Assay results from the Paula Andrea and Goleta prospects, both of which are within a few kilometres of the planned Don Nicolas infrastructure, showed grades from 3.54 g/t up to 20.8 g/t.
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Minera IRL Limited together with its subsidiaries (the "Group") is a Latin American precious metals mining, development and exploration company. Managed by a team of experienced mining executives, the Group's business was privately funded from inception in 2000 until listing on the London AIM Market in April 2007. Minera IRL Limited is currently quoted on the Toronto Stock Exchange (TSX:IRL), AIM London (AIM:MIRL) and the BVL, Lima, Peru (BVL:MIRL) stock exchanges.
In Peru, the Group operates the Corihuarmi Gold Mine and will complete a Feasibility Study for its Ollachea Gold Project in Q4 2012. In Santa Cruz, Argentina, the Group has received the EIA and construction permit for its Don Nicolas Gold Project in Patagonia, commissioning is planned for late 2013/early 2014.