt silver and 2.5 m @ 10.4 gpt Au and 738 gpt
Ag. The highest vein intercept is presently 85.1 gpt gold with 100 gpt
silver over one metre. The Tatal Pata vein system includes similar
values such as 0.65 m @ 4.5 gpt Au and 1,500 gpt Ag.
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