Following positive early sampling results,
Goldeye, which optioned the property in January, plans to build an access road into the property in May. Once there is access for equipment, the company will drive a 3-by-3-metre drift along the Sonia vein for detailed sampling.
Goldeye also plans to carry out soil geochemistry and a spectral induced-polarization survey over the zone, which is a low-sulphidation epithermal gold occurrence in quartz-feldspar porphyry dykes. The host rocks show clay alteration and silicification.
Surface samples by the previous operator showed 7.8 grams gold and 218 grams silver per tonne across a 5-metre width and 0.7 gram gold and 284 grams silver per tonne across 11 metres. The vein has been traced for a strike length of about 175 metres, and mineralized boulders similar to the Sonia zone have been found in scree as far as 1 km to the south.
Sonia, about 150 km northeast of Santiago, is a 37-sq.-km property near the Argentine border optioned from privately held Olympus Exploration. Under the option, which also covers the nearby, 6-sq.-km Puma property, Goldeye can earn a 50% interest for $10,000 cash, 100,000 shares, and a commitment to spend $100,000 on work by the end of June 2006. It can increase its interest to 100% by spending a further $500,000 and making a cash payment of $250,000 (or issuing the equivalent in shares) by the end of June 2008.
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