🕐24.11.09 - 04:39 Uhr

Laguna Resources [ASX: LRC] - Drilling commenced at Arqueros Gold Project, Chile



Fortbridge Media Release
MEDIA DISTRIBUTION BY



Laguna Resources [ASX: LRC] - Drilling commenced at Arqueros Gold Project, Chile

Laguna Resources (ASX: LRC) has commenced drilling at the Arqueros Gold Project, in the northern sector of the World Class Maricunga Gold Belt in the Atacama Region of northern Chile.

A drilling rig has mobilised to site and started on the first hole in the first phase of a 10,000 metre campaign.

The focus of the drilling programme will be on further extending the existing resource base as well as testing the poorly defined high grade gold bearing structures.

Highlights:

* JORC Inferred Resource of 783,000 ounces of gold equivalent at 1.5 g/t gold equivalent.

(0.5 g/t gold equivalent cut off grade) announced on 4 November 2009.
* High grade gold targets identified and 10,000 metre drilling programme commenced.
* Drilling focussed on increasing the size and overall grade of the resource base.

Please find details in the attachment.

For further information, please contact:

Nick Lindsay
Managing Director
E-mail:
Tel: +61 8 9200 6280

Media:
Fortbridge +612 9331 0655
Bill Kemmery +61 400 122 449



Fortbridge.NET is a specialist web-based service for clients ("Issuer") of Fortbridge Consulting Pty Ltd.

For all enquiries related to this announcement or any attachments, please contact the Issuer directly on the contact details provided.

DISCLAIMER: The message and attachment issued with this email may contain "forward-looking statements", which are projections that reflect the Issuer`s reasonable beliefs based on information currently available.

Although they may have been approved by qualified persons to be announced in this manner, such statements are subject to various risks and uncertainties that could cause actual results and future events to differ materially from projections expressed or implied by the Issuer.

Therefore, readers are cautioned that "forward-looking statements" are not guarantees of future performance or achievements.

Readers are also encouraged to take notice of any further disclaimers or compliance statements that may be included at the end of each announcement attached, especially those specific to different stock exchanges and their jurisdictions.

Fortbridge is a Public Relations consultancy.

The shareholders in Fortbridge may also be shareholders either directly or indirectly in the companies Fortbridge represents.

PRIVACY: You have been regarded as a relevant contact through research.

If you believe there is another member of your organization who would make better use of announcements like this, please reply to this e-mail and let us know.

If you simply wish to be excluded from our distribution list with no substitute, reply to this e-mail with the subject "Please Remove Me".

Please consider the environment before printing this document.




Products & Services | Jobs