VANCOUVER (Scrap Monster): Canada based Latin American Minerals, Inc. (TSX.V: LAT, OTC.QX: LATNF) has extended northward trenching and drilling in the Discovery Trend at its Paso Yobai gold project in Paraguay.
The company encountered positive gold results at the Discovery Trend, which has gold-mineralizion across 60km² of the Paso Yobai property.
It is delineated by a soil anomaly 6km long and 200m wide, with gold values ranging from 76 to 1065ppb.
The company excavated six trenches of 10m depth, distributed over 1000m of the northern arm target after collecting several samples that indicated elevated gold values ranging from 20 to 957ppb.
“The new results from the Discovery Trend program significantly expanded the near-surface gold mineralization northward from the Independencia Mine open pit, said Miles Rideout, President and CEO of Latin American Minerals.
"These data will be used to plan northward pit extensions for bulk testing and to schedule further exploration northward to cover the entire Discovery Trend. We are also working in two other exploration areas of the project. The Paso Yobai epithermal gold system has an impressive footprint and it continues to grow as we explore," he added.
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