This company is flying under the radar screen and drilling on 2 of its Peru properties as we speak....La estrella is looking very interesting and here is a piece from the last PR.......
Since May 2007, Canadian Shield has worked to infill geophysical surveys, and augment detailed geologic mapping and surface sampling to help refine the geologic understanding and controls to the mineralization. Surface sampling by Canadian Shield and Bear Creek have returned gold grades up to 55 and 464 grams per tonne respectively in two sample locations 80 metres apart along strike within a north trending structural zone. Soil sampling 200 meters to the south, across the same north trending zone returned highly anomalous gold values from 6 continuous samples on 20 metre intervals, a 100 metre wide zone averaging 0.9 grams per tonne gold. Sample values across this zone range from 0.532 to 1.735 grams per tonne gold. This high-grade zone was not tested by the Bear Creek drilling and is much of the focus of the present drilling program. Past drilling tested only a fraction of the overall system and the property offers three distinct target possibilities: (i) low grade bulk mineable gold-silver +/- copper; (ii) high grade structurally controlled gold; and (iii) high grade silver-copper mineralization.
"We have a number of possibilities that could materialize for us at La Estrella. The surface morphology in the mineralized area is such that open pit mining of the lower grade mineralization could be viable and there is obvious high-grade mineralization that we could work towards delineating should that emerge as the primary target. These are encouraging factors to be dealing with at this early stage of exploration", said Phil Anderson, VP Exploration for Canadian Shield Resources.
