The drill program is planned for 15 holes totalling approximately 5,000 metres.

To date, two holes have been completed for a total of 670 metres. Core has been logged and split and transported to SGS Laboratories in Lima for analysis.

A third hole was commenced but abandoned at 120 metres due to mechanical problems.

Drilling is now under way in a new hole from the same location but slightly steeper angle. Results will be released as they become available.

Diamond drilling is being performed using HQ diameter drill rods, reducing to NQ diameter if required. All core has been logged and split on site under the supervision of the Company’s geologists with sampling done on nominal two metre intervals.

Samples are transported by Company staff to SGS Laboratories in Lima, Peru, for ICP analyses using multi-acid digestion.

Analytical standards and blanks are routinely introduced in the sample suites sent to the laboratory, and samples that exceed their respective threshold levels for Ag, Zn and Pb are re-assayed by specific atomic absorption techniques.

The qualified person for the Company’s projects, Mr. John Nebocat (P.Eng.), V.P. of Exploration for the Company, has reviewed and approved the contents of this news release.