International Gold Resources News on Amapa Property.SEATTLE -- International Gold Resources Inc. ("IGR IGR insect growth regulator. ") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IGRU) is pleased to announce that work has commenced on its Porto Grange project in Amapa State, Brazil. IGR Porto Grange claims block encompasses 55,000 hectares (135,000 acres) within the Vila Nova- Serra do Navio Serra do Navio is a municipality located in the center of the state of Amapá in Brazil. Its population is 3,724 and its area is 7,757 km². greenstones of Paleo-Proterozoic age in the southeast part of the Guiana Shield The Guiana[1] Shield (Spanish: Guayana) is one of the three cratons of the South American Plate. It is a 1.7 billion year old Precambrian geological formation in northeast South America that forms a portion of the northern coast. . This assemblage of the sedimentary, exhalative, and intrusive rock, is common with similar belts elsewhere in the Guiana Shield of Brazil, the Guainas, and Venezuela. These local greenstones historically have contained significant gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. : in the Serra do Navio area, other mine companies include GoldCorp's Amapari Mine, with production plus reserves of 1.6 million oz, and the Santa Maria Mine currently being explored by Eldorado Gold. A world-class manganese deposit and significant chromite chromite (krō`mīt), dark brown to black mineral. It is an iron-chromium oxide, FeCr2O4, with traces of magnesium and aluminum. deposits also occur within the belt. IGR's contiguous claim block within the greenstone belt is midway between the Amapari and Santa Maria Mines. The existence of an east-west-trending regional "break" through the claim block is suspected and if confirmed, could have important metallogenic implications. IGR have commenced a comprehensive program of geological, geochemical and geophysical assessment of the gold potential within the claim block. The claim block is bisected by a road, and by the still-operative railroad, which served the former manganese mine. About International Gold Resources, Inc. The vision of International Gold Resources Inc. is to secure, explore, and develop properties in Brazil, and in the Yukon Territories, Canada. We are a junior mining company, with both immediate and future production potential. The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the 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 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. |
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