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Cours Or & Argent

Southern Andes Energy Inc.

Publié le 17 novembre 2008

Reports Complete Drill Results at the Sayana Central Target, Macusani East Uranium Project, Pe

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Solex Reports Complete Drill Results at the Sayana Central Target, Macusani East Uranium Project, Peru

   

-Strong results and continuity of mineralization confirmed-

 

VANCOUVER, Nov. 17 - Solex Resources Corp. (TSX-V: SOX) ("Solex" or the "Company"), today announced the complete drill results from the Sayana Central near-surface uranium target at the Macusani East Project in Peru. The Macusani East Project is joint-ventured with Eldorado and contains 53 known uranium anomalies across 43,320 hectares.

   

In total, 86 holes for an aggregate 8,172 metres were drilled on the Sayana Central target during 2007 and 2008; 66 holes were drilled in 2007 on structurally controlled radiometric anomalies, six holes were drilled in 2007 as part of a twinning program and seven in-fill holes were drilled in 2008. Of this program, only holes SY07-01 to SY07-24 have been reported (Press release dated November 14th, 2007) by the Operator, Frontier Pacific, prior to their acquisition by Eldorado in July 2008.

    

"The results demonstrate continuity of mineralisation over a wide area and therefore positions the Sayana Central anomaly as a top priority target for the Company," said Jonathan Challis, President and CEO of Solex Resources. "With these results, we expect to be able to complete an inferred resources N43-101 technical report and in the upcoming year to try expanding its size with additional drilling."

   

To date, drilling has covered an area of approximately 800 metres by 400 metres with the anomaly still open on strike according to the radiometric survey. The results demonstrate continuity of mineralisation along both the North/South and Southwest/Northeast trending radiometric anomalies. The highlights are as follows:

 
    Sayana Central: North/South trending radiometric anomaly
    (Previously reported November 14, 2007)
 
    9.2m @ 2.16 lbs/ton (0.108%) U(3)O(8)      (in drill hole SY07-19)
    2m @ 5.97 lbs/ton (0.299%) U(3)O(8)        (in drill hole SY07-20)
    4m @ 2.6 lbs/ton (0.130%) U(3)O(8)         (in drill hole SY07-08)
    1m @ 11.5 lbs/ton (0.575%) U(3)O(8)        (in drill hole SY07-14)
    1m @ 6.9 lbs/ton (0.345%) U(3)O(8)         (in drill hole SY07-06)
    1m @ 8.5 lbs/ton (0.425%) U(3)O(8)         (in drill hole SY07-16)
    1m @ 4.5 lbs/ton (0.225%) U(3)O(8)         (in drill hole SY07-17)
    1.9m @ 2.31 lbs/ton (0.112%) U(3)O(8)      (in drill hole SY07-18)
    1m @ 2.1 lbs/ton (0.105%) U(3)O(8)         (in drill hole SY07-05)
 
    Note: Assays reported here may slightly differ from the ones reported on
    the previous press release. In depth verifications and re-assaying have
    been performed to provide final numbers.
 
 
    Sayana Central:  Southwest/Northeast trending radiometric anomaly.
 
    2m @ 4.9 lbs/ton (0.243%) U(3)O(8)         (in drill hole SY07-54)
    1m @ 2.0 lbs/ton (0.098%) U(3)O(8)         (in drill hole SY07-42)
    2m @ 1.6 lbs/ton (0.077%) U(3)O(8)         (in drill hole SY07-51)
    2m @ 1.1 lbs/ton (0.054%) U(3)O(8)         (in drill hole SY07-31)
    6m @ 0.84 lbs/ton (0.042%) U(3)O(8)        (in drill hole SY07-64)
    1m @ 1.06 lbs/ton (0.053%) U(3)O(8)        (in drill hole SY07-67)
    6m @ 0.49 lbs/ton (0.025%) U(3)O(8)        (in drill hole SY07-67)
    1m @ 1.27 lbs/ton (0.064%) U(3)O(8)        (in drill hole SY07-73)
 
 
    Sayana Central:  Twinning program.
 
