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News Breaks | | | | September 13, 2012 | | 09:06 EDT |  | MGN | Mines Management initial drilling at La Estrella extends gold and silver zone
Mines Management announced results from initial drilling activities at the La Estrella gold-silver project in central Peru, in which the company can earn a 75% interest from Estrella Gold Corp. Eight new holes, totaling approximately 2,700 meters, were completed in August in a program designed to test the south-western extent of a large gold and silver mineralized zone, which remains open to the north, south, and west. Seven of the eight holes intersected gold and silver mineralization exceeding 100 meters in thickness. Previous drilling by predecessors on the property, totaling approximately 5,800 meters among 33 holes, intersected mineralization approximately 1,800 meters in length north to south by 300 meters wide east to west. The mineralization defined a tabular, west dipping zone up to 200 meters thick outcropping to the east. | |
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