NEWS ROUNDUP — Asarco proceeding at Los Pinos

Drill results from Los Pinos, a 145-km property southeast of Lima, Peru, have prompted Asarco (NYSE) to expand road construction and test for the potential of using solvent extraction-electrowinning.

Asarco completed a 26-hole program across an 800-metre-wide alteration zone which hosts porphyry-copper-style mineralization.

The drilling returned varying results from 100 metres grading 0.01% copper up to 122 metres grading 0.53%.

Some of the better intersections include 122 metres grading 0.49% copper in Hole LP1, 122 metres grading 0.45% in Hole LP10 and 122 metres grading 0.42% in Hole LP9.

Asarco is earning an interest from Peruvian company Acuarios Minera y Explorada and 20% owner Arequipa (VSE).

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