click here for a company introduction by SAMEX CEO Jeff Dahl

 

Results of the phase-one drilling and trenching program within Exploration Areas I, II and III, have identified multiple targets related to several large porphyry copper-gold mineralizing centers underlying the property.  Our testing of these targets is at an early stage and our work thus far has been focused on only three of the seven Exploration Areas that have been identified to-date. Robert Kell V.P. Exploration and Director

Camp Los Zorros, Chile

Los Zorros Exploration Area III hosts high grade gold

Phase I Drilling Los Zorros EST

For More Los Zorros info visit our Web site at :

http://www.samex.com/Coreshack/Chile/L-Z/LOS-Z-index.html

The Los Zorros project contains numerous large-sized copper-gold and gold-silver-copper targets on a single property holding and thus represents a very important, strategic opportunity for the Company. 

The prospect is geologically well-situated within the highly prospective mining belt that contains the copper-gold ore bodies of the Punta del Cobre District (150 million cumulative tonnes with an average grade of 1.5% copper, 0.2 to 0.6 g/t gold, 2 - 8 g/t silver), the large Candelaria mine (460 million tonnes containing 0.82% copper, 0.22 g/t gold, 3.1 g/t silver), the large, mined-out Chanarcillo silver deposit (+100 million ounces of silver), plus many smaller copper-gold and gold ore bodies which still locally support mining operations. 

 Infrastructure for large mining activity is readily available in the area with power, transportation, water, communications and manpower all within advantageously close distances

Los Zorros project divided into VII seperate exploration Areas

Highlights  Area I :

Based on the large areal dimensions of the copper-gold-moly anomaly, the target is permissive for a very sizeable deposit postulated to be in the size and grade range of  +250 million metric tons with +0.65% copper and 0.25 grams/mt gold.

Highlights  Area III:

The target size of the concentrated areas of copper sulfide veins and veinlets in altered diorite could amount to +150 million metric tons perhaps with an average grade of +0.75 to 1% Cu, +0.5 g/mt gold, and +6 g/mt silver

For a detailed description of these cross sections (Target Nora) see News release Sept 9

Camp Los Zorros, Chile

High Grade Gold found in Exploration Area III, Los Zorros, Chile.

Details can be found in Press release -click here-

In preparation for the next phase of exploration and drilling, SAMEX is currently compiling, evaluating and interpreting the vast amount of data gleaned from trenching and drilling completed over the past year.

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