Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) is pleased to present the attached copy of a Technical Evaluation of the El Pilar Porphyry System in Cuba.
The Evaluation was prepared by the Company’s Exploration Director, Dr Christian Grainger, and Ricardo Sierra, a Colombian consulting geologist engaged by Antilles Gold on its exploration programs in Cuba.
These two highly experienced geologists with a record of exploration successes have advised that “the results of investigations to date indicate the strong possibility of discovering a significant porphyry copper deposit at El Pilar”.
It is expected that drilling will be resumed on the El Pilar porphyry system after the relevant concession is transferred from Antilles Gold’s existing Exploration Agreement with the Cuban Government’s mining company, GeoMinera, to a joint venture with the potential for majority foreign ownership.
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