Genesis commences Argentine drilling

THE DRILL SERGEANT: Genesis Minerals (ASX: GMD) has commenced drilling at the company’s Las Opeñas precious and base-metal epithermal project located in the pre-cordillera of San Juan Province, Argentina.

The 2,400 metre Phase 2 drill program will test the main zone of extensive surface gold and base metal mineralisation, coincident with a breccia system and Induced Polarisation features.

 

Source: Company announcement

 

The company said it expects drilling to be completed in the first half of July with first results anticipated in late July.

Early in 2014 Genesis renegotiated the Las Opeñas agreement with Teck Argentina Ltd.

Genesis will complete a minimum of 2,400m of drilling at Las Opeñas by September 30, 2014.

During this period Genesis will retain its 100 per cent interest in the project while Teck will retain its right to earn-back in to the project.

Email: info@genesisminerals.com.au

Website: www.genesisminerals.com.au