During late 2010, a trenching program consisting of 24 trenches was carried out at the Veta Minitas deposit located 250m west of the main Carmen deposit.

A total of 595 samples were collected and analysed for gold, silver and other elements.

The purpose of the program was to define the structural controls on mineralization previously intersected in drill holes and to determine if mineralization encountered in drill holes could be traced to surface.

In addition, areas outside the proposed pit were excavated and sampled with the objective of increasing mineral resources as well as providing information to guide future exploration.

Trenches were located on section lines used for the drilling grid spaced on 25m spacing, oriented 45 degrees, approximately perpendicular to the mineralized structures.

The results of mapping and sampling indicate two semi-parallel zones of mineralization separated by a corridor of weak to anomalous mineralization.

The company said that earlier drilling at Veta Minitas has shown the presence of high grade gold-silver mineralization within the corridor at depth.