Rio Cristal Resources Corp. (TSX-V: RCZ) has announced that AMEC has completed a NI 43-101 technical report for its Charlotte Bongara zinc project in Peru. AMEC had previously prepared a report for the project in 2007. Highlights from the exploration included:
Hole CR-11-08 intersected 8.59 meters of oxide mineralization grading 22.73% Zn
Hole CR-03-08 intersected 4 meters grading 23.66% Zn.
Through mapping, sampling and diamond drilling, the report shows that there are at least 2 main mineral exploration targets. AMEC's report recommended a 2 phase exploration program with a $2.5 million budget. The phases would be independent, thus allowing it to be completed in tandem.
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Rio Cristal Resources is a Canadian corporation focused on the discovery and development of zinc, gold and copper mineral deposits in Peru. In addition to the Charlotte Bongara property, the Company also controls the 2,543 hectare Condor gold-silver-base metals prospect located approximately 375 km south of Lima, Peru.
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