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Mar 05, 2010: News Releases: Golden Peaks Expands Gold Zones at La Fortuna (more...)Feb 24, 2010: News Releases: La Fortuna Gold Project: Accelerates Drilling (more...)Feb 11, 2010: News Releases: La Fortuna Gold Project: Second Drill Rig Added (more...)Jan 25, 2010: News Releases: La Fortuna: T-11 Gold Zone Drilling Update (more...)
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 is a progressive international exploration and resource development company with its primary focus in Argentina. The company controls approximately 9,500 acres of land holdings in one of the country's most established mining districts.
The Company's flagship La Fortuna gold project is located in the Province of Chubut, Argentina, 1,300 km south of Buenos Aires. The La Fortuna gold project is located in the same region as Pan American Silver Corps' Navidad discovery. The claims covering the La Fortuna gold deposits have been legally surveyed and the Company holds 100% title to the claims through its wholly-owned subsidiary, Golden Peaks Minera S.A.
This advanced development project covers a mineral district currently containing two gold deposits (T-11 and G). With over 250 drill holes completed in the district and 20 km of gold bearing structures drilled the project exhibits distinct geological characteristics evidencing its potential to be the region's next major gold discovery. The mineralization is simple, gold with minor silver, and it contains no deleterious metals.
The T-11 and G deposits are approximately 700 metres apart across strike and hosted by the same large gold mineralizing system which is estimated to measure approximately two square kilometres. This immediate area is particularly well mineralized and the Company believes a significant gold resource can be delineated quickly, there is also strong probability that additional gold discoveries will be made.
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Toronto Stock Exchange
12:02 on
03-11-2010
$0.97
15-20 min delay
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