    5.7m @ 6.48 lbs/ton (0.324%) U(3)O(8)  (in drill hole SY07-81; twin
                                               of SY06-06 rep. May 17, 2006)
    7m @ 0.56 lbs/ton (0.028%) U(3)O(8)    (in drill hole SY07-82; twin
                                               of SY07-08)
    6m @ 2.48 lbs/ton (0.124%) U(3)O(8)    (in drill hole SY07-83; twin
                                               of SY07-10)
    2m @ 0.76 lbs/ton (0.038%) U(3)O(8)    (in drill hole SY07-83; twin
                                               of SY07-10)
    6m @ 0.74 lbs/ton (0.037%) U(3)O(8)    (in drill hole SY07-84; twin
                                                of SY07-14)
    3m @ 6.66 lbs/ton (0.33%) U(3)O(8)     (in drill hole SY07-85; twin
                                               of SY07-19)
    4m @ 0.42 lbs/ton (0.021%) U(3)O(8)    (in drill hole SY07-86; twin
                                               of SY07-20)
 
    Sayana Central: 2008 drilling.
 
    3m @ 0.95 lbs/ton (0.048%) U(3)O(8)        (in drill hole SY08-75)
    1m @ 0.85 lbs/ton (0.043%) U(3)O(8)        (in drill hole SY08-76)
    2m @ 0.71 lbs/ton (0.035%) U(3)O(8)        (in drill hole SY08-77)
    1m @ 0.64 lbs/ton (0.032%) U(3)O(8)        (in drill hole SY08-79)
    1m @ 0.88 lbs/ton (0.044%) U(3)O(8)        (in drill hole SY08-79)
    4m @ 0.33 lbs/ton (0.017%) U(3)O(8)        (in drill hole SY08-80)
    10m @ 0.57 lbs/ton (0.028%) U(3)O(8)       (in drill hole SY08-80)
 

The 73-hole drill program at Sayana Central was completed at the end of 2007. Sayana Central is one of the original seven targets that were drilled as part of the 2007, 20,000 metre drill program on the extensive Macusani East Uranium Project in Southern Peru.

   

Results from the first 24 drill holes, announced on Nov 14th 2007, targeted the North-South radiometric anomaly at Sayana Central, the following 49 holes targeted the Southwest/Northeast trending radiometric anomaly.

   

The results confirm that the uranium mineralization is restricted to sub-vertical fractures and appears as congealing fracture fillings related to cooling of the near-surface flows. Uranium mineralization found closer to the intersection of the North-South radiometric anomaly at Sayana Central occurs mainly as autonite and meta-autonite, some secondary uranium-bearing minerals, notably autonite and metaautonite. Drilling to date has tested approximately 30% of the radiometric anomaly, confirming the presence of a near-surface, flat lying ignimbrite uraniferous horizon.

   

The objective of the twinning program was to provide additional drill core for both the QA/QC program (earlier in the campaign drill core had not been retained) and secondly to supply materials for Metallurgical testing, final results from which remain outstanding although the test programme has been completed. The twinning program demonstrated a high degree of correlation between the holes originally drilled.

   

Solex was provided access to the Operators full database by Eldorado Gold Corp. on September 11, 2008 (see related news release). The Company retained an independent Qualified Person, Mr. Alain Vachon, P.Eng., Geologist, to review, evaluate and where necessary reconstruct the data base. He has visited the field and conducted testing and enquiry to his level of satisfaction to confirm and where necessary test the appropriateness and sufficiency of the QA/QC procedures performed by the Operator. Mr. Vachon has been actively involved in mineral exploration, mine development and mining operations in Peru and Canada throughout his career. Both Mr.Vachon and Jonathan Challis, FIMMM, are Qualified Persons under Canadian Securities Administrators National Instrument 43-101 policies and are responsible for the contents of this news release.

