PROJECTS - Don Sixto (La Cabeza)

Mandibula - Discovery Drilling

Results from 2005 channel sampling at the Mandibula Zone added a minimum of 80 meters of strike length to the existing 220 meter long conceptual open pit. In addition, the sampling approximately doubled the interpreted width of the Mandibula zone at surface.

This channel sampling followed re-mapping and rock chip traversing of the Mandibula zone that discovered gold mineralization in rock previously thought to be un-mineralized. The results established that the Mandibula Zone is open to the northwest, south and southeast. The surface channel sampling program has continued, along with the commencement in February 2006 of a diamond and RC drilling program.

Channel sampling was conducted on lines spaced twenty-five meters apart, cut using a diamond saw. Sampling was oriented across the strike of mineralization. The program has been undertaken in two stages:

  1. Channels 1, 2, 2A, 3 (partial), 4 and 5 were completed in 2004 and were used in resources estimates reported on June 30, 2005. These channels were all located within the initial Mandibula Zone conceptual open pit.
  2. Assay results from new Channels 6 to 12 and the extension of Channel 3 (from 0 to 54 meters) were completed after June 2005. These channels represent infill and extensions to the previous sampling, along with the most recent sampling to the southeast.

Significant results from both stages of the Mandibula channel sampling program follow:

Line Zone From
(m)		 To
(m)		 Width (m) Gold Grade
(g/t)
Channel 1 Mandibula 0 2 2 1.2
Channel 2 Mandibula 0 9.2 9.2 5.8
including 6.85 9.2 2.35 17.3
Channel 2A Mandibula 0 16.7 16.7 11.9
including 10.7 12.7 2 56.2
Channel 3 Mandibula 4 8 4 1.0
and 10 16 6 0.9
and 18 24 6 1.3
and 38 40 2 1.1
and 58 68 10 2.0
including 64 66 2 4.4
and 74 76 2 1.4
Channel 4 Mandibula 6 32 26 1.0
Channel 5 Mandibula 0 4 4 1.1
and 6 10 4 2.2
and 24 58 34 2.3
including 34 36 2 5.6
Including 42 46 4 3.5
Channel 6 Mandibula 22 30 8 1.3
and 32 57.5 25.5 1.9
including 38 40 2 3.2
including 52 56 4 3.8
Channel 7 Mandibula 4 6 2 1.1
and 8 28 20 3.9
including 14 16 2 12.1
including 20 24 4 8.3
Channel 8 Mandibula 8 12 4 1.1
and 26 44 18 1.1
and 50 56 6 0.9
and 58 62 4 1.0
Channel 9 Mandibula 2 11.6 9.6 2.7
including 10 11.6 1.6 8.0
and 13.2 23.2 10 0.7
and 27.2 51.2 24 1.5
including 33.2 35.2 2 3.3
including 39.2 41.2 2 2.0
including 47.2 49.2 2 2.6
Channel 10 Mandibula 0 30 30 1.4
including 12 14 2 2.9
including 16 18 2 3.7
including 24 26 2 2.2
Channel 11 Mandibula 14 40 26 2.6
including 16 20 4 4.8
including 24 26 2 4.5
and 42 59 17 1.5
including 50 52 2 3.2
and 63 65 2 1.4
and 71 75 4 3.6
Channel 12 Mandibula 0 38 38 1.4
including 16 18 2 2.8
including 20 24 4 2.4
including 30 32 2 2.7
and 42 52 10 1.3
including 46 48 2 2.0

The channel sample results presented above compare favourably with three RC drill holes in the Mandibula Zone. Hole LCP-134 relates to Channel 5, hole LCP-135 relates to Channel 11, and hole LCP-136 relates to Channel 7. These holes were previously reported as three meter intervals. Re-assays as one meter intervals to better delineate the mineralization are shown below, together with the original three meter composite results:

Drill Hole Zone From
(m)		 To (m) Width
(m)		 Gold Grade
(g/t)
LCP-134 Mandibula
Original 3 m composite 0 57 57 1.8
including 27 36 9 3.0
63 69 6 1.1
New 1 m re-sampling 0 35 35 2.0
and 45 49 4 2.9
and 51 52 1 2.9
and 54 56 2 0.9
and 63 68 5 1.2
LCP-135 Mandibula
Original 3 m composite 0 54 54 1.1
and 57 60 (EOH*) 3 1.0
New 1 m re-sampling 0 40 40 1.3
and 45 54 9 1.3
and 58 60 (EOH*) 2 1.3
LCP-136 Mandibula
Original 3 m composite 0 18 18 12.1
including 3 6 3 55.0
New 1 m re-sampling 0 16 16 22.3
including 1 8 7 48.3
including 4 5 1 298.5

* EOH = end of RC drill hole

La Mandibula - Resource Drilling

Drill Hole Zone From
(m)		 To
(m)		 Width
(m)		 Gold Grade
(g/t)
LCD-36 Mandibula 11.0 14.0 3.0 0.9
44.0 47.0 3.0 0.5
57.0 59.0 2.0 0.6
62.0 66.4 4.4 0.7
70.0 72.0 2.0 0.6
LCD-38 Mandibula 51.0 58.0 7.0 0.9
59.5 65.0 5.5 0.6
71.0 87.0 16.0 1.3
LCD-39 Mandibula 34.3 47.0 12.7 1.6
75.0 78.0 3.0 1.0
LCD-46 Mandibula 4.0 9.0 5.0 1.6
13.0 15.0 2.0 1.5
20.0 25.0 5.0 0.8
LCD-47 Mandibula 7.0 12.0 5.0 1.3
including 10.0 11.0 1.0 3.2
18.0 29.5 11.5 0.9
LCD-48 Mandibula 5.0 10.0 5.0 1.1
30.0 31.0 1.0 3.7
LCP-131 Mandibula no significant results
LCP-132 Mandibula 12.0 18.0 6.0 0.6*
33.0 39.0 6.0 0.6*
Mandibula Deposit AMEX : XRA TSX Venture : XRC FRANKFURT : EXB