LATIN AMERICA — Conquistador outlines Colombian deposit

California-based Conquistador Mines (cql-v) has reported encouraging drill results from Zone 5 at its Marmato property in west-central Colombia.

Highlights from surface drilling include the following:

* 1.31 grams gold per tonne across 40 metres (from 250 to 290 metres) in hole MS-25;

* 3.11 grams across 52 metres (from 220 to 272 metres) in hole MS-26; * 8.49 grams across 16 metres (from 150 to 166 metres) in hole MS-27; and * 3.25 grams across 14 metres (from 212 to 226 metres) in hole MS-28.

Underground drill hole MU-10 returned several promising intersections, including:

* 2.11 grams across 14 metres (from 132 to 146 metres);

* 1.3 grams across 42 metres (from 150 to 192 metres); and

* 4.49 grams across 12 metres (from 210 to 222 metres).

The mineralization extends to the surface in several zones, and Conquistador is evaluating the potential for heap leaching the more oxidized, near-surface portions.