 

About Solex Resources Corp.

 

Solex Resources Corp. is the dominant landholder in southern Peru's Macusani Uranium District with concessions covering over 904 km2. NI 43-101 reports have recently been filed on both the Princesa silver, lead and zinc property and the Pilunani lead and zinc project.

 

The TSX Venture Exchange (the "Exchange") has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release. The Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

 

This news release may contain forward-looking statements that are based on Solex's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

 
   
    Drill results from the Sayana Central Prospect
 
    -------------------------------------------------------------------------
    Hole ID     From        To     Interval     U3O8        U3O8        U3O8
    -------------------------------------------------------------------------
                                                                     lbs/ton
                   m         m         m        ppm          %        (short)
    -------------------------------------------------------------------------
    SY07-01       10        16         6         70        0.007       0.140
    -------------------------------------------------------------------------
    SY07-02       18        21         3        113        0.011       0.226
    -------------------------------------------------------------------------
    SY07-03       63        64         1         55        0.006       0.110
    -------------------------------------------------------------------------
    SY07-04       14        16         2         76        0.008       0.153
    -------------------------------------------------------------------------
    SY07-05       12        15         3        750        0.075       1.500
    -------------------------------------------------------------------------
    SY07-05       27        30         3        431        0.043       0.862
    -------------------------------------------------------------------------
    SY07-05       36        37         1       1086        0.109       2.170
    -------------------------------------------------------------------------
    SY07-06        8        23        15        385        0.039       0.769
    -------------------------------------------------------------------------
    including     20        21         1       3427        0.343       6.854
    -------------------------------------------------------------------------
    SY07-07       58        59         1        248        0.025       0.500
    -------------------------------------------------------------------------
    SY07-08        1         5         4        670        0.067       1.300
    -------------------------------------------------------------------------
    SY07-08       17        22         5       1072        0.107       2.144
    -------------------------------------------------------------------------
    SY07-08       42        44         2        330        0.033       0.660
    -------------------------------------------------------------------------
    SY07-08       35        47        12        118        0.012       0.235
    -------------------------------------------------------------------------
    SY07-08       87        94         7        250        0.025       0.500
    -------------------------------------------------------------------------
    SY07-09        3         4         1        116        0.012       0.240
    -------------------------------------------------------------------------
    SY07-09       95        96         1        150        0.015       0.300
    -------------------------------------------------------------------------
    SY07-10       18        23         5        203        0.023       0.407
    -------------------------------------------------------------------------
    SY07-10       48        55         7        109        0.011       0.217
    -------------------------------------------------------------------------
    SY07-11       59        60         1         78        0.008       0.156
    -------------------------------------------------------------------------
    SY07-12       17        28        11        103        0.010       0.206
    -------------------------------------------------------------------------
    SY07-12       55        57         2        133        0.013       0.265
    -------------------------------------------------------------------------
    SY07-13       43        50         7        122        0.012       0.243
    -------------------------------------------------------------------------
    SY07-13       66        73         7        147        0.015       0.294
    -------------------------------------------------------------------------
    SY07-14       31        36         5       1289        0.129       2.578
    -------------------------------------------------------------------------
    including     33        34         1       5748        0.575      11.495
    -------------------------------------------------------------------------
    SY07-15        4         5         1        110        0.011       0.220
    -------------------------------------------------------------------------
    SY07-16       20        22         2       2253        0.225       4.506
    -------------------------------------------------------------------------
    including     20        21         1       4248        0.425       8.497
    -------------------------------------------------------------------------
    SY07-16       30        40        10        140        0.014       0.280
    -------------------------------------------------------------------------
    SY07-17      1.5         2       0.5       2094       0.2094       4.188
    -------------------------------------------------------------------------
    SY07-17       13        14         1       2225        0.223       4.451
    -------------------------------------------------------------------------
    SY07-18      1.1         5       3.9        667        0.067       1.334
