Richard and Gillian did an excellent job of introducing Ana Paula to the investment community. They split up the presentation with Richard doing the corporate and Gillian taking over and talking about the geology and some of the results at Ana Paula and their significance.

Of note to me was the classification of the drill results into 4 different types of mineralized deposition (also in the updated PPT)

1) North South structural (holes 38,39,57,60) richer grade than the Filos type with VERY SIGNIFICANT SILVER over 3 OUNCES/ton over 21 meters

2) Lower grade High tonnage Los Filos mineralization (holes 5,6,10,12,13,15,46)

3) Stratabound Breccia (36,53,55)

4) The High grade Breccia (19,20,33,35,37,47,48,51,52) with one interval of 58 meters of over 1/2 OUNCE/tonGold!

to date there has been 27,000 meters completed of a 36,000 meter planned program for this year

Drilling will be expanded with the addition of TWO more drills by Halloween

assays are pending and will be released as they have been with a combination of high grade, lower grade and exploration drilling combined in groups of 10 or so holes as they become available.

The session was ended with time for only one question dealing with the perceived social issues surrounding Mexico.

Gillian reported that the area we are in is very rural although it looks very close on a map the NES property may as well be in a different country. The roads are very slow and winding and it takes 2 and a half hours to get to the NESproperty from the Balsas river, which is a main transportation route. Our relations are excellent with the locals and have been fostered over many years, as NES is a long time resident of the community and not new to the area. There are many 10 year access agreements signed and the most important areas surface rights are owned by the company

Very well done!

Thanks to Richard and Gillian for enduring the hardship of Vail for a couple of days! 😉

Keep up the good work

warmest regards

caliche

September 15th, 2011
Categories: Uncategorized . Author: caliche