Exploration by Oro Belle Resources (ORS-V) is proving up the potential of the Flechas gold property in Argentina.
Samples from 11 trenches assayed up to 7 grams per tonne, which is consistant with surface results.
Also, geophysical surveys have yielded several potential targets, and a 2,000-metre program of reverse-circulation drilling has begun at the property, which lies in the gold belt known as El Indio, near the Chilean border.
Meanwhile, geophysical surveys are under way at the nearby Coipita property, and drilling is planned for the Salamanca project in La Rioja province.
The three properties are held through Minas Argentinas, in which Oro Belle holds a 50% interest. The remainder is held by IMA Resource (IRU-V).
Oro Belle’s majority (47%) shareholder is Viceroy Resource (VOY-T).
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