$SANP .63 News just out Santo Mining Corp. Modular Field

New Post Public Reply Private Reply Replies (0