Petaquilla Minerals Ltd. (OTC:PTQMF) has reported significant gold mineralization findings from a surface rock chip sampling taken from its Oro Del Norte concession. The first phase of the exploration field program included detailed mapping, soil sampling, and rock chip sampling on the concession during the first quarter of 2009. The concession sits at 22km northeast of the Molejon gold processing plant.
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Petaquilla Minerals is engaged in the acquisition, exploration, and exploration management of mineral properties. The company is primarily focused on the exploration of its Molejon gold deposit in the Republic of Panama. It acquired significant properties in Canada in May 2009, although no exploration activity has been conducted.
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