Wednesday, April 28, 2010

San Juan exploration start up period

San Juan exploration start up was expected in Q4 this year. I wonder if the early gold pour at Lamaque has moved up the start period by a month or two. It would be good if they could start mid to late summer instead of Q4 - worst case scenario, Q4 is only about 5 or 6 months away. There are lots of intriguing test targets on the property. Century`s land package is large down there, but the property had essentially never been drilled prior to Century arriving on the scene. Century`s original drill program down there was very limited and didn`t go much outside the veins surrounding the San Juan Mine area. Also, I think the geologists have since had a chance to study the data and have built theories based on similar geological formations and structures in Peru and elsewhere around the world. I look forward to us testing those theories.

``Upon commencement of gold production at the Lamaque gold mine, senior management will focus its energy on expanding production at Lamaque. At its San Juan gold mine, the Company will be ramping up exploration efforts on specific targets to evaluate the large property position.``

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