Recent High-Grade Precious Metals Discoveries

July 13, 2009



Our most recent high-grade precious metals discoveries were all in North America including US Gold's (UXG) recent find at its El Gallo, Mexico mine. The company reported a significant expansion of the mineralization zone to both the northwest and southeast and up to about 270 grams of silver per ton over 179 feet.

Last week, Gold Resource Corp (GORO) announced that it has intercepted 21.7 grams of gold per ton over .75 meters as well as 2,920 grams of silver per ton at its La Arista Deposit. One of three high-grade gold and silver deposits, La Arista is located at the company's El Aguila mine in Oaxaca, Mexico.

West Timmins Mining, Inc (WTMNF) announced that it intersected 11.15 grams of gold per ton over 7.3 meters at its Golden River North Zone. The intersection follows similar results reported 2 months ago at the company's 100% owned, 114 sq. km Thorne property in Timmins, Ontario.

On June 30, Anglo Swiss Resources (ASWRF) reported high-grade gold assay results from its Kenville Gold mine. The results showed about one-third of gold assays above 100 grams of gold per ton with the highest measuring at an astonishing 319.3 grams per ton in the North Yule vein. The property is located on over 1,000 acres in southeast British Columbia.


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