Six holes were drilled at the southern end of the main Carmen and Cob structures and six holes were drilled on three new targets within 2km of the main Carmen deposit: La Verde, Veta Norte and Estructura 0409.
The company said that the most southerly of the three holes drilled at the new La Verde target intercepted 6m of 85g/t silver approximately 60m below surface.
In-fill drill results at Carmen are in line with expectations and core drilling is now underway to target deeper portions of the main Carmen structure to test for high grade gold-silver mineralization that could be mined underground.
A three hole program was completed on the La Verde structure to test the silver mineralization identified in surface sampling in 2010.
A 6m interval averaging 85.3 g/t of silver was returned from drill hole MTR-464.
The two reverse circulation holes (MTR-467 and MTR-470) drilled on sections 25 and 27, at the southern end of the current mineral resource model, intercepted 6m of 0.45g/t gold and 107g/t silver and 10m of 2.18g/t gold and 98g/t silver, respectively.
