The La Yegua Project situated in the Department of Apurimac is prospective for bulk-tonnage, disseminated copper-molybdenum-gold mineralization, as well as higher grade gold-copper deposits within structural zones peripheral to the porphyry-style mineralization.
La Yegua is situated about 100 km southwest of the city of Cusco and about 250 km from the Pacific Coast. Access to the property is by paved highway from Cusco to Nasca, and then by a well-maintained dirt road that traverses the eastern edge of the claim block.
La Yegua lies within the northwestern portion of the Andahuaylas-Yauri Belt, which stretches across much of southern Peru. This highly prospective belt hosts numerous porphyry and skarn deposits, including Xstrata's Tintaya copper mine and its Las Bambas deposit, where 2006 drilling boosted indicated and inferred resources to 508 million tonnes of 1.14% copper, plus associated molybdenum and gold. La Yegua lies just 20 kilometres northeast of Southern Copper Corp.'s Los Chancas deposit, which is reported to contain 200 million tonnes grading 1.0% copper, 0.07% moly and 0.12 g/t gold.
Bear Creek's initial sampling program at La Yegua confirmed anomalous copper and molybdenum in rock samples within a zone measuring two kilometres long, open to the east and south. Gold values between 0.3 g/t and 5.32 g/t, together with copper values ranging from 0.3% to 5.98%, were returned from sampling of an area peripheral to the main copper-molybdenum porphyry zone. Initial drilling is planned to test priority targets under extensive but shallow cover.
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