Interim Drill Results of Gold Intersections,
Stage 1 Delineation Drilling on Paso Yobai Discovery Trend
LAT Press Release May 25, 2011


Hole

Interval (metres)

Width (m)

Au (gpt)

Observation

DDH-49

66.30

66.87

0.57

1.615

 

66.87

67.85

0.98

6.89

 

66.87

67.85

0.98

31.2

duplicate assay, avg 19.05

67.85

68.35

0.50

41.3

 

68.35

68.85

0.50

6.43

 

Average over 2.55 metre interval: 17.03

 

68.85

69.35

0.50

0.234

 

69.35

70.00

0.65

0.129

 

83.36

83.86

0.50

0.309

 

83.36

83.86

0.50

0.156

duplicate assay

84.86

85.60

0.74

0.201

 

85.60

86.50

0.90

0.121

 

DDH-50

115.24

115.74

0.50

0.563

 

115.74

116.35

0.61

0.138

 

DDH-51

69.20

69.88

0.68

0.237

 

70.88

71.75

0.87

0.101

 

77.50

78.20

0.70

2.67

 

78.80

79.57

0.77

0.115

 

79.57

80.35

0.78

0.151

 

80.35

80.95

0.60

0.115

 

98.25

99.20

0.95

0.131

 

99.20

100.10

0.90

0.191

 

DDH-52

127.95

128.50

0.55

0.17

 

128.50

129.00

0.50

0.337

 

139.19

139.70

0.51

0.282

 

147.55

148.45

0.90

0.408

 

DDH-53

118.45

119.35

0.90

0.24

 

119.35

120.35

1.00

0.315

 

120.35

121.02

0.67

0.45

 

121.02

121.52

0.50

6.54

 

121.02

121.52

0.50

27.5

VG, duplicate assay, avg 17.02

121.02

121.52

0.50

6.29

VG-screen assay (on same interval)

DDH-54

67.55

68.05

0.50

37.6

 

68.05

68.55

0.50

0.195

 

69.10

69.80

0.70

0.101

 

71.85

72.80

0.95

0.171

 

74.60

75.17

0.57

0.589

 

76.80

77.30

0.50

1.42

 

77.3

77.8

0.50

2.13

VG - screen assay

77.80

78.30

0.50

1.225

 

78.90

79.50

0.60

0.152

 

82.95

83.80

0.85

0.165

 

86.67

87.65

0.98

0.199

 

87.65

88.6

0.95

0.122

 

DDH-55

123.60

124.10

0.50

0.145

 

DDH-56

73.60

74.20

0.60

0.132

 

74.20

74.70

0.50

0.157

 

74.70

75.20

0.50

0.119

 

80.31

81.35

1.04

6.49

 

81.35

81.95

0.60

1.815

 

82.50

83.00

0.50

0.642

 

93.00

94.00

1.00

0.145

 

94.00

95.25

1.25

0.389

 

DDH-58

51.95

52.45

0.50

0.449

 

69.75

70.25

0.50

0.838

 

71.20

71.70

0.50

0.405

 

71.70

72.10

0.40

0.623

 

80.95

81.95

1.00

0.929

 

83.10

83.90

0.80

2.52

VG - screen assay

85.05

85.55

0.50

18.85

VG - screen assay

Sample analysis by fire assay unless otherwise specified, VG - visible gold

 

Sampling and Analytical Protocols:
The sampling and analytical protocols were established, implemented and supervised by or under the direction of Dr. Waldo Perez, the Company's internal Qualified Person as defined by National Instrument 43-101. At the drill site, the core was placed in core boxes and delivered to a secure field core processing center. The core was "split" using a diamond saw by experienced exploration technicians and logged by professional geologists. The typically sample interval was 1m and locally the interval was increased to 2m or decreased to 0.5m. The sample interval was designated by the project geologists. Half of the core was left in the core box as a permanent reference of the interval sampled and half of the designated sample interval was delivered to the Company's sample preparation facility, operated by Company technicians under the direct onsite supervision and QA/QC provided by professionals from ALS CHEMEX Laboratories (ALS). ALS is a certified laboratory with facilities in Santiago, Chile. The core samples were crushed, dried and split. A portion of the split sample was tagged and archived as coarse reject and the remaining portion ground to minus 200 mesh and shipped by bonded courier to ALS laboratories in La Serena, Chile. All samples were assayed for gold and multi-elements by ICP. Gold was analyzed by Fire Assay with AA finish using 50 gram sample. For the multi-elements the samples were dissolved in Aqua Regia at 120 degrees C and read in ICP-OES. Accuracy of results is tested through the systematic inclusion of blanks, duplicates and certified reference standards. Metallic screen assay analysis was employed in the cases where coarse visible gold was observed.



The image below is a composite of the trench (upper image) and drill (lower image) results to date over the central Discovery Zone on the Discovery Trend