Minera Andes busy at Frea

Vancouver — High-grade gold and silver encountered while drilling at the San Jose project in Argentina are expected to expand the resource.

Minera Andes (MAI-T) drilled 10,800 metres in 43 holes at the Frea vein (formerly Huevo Verdes East). The drilling tested 500 metres of the vein’s strike length to a depth of 250 metres.

Three quarters of the 24 diamond drill holes assayed so far have returned high-grade gold and silver. The best intercept was 885.2 grams gold and 13,762 grams silver per tonne over 0.32 metre in hole 97, within a broader intercept of 1.62 metres averaging 231 grams gold and 3,983 grams silver.

Other highlights include 8.23 metres of 7.9 grams gold and 902 grams silver in hole 55, and 5.47 metres of 43.8 grams gold and 1,860 grams silver in hole 79.

The results will be incorporated into thee reserve estimate, which in turn will form the basis of the feasibility study.

The Spokane-based company has also drilled 14,000 metres in 85 infill holes on the main Huevos Verdes vein. The Huevos Verdes and Frea veins are part of the San Jose project, ownership of which is shared by Minera Andes (49%) and Maurico Hochschild & Cia (the remainder).

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