ANILLO PROJECT
The Anillo property was also acquired as part of the acquisition of Fortune Valley Resources. The property is located approximately 125 km east of
Antofagasta in
Northern Chile and 15 kilometers north of the El Peñon mine operated by Yamana Gold Inc.
Historical work on the property includes surface mapping, geophysics, drilling and trenching by Utah Minerals, BHP Billiton, Normandy Mining and Codelco. Drilling by Utah Minerals intersected several encouraging zones of anomalous gold mineralization. Data from this past work has been complied and highlights several anomalous vein zones at surface that merit immediate follow up.
OMI intends to target epithermal Au-Ag mineralization similar to that encountered next door at the El Peñon mine. A surface mapping and sampling program is planned for over favorable host rocks and mapped vein occurrences are planned to commence in Q4F2009 with drilling anticipated to follow later in the 2010 calendar year.
 Click here for larger version
|