Network Exploration Ready To Start Mining La Blanca
May 13, 2009 (FinancialWire) — Network Exploration Ltd. (TSX Venture: NET) announced it will commence an extensive underground drifting program below the gold-bearing La Blanca mine at the company’s Caldera property in northern Chile.
Surrounded by over 150 gold workings, and three abandoned gold mines, the LaBlanca mine, the largest of the historical mines on the property, is located in the southwest corner of the property in an elliptical stockwork several hundred meters southwest of the exposed contact of the intrusive complex which hosts the copper mineralization recently drilled by Network.
The LaBlanca mine is a series of underground workings totaling approximately 200 meters beneath the surface of a 100 meter x 300 meter silica breccia stockwork in a quartz-sericite altered andesite. The LaBlanca mine is located on the east side of Caldera Mountain and is a strike extension of the northeast trending structure that hosts the gold placer workings located centrally to the intrusive complex.
Network’s management will evaluate progress and results during the entire 60-90 day Phase 1 program.
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