    -------------------------------------------------------------------------
    SY07-18        9        11         2        199        0.020       0.399
    -------------------------------------------------------------------------
    SY07-19      0.8        10       9.2       1048        0.105       2.168
    -------------------------------------------------------------------------
    including    0.8         3       2.2       2207        0.221       4.415
    -------------------------------------------------------------------------
    including      7         9         2       2136        0.214       4.272
    -------------------------------------------------------------------------
    SY07-20        6         8         2       2987        0.299       5.974
    -------------------------------------------------------------------------
    SY07-20       25        26         1        609        0.061       1.219
    -------------------------------------------------------------------------
    SY07-21       19        20         1        214        0.021       0.428
    -------------------------------------------------------------------------
    SY07-22       44        45         1        343        0.034       0.686
    -------------------------------------------------------------------------
    SY07-23       18        20         2        157        0.016       0.313
    -------------------------------------------------------------------------
    SY07-24       24        25         1        396        0.040       0.792
    -------------------------------------------------------------------------
    SY07-25        2         3         1        154        0.015        0.31
    -------------------------------------------------------------------------
    SY07-26       20        21         1        149        0.015        0.30
    -------------------------------------------------------------------------
    SY07-27       11        12         1        100        0.010        0.20
    -------------------------------------------------------------------------
    SY07-28       10        11         1        208        0.021        0.42
    -------------------------------------------------------------------------
    SY07-28       17        18         1        182        0.018        0.36
    -------------------------------------------------------------------------
    SY07-29        1         3         2        166        0.017        0.33
    -------------------------------------------------------------------------
    SY07-29       14        17         3        199        0.020        0.40
    -------------------------------------------------------------------------
    SY07-29       32        33         1        211        0.021        0.42
    -------------------------------------------------------------------------
    SY07-29       49        50         1        184        0.018        0.37
    -------------------------------------------------------------------------
    SY07-29       56        57         1        200        0.020        0.40
    -------------------------------------------------------------------------
    SY07-30        4         8         4        143        0.014        0.29
    -------------------------------------------------------------------------
    SY07-30       59        61         2        158        0.016        0.32
    -------------------------------------------------------------------------
    SY07-31        1         3         2        536        0.054        1.07
    -------------------------------------------------------------------------
    SY07-31       10        13         3        164        0.016        0.33
    -------------------------------------------------------------------------
    SY07-31       54        63         9        124        0.012        0.25
    -------------------------------------------------------------------------
    SY07-32       28        30         2        139        0.014        0.28
    -------------------------------------------------------------------------
    SY07-33        7        10         3        153        0.015        0.31
    -------------------------------------------------------------------------
    SY07-33       69        70         1        202        0.020        0.40
    -------------------------------------------------------------------------
    SY07-33      111       112         1        413        0.041        0.83
    -------------------------------------------------------------------------
    SY07-34       33        34         1        120        0.012        0.24
    -------------------------------------------------------------------------
    SY07-34       47        48         1        239        0.024        0.48
    -------------------------------------------------------------------------
    SY07-34      105       106         1        148        0.015        0.30
    -------------------------------------------------------------------------
    SY07-34      109       111         2        137        0.014        0.27
    -------------------------------------------------------------------------
    SY07-35        4         5         1        120        0.012        0.24
    -------------------------------------------------------------------------
    SY07-35       63        64         1        152        0.015        0.30
    -------------------------------------------------------------------------
    SY07-36       75        76         1        156        0.016        0.31
    -------------------------------------------------------------------------
    SY07-37       22        23         1        118        0.012        0.24
    -------------------------------------------------------------------------
    SY07-37       27        28         1        236        0.024        0.47
    -------------------------------------------------------------------------
    SY07-37      103       104         1        136        0.014        0.27
    -------------------------------------------------------------------------
