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Message: Re: La Yesca Question
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May 07, 2010 11:09AM

AGORACOM
May 07, 2010 11:16AM
4
May 07, 2010 11:23AM

From Jan 25 th NR

"Proceeds will be dedicated to the upgrading of the La Yesca gold and sliver tailings processing facility located in Nayarit, Mexico. These funds will facilitate the installation of a required ball mill and final construction of the already permitted tailings facility as well as changes to the process. The estimated time of the construction phase of the La Yesca mill is four months with test production being planned to begin in month three. The company intends to run the mill at a throughput rate of 220 tonnes per day with between four to five years of production tailings available.

In conjunction with the mill being placed into production, an exploration plan is being developed for the Xora claim which will be based on the 43-101-compliant results reported on numerous vein structures within the Xora claim group (see March 17, 2009, press release in Stockwatch). Some highlights from that sampling program included gold consistently between 0.25 gram per tonne (g/t) to 0.8 g/t with highs of four g/t to seven g/t while silver showed a range of 250 g/t to 600 g/t with highs of 980 g/t to 1,900 g/t. No known diamond drilling has occurred on any of the aforementioned vein structures, which are open at depth and on strike. Logistics and geophysical programs are presently being planned for the impending drill program on the Xora claim. "

I know we are all getting anxious to hear more...but based on this NR Jan 25th...we are probably into doing some testing...so if we allow a little slack let's say an extra 30 days for things that might be delayed which usually are...my guess is we may see some production by June...it would be nice to have an update...but I am geared to mid or late June ...but that is just one person's opinion.

I think what might be equally exciting is to do some exploration drilling on Xora...which may also happen this summer or sooner.

I picked up a few more shares last week. Just holding for the long term

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