Amerisur Resources has provided an update on technical work performed in its Paraguayan properties.
The surface geochemical sampling program in the San Pedro contract has been successfully completed on time and within budget. The samples are currently being analyzed at the laboratory of the specialist consultant in Bogota.
The samples were acquired in the form of two separate grids located over distinct leads identified through reprocessed and re-interpreted 2D seismic data. The northern grid measured two by 19 km and the southern, five by 19 km. All samples were acquired at the points required by the grid, and the condition of the samples was described as excellent by the acquisition contractor, who considers them suitable for analysis.
Initial results will be available during early June and final analysis will be completed during July 2009.
Giles Clarke, Chairman commented, "I am pleased that we have completed this program within our time-frame and budget. As we have mentioned before, our Paraguay blocks are very large and hold considerable potential. We look forward to the results of this study, which we feel will further enhance the prospectivity and value of our blocks. We continue discussions with potential partners regarding farm-outs in both our Paraguayan blocks and I look forward to updating shareholders as progress continues."
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