    SY07-37      113       114         1        101        0.010        0.20
    -------------------------------------------------------------------------
    SY07-38       12        13         1        249        0.025        0.50
    -------------------------------------------------------------------------
    SY07-38       26        27         1        116        0.012        0.23
    -------------------------------------------------------------------------
    SY07-38       38        39         1        121        0.012        0.24
    -------------------------------------------------------------------------
    SY07-39       14        15         1        332        0.033        0.66
    -------------------------------------------------------------------------
    SY07-39       51        52         1        106        0.011        0.21
    -------------------------------------------------------------------------
    SY07-40       50        52         2        111        0.011        0.22
    -------------------------------------------------------------------------
    SY07-40       55        56         1        170        0.017        0.34
    -------------------------------------------------------------------------
    SY07-40       61        62         1        739        0.074        1.48
    -------------------------------------------------------------------------
    SY07-41        2         3         1        351        0.035        0.70
    -------------------------------------------------------------------------
    SY07-41       49        50         1        106        0.011        0.21
    -------------------------------------------------------------------------
    SY07-42       12        13         1        977        0.098        1.95
    -------------------------------------------------------------------------
    SY07-42       20        21         1        145        0.015        0.29
    -------------------------------------------------------------------------
    SY07-43       16        17         1        148        0.015        0.30
    -------------------------------------------------------------------------
    SY07-44                           NSI
    -------------------------------------------------------------------------
    SY07-45       17        19         2        132        0.013        0.26
    -------------------------------------------------------------------------
    SY07-46        5         6         1        189        0.019        0.38
    -------------------------------------------------------------------------
    SY07-47                           NSI
    -------------------------------------------------------------------------
    SY07-48       18        19         1        179        0.018        0.36
    -------------------------------------------------------------------------
    SY07-48       36        37         1        121        0.012        0.24
    -------------------------------------------------------------------------
    SY07-49       21        23         2        135        0.014        0.27
    -------------------------------------------------------------------------
    SY07-49       28        29         1        359        0.036        0.72
    -------------------------------------------------------------------------
    SY07-49       51        52         1        126        0.013        0.25
    -------------------------------------------------------------------------
    SY07-49      112       113         1        111        0.011        0.22
    -------------------------------------------------------------------------
    SY07-50       10        11         1        129        0.013        0.26
    -------------------------------------------------------------------------
    SY07-50       19        20         1        296        0.030        0.59
    -------------------------------------------------------------------------
    SY07-51       66        67         1        173        0.017        0.35
    -------------------------------------------------------------------------
    SY07-51       97       103         6        286        0.029        0.57
    -------------------------------------------------------------------------
    SY07-51      118       120         2        774        0.077        1.55
    -------------------------------------------------------------------------
    SY07-51      124       127         3        253        0.025        0.51
    -------------------------------------------------------------------------
    SY07-52                           NSI
    -------------------------------------------------------------------------
    SY07-53       61        63         2        121        0.012        0.24
    -------------------------------------------------------------------------
    SY07-53       68        70         2        128        0.013        0.26
    -------------------------------------------------------------------------
    SY07-54       12        13         1        148        0.015       0.296
    -------------------------------------------------------------------------
    SY07-54       27        29         2       2428        0.243        4.86
    -------------------------------------------------------------------------
    SY07-55        9        10         1        608        0.061        1.22
    -------------------------------------------------------------------------
    SY07-55       35        36         1        363        0.036        0.73
    -------------------------------------------------------------------------
    SY07-55       53        54         1        212        0.021        0.42
    -------------------------------------------------------------------------
    SY07-56        2         5         3        108        0.011        0.22
    -------------------------------------------------------------------------
    SY07-56       22        23         1        152        0.015        0.30
    -------------------------------------------------------------------------
    SY07-56       48        49         1        143        0.014        0.29
