Andresmin Announces Winicocha Drilling Progress Report.LIMA Lima, city, Peru Lima (lē`mə, Span. lē`mä), city (1990 metropolitan area est. pop. 6,400,000), W Peru, capital and largest city of Peru. Its port is Callao. , Peru -- Andresmin Gold Corporation ("Andresmin" or the "Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADGD) is pleased to announce that the Winicocha diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral program is progressing on schedule with five drill holes completed to date for 1670m. The drill program is testing several induced polarisation geophysical anomalies and the depth extent and character of surface geochemical anomalies. The Company expects the final five drill holes of the Phase I drill program to be completed over the next six to seven weeks. Results will be released at the completion of drilling and final assays. The Company is pleased to note that BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. Ltd. today announced the resumption of mining activities at their Tintaya mine, located 50 kilometers south-east of Winicocha. Mining activities had been shut down for the past four weeks due to community protests. About Andresmin Gold Corporation Andresmin is committed to building shareholder value through the acquisition, exploration, and development of high quality mineral projects in the prime Central Andes region of South America, which annually produces 42% of the world's copper (over $18 billion each year). The Company has an impressive property portfolio with ten projects of merit encompassing 16,400 hectares of strategically located and highly prospective ground. The Winicocha copper-gold project in southern Peru is Andresmin's flagship project. Exploration is ongoing on all projects. Andresmin trades under the symbol ADGD on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on over-the-counter bulletin board. This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933 as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, Andresmin's analysis of opportunities in the acquisition and development of various project interests, and certain other matters. These statements are made under the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1955 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. |
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