Minera IRL Limited TSX:IRL announced results from the Minapampa East Zone of its Ollachea Project in Peru. Assays include 2.79 g/t gold over 18 metres (including 4.6 g/t over 6 metres), 3.88 g/t over 8 metres, 3.91 g/t over 5 metres, 4.02 g/t over 15 metres, 5.28 g/t over 9 metres, 6.04 g/t over 5 metres, 2.67 g/t over 8 metres, 8.62 g/t over 3.6 metres, 4.04 g/t over 15 metres, 10.5 g/t over 11 metres and 20.7 g/t over 7 metres.
Executive Chairman Courtney Chamberlain stated, “We are very pleased with the results of the infill drilling at Minapampa East, with a number of the new intersections easily the best thus far obtained from this zone. Our objective is to convert a significant amount of the 200,000 plus ounces of inferred resource reported in late 2010 from Minapampa East into the indicated category. This better defined resource can then be included in the prefeasibility study scheduled for completion by mid-year.”
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by Ted Niles