Gold, Silver and Mineral Exploration
Focused on exploration and advancement of mineral projects primarily in Mexico and Peru
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MacMillan Gold Corp. > Message
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Developing Aguila

Posted by: venturous on June 10, 2008 04:16PM

I am looking a little deeper into our current status in Peru. Right now we have one drill and are sourcing a second drill to double our efforts. The B permit allows an extension of drilling, but it would be nice have Peru accept the C permit soon (once the conditions are met). To generate interest in the property outside of marketing, the impending merger and a website for Duran, proving up an 'indication' of mineralization of say around 300,000,000 tonnes (plus potential), would likely bring enough interest to start some form of property buy out proceedings. Without taking the whole deposit to reserve status, an indication of CU mineralization at Aguilla might take 15-20 more holes to depth. The reason I say 15-20 more holes is because I imagine that you could take cross drilling of the bounds of the resource box (each side) and then take from one corner of the property to another (similar to what it looks like Cary is doing with Hole 6) repeated about 3 more times (one for each corner). Then taking the same drill at the midpoint of each side of the box until you've minimized the amount of unknown mineralization in the cube you've sampled. So, 15-20 might make a good indication. JMHO.

Proving up 300,000,000 tonnes at .6-.8% Cu (without Mo) would certainly bring $8-$10 at $3.6/lb Cu and 75,000,000 shares.

ven.

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Executive Address
Mmg-brown-ea
George Brown
CEO
April 07, 2008

Mr. Brown comments on the recently announced business combination with Duran Ventures

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