    -------------------------------------------------------------------------
    SY07-56       69        70         1        232        0.023        0.46
    -------------------------------------------------------------------------
    SY07-57       30        31         1        125        0.012        0.25
    -------------------------------------------------------------------------
    SY07-57       87        88         1        238        0.024        0.48
    -------------------------------------------------------------------------
    SY07-57       91     92.96      1.96        221        0.022        0.44
    -------------------------------------------------------------------------
    SY07-58        5         6         1        138        0.014        0.28
    -------------------------------------------------------------------------
    SY07-58       19        20         1        148        0.015        0.30
    -------------------------------------------------------------------------
    SY07-59       11        12         1        357        0.036        0.71
    -------------------------------------------------------------------------
    SY07-59       24        25         1        201        0.020        0.40
    -------------------------------------------------------------------------
    SY07-60                           NSI
    -------------------------------------------------------------------------
    SY07-61       69        70         1        155        0.015        0.31
    -------------------------------------------------------------------------
    SY07-61       85        86         1        132        0.013        0.26
    -------------------------------------------------------------------------
    SY07-62       60        61         1        582        0.058        1.16
    -------------------------------------------------------------------------
    SY07-62       78        79         1        140        0.014        0.28
    -------------------------------------------------------------------------
    SY07-63       15        16         1        948        0.095        1.90
    -------------------------------------------------------------------------
    SY07-63       20        21         1        106        0.011        0.21
    -------------------------------------------------------------------------
    SY07-64       20        21         1        118        0.012        0.24
    -------------------------------------------------------------------------
    SY07-64       26        32         6        421        0.042        0.84
    -------------------------------------------------------------------------
    SY07-65                           NSI
    -------------------------------------------------------------------------
    SY07-66       11        12         1        148        0.015        0.30
    -------------------------------------------------------------------------
    SY07-67       55        56         1        137        0.014        0.27
    -------------------------------------------------------------------------
    SY07-67       80        81         1        531        0.053        1.06
    -------------------------------------------------------------------------
    SY07-67       87        93         6        248        0.025        0.50
    -------------------------------------------------------------------------
    SY07-68                           NSI
    -------------------------------------------------------------------------
    SY07-69                           NSI
    -------------------------------------------------------------------------
    SY07-70                           NSI
    -------------------------------------------------------------------------
    SY07-71                           NSI
    -------------------------------------------------------------------------
    SY07-72                           NSI
    -------------------------------------------------------------------------
    SY07-73       66        67         1        179        0.018        0.36
    -------------------------------------------------------------------------
    SY07-73       71        72         1        163        0.016        0.33
    -------------------------------------------------------------------------
    SY07-73       78        79         1        196        0.020        0.39
    -------------------------------------------------------------------------
    SY07-73       94        95         1        637        0.064        1.27
    -------------------------------------------------------------------------
    SY08-74        5         6         1        139        0.014        0.28
    -------------------------------------------------------------------------
    SY08-74       39        40         1        220        0.022        0.44
    -------------------------------------------------------------------------
    SY08-74       68        69         1        167        0.017        0.33
    -------------------------------------------------------------------------
    SY08-75        1         4         3        287        0.029        0.57
    -------------------------------------------------------------------------
    Including:     1         2         1        862        0.086        1.72
    -------------------------------------------------------------------------
    SY08-75        7         9         2        848        0.085        1.70
    -------------------------------------------------------------------------
    Including:     7         8         1      1,623        0.162        3.25
    -------------------------------------------------------------------------
    SY08-75       13        14         1        246        0.025        0.49
    -------------------------------------------------------------------------
    SY08-75       15        16         1        152        0.015        0.30
    -------------------------------------------------------------------------
    SY08-75       17        18         1        123        0.012        0.25
    -------------------------------------------------------------------------
