The geological team contracted by Clavo Rico to
conduct the survey of the concession has completed the initial phase of their
work. After spending a week on-site, they have taken samples from various areas
throughout the concession, and sent the samples from previous drilling programs
to a lab equipped to conduct the necessary tests in Guatemala City, Guatemala.
Using the lab space in Guatemala saves us several weeks of customs and shipping
procedures, and we look forward to learning whether the samples are sufficient
to prepare an NI 43-101, or if additional drilling will be required.
The two photos below
are of the drill samples currently being tested in Guatemala.