|
La Noria, Mexico- Copper Project:
La Noria is a 100%-owned, 10,000-hectare property located in northern Mexico. Late in 2009 Solitario received the results of 100 channel samples collected from a mineralized zone measuring about 700 meters long and 150 meters wide. We were pleasantly surprised at the average copper grade of these samples - 0.32% copper, and moved quickly to drill test the property.
In the first quarter of 2010 Solitario completed a 11-hole, 1,571 meter reverse circulation drilling program. Drilling confirmed the presence of copper oxide mineralization in the subsurface. Drill hole LN-01 had the best mineralized intercept grading 0.22% copper from the surface down to 106 meters, including 46 meters grading 0.35% copper from 60-106 meters in depth, and
totally within the oxide zone. We are currently evaluating the results of the drilling program to determine if a second round of drilling is warranted.
|
|
|
|