    SY08-75       23        24         1        142        0.014        0.28
    -------------------------------------------------------------------------
    SY08-76       25        26         1        349        0.035        0.70
    -------------------------------------------------------------------------
    SY08-76       34        35         1        357        0.036        0.71
    -------------------------------------------------------------------------
    SY08-76       38        39         1        425        0.043        0.85
    -------------------------------------------------------------------------
    SY08-77      104       106         2        353        0.035        0.71
    -------------------------------------------------------------------------
    SY08-78       54        55         1        234        0.023        0.47
    -------------------------------------------------------------------------
    SY08-78       86        87         1        100        0.010        0.20
    -------------------------------------------------------------------------
    SY08-78       90        92         2        117        0.012        0.23
    -------------------------------------------------------------------------
    SY08-78      114       115         1        109        0.011        0.22
    -------------------------------------------------------------------------
    SY08-79        3         5         2        160        0.016        0.32
    -------------------------------------------------------------------------
    SY08-79        9        10         1        182        0.018        0.36
    -------------------------------------------------------------------------
    SY08-79       16        17         1        163        0.016        0.33
    -------------------------------------------------------------------------
    SY08-79       56        58         2        239        0.024        0.48
    -------------------------------------------------------------------------
    SY08-79       59        60         1        152        0.015        0.30
    -------------------------------------------------------------------------
    SY08-79       85        86         1        287        0.029        0.57
    -------------------------------------------------------------------------
    SY08-79       93        94         1        155        0.015        0.31
    -------------------------------------------------------------------------
    SY08-79      103       105         2        284        0.028       0.568
    -------------------------------------------------------------------------
    SY08-80       77        81         4        166        0.017        0.33
    -------------------------------------------------------------------------
    SY08-80      133       143        10        288        0.029       0.576
    -------------------------------------------------------------------------
    Including:   133       134         1      1,509        0.151        3.02
    -------------------------------------------------------------------------
    Including:   138       139         1        548        0.055        1.10
    -------------------------------------------------------------------------
    SY07-81     0.30         6      5.70      3,242        0.324       6.482
    -------------------------------------------------------------------------
    Including:  0.30      1.00      0.70       7390        0.739       14.78
    -------------------------------------------------------------------------
    Including:     4         5         1       8723        0.872       17.45
    -------------------------------------------------------------------------
    Including:     5         6         1       2963        0.296        5.93
    -------------------------------------------------------------------------
    SY07-82        5         9         4        280        0.028       0.560
    -------------------------------------------------------------------------
    SY07-82       18        25         7        280        0.028        0.56
    -------------------------------------------------------------------------
    Including:    19        20         1       1177        0.118        2.35
    -------------------------------------------------------------------------
    SY07-83       22        28         6      1,242        0.124        2.48
    -------------------------------------------------------------------------
    Including:    23        25         2      3,326        0.333        6.65
    -------------------------------------------------------------------------
    SY07-83       35        37         2        379        0.038       0.758
    -------------------------------------------------------------------------
    SY07-84       35        41         6        367        0.037       0.734
    -------------------------------------------------------------------------
    Including:    37        40         3        452        0.045        0.90
    -------------------------------------------------------------------------
    SY07-85        2         7         5        255        0.025        0.51
    -------------------------------------------------------------------------
    Including:     4         5         1        437        0.044        0.87
    -------------------------------------------------------------------------
    SY07-85        9        12         3      3,296        0.330        6.59
    -------------------------------------------------------------------------
    SY07-86        1         5         4        208        0.021       0.416
    -------------------------------------------------------------------------
    Including:     2         4         3        236        0.024        0.47
    -------------------------------------------------------------------------
    SY07-86        9        10         1       1238        0.124        2.48
    -------------------------------------------------------------------------
    NOTE: Lower cut-off grade = 0.01% (or 100ppm) U(3)O(8) for
    0.200lbs/ton; No top cut was applied.
 
