Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated drilling at the San Pedro property in Michoacán, Mexico. Amarium has been engaged in exploration of the San Pedro Mine since mid-February, conducting trenching activity and soil sampling throughout the property.
The drill program has planned for the completion of 20 drill holes, which will be primarily concentrated along the Southern region.
“We are pleased to inform shareholders that we have initiated drilling at the San Pedro Mine along the Southern region of the property, as our recent trenching program exposed substantial mineralization in this area”, said Adam Carter, the President & CEO of Amarium. “While we continue to produce from both Jovita and San Pedro, it has always been our assertion that the greatest value for shareholders is in proving up the sizable copper resource on both properties.”
The San Pedro Mine is a producing copper mine that also recently expanded its existing flotation mill’s capacity to 200 tons per day.
Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company’s asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.
For additional information, please visit: http://www.amariumminerals.com