 
 

For further information: Deborah Thiel, V.P., Corporate Development, Cell: (604) 512-9691, Toll Free: 1-877-646-4488, Email: dthiel@solexresources.com, Website: www.solexresources.com

 



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Southern Andes Energy Inc.

EXPLORATEUR
CODE : SUR.V
ISIN : CA8421991016
Suivi et investissement
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Southern Andes est une société d’exploration minière d'argent et de plomb basée au Canada.

Southern Andes détient divers projets d'exploration au Perou.

Ses principaux projets en exploration sont MACUSANI WEST, PICOTANI, PILUNANI, CULLQUIMAYO, MACUSANI SOUTH, MACUSANI EAST, PRINCESA et ACCOCUCHO SUR au Perou.

Southern Andes est cotée au Canada. Sa capitalisation boursière aujourd'hui est 11,5 millions CA$ (9,3 millions US$, 7,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 09 février 2007 à 4,80 CA$, et son plus bas niveau récent le 22 mai 2020 à 0,01 CA$.

Southern Andes possède 74 468 000 actions en circulation.

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Rapports annuels de Southern Andes Energy Inc.
2007 Annual report
Financements de Southern Andes Energy Inc.
16/03/2010announces closing of private placement
22/09/2009Withdraws Private Placement Offering
20/08/2009Further Extension to Non-brokered Private Placement Closing
21/07/2009 Further Extension to Non-Brokered Private Placement Closing
06/07/2009Announces Extension of Non-Brokered Private Placement
22/06/2009Announces Non-Brokered Private Placement
Attributions d'options de Southern Andes Energy Inc.
01/03/2011Grant of 2,175,000 Stock Options
28/09/2009 Granting of Options
28/05/2008Announces stock options grant to directors and employees
Projets de Southern Andes Energy Inc.
12/01/2011(Macusani South)New Uranium Discovery at Alpi-1 Project in Peru
15/05/2009(Macusani East)Receives Very Positive Metallurgical Test Results From Large...
02/03/2009(Macusani East)Signs Letter of Intent with Eldorado Gold
17/11/2008(Macusani East)Reports Complete Drill Results at the Sayana Central Target,...
13/11/2008(Macusani South)completes initial drilling program and continues metallurgic...
14/08/2008(Macusani South)Solex Resources Corp. announces delivery of metallurgical te...
12/08/2008(Macusani South)Solex Resources Corp. announces drilling on Macusani South P...
02/06/2008Completes NI 43-101 Technical Report at Princesa
25/02/2008(Macusani East)Frontier Pacific & Solex Joint Venture Reports Drill Results...
14/01/2008(Macusani East) and Frontier Pacific Confirm Earn-In and Proposes 2008 Expl...
Communiqués de Presse de Southern Andes Energy Inc.
01/06/2011and Ansue Capital Corp. Announce the Closing of the Ansue Ca...
20/05/2011and Ansue Capital Corp. Announce That Southern Andes Energy ...
14/04/2011and Ansue Capital Corp.
28/04/2010shareholders approve Homeland Uranium asset acquisition
02/03/2010Announces Proposed Transaction to Acquire Cash and Shares Fr...
15/10/2009$100 million Equity Financing By Subsidiary Orion Oil & Gas ...
16/07/2009Completes Previously Announced Transaction with Eldorado Gol...
26/05/2009Finalises Agreement With Eldorado Gold Corporation to Acquir...
02/03/2009Correction: Solex Resources Signs Letter of Intent with Eldo...
12/12/2008Reports Complete Drill Results at the Puncopata Prospect, In...
11/09/2008receives Macusani East project data from Eldorado Gold Corpo...
27/05/2008adopts shareholder rights plan
27/05/2008retains leading investor relations firm
27/03/2008Confirms New Uranium Mineralization on Its 100% Owned Macusa...
12/12/2007 Provides Exploration Update on Wholly Owned Uranium Project...
19/11/2007 Responds to Dissident Circular
23/04/2007Resources Corp. Change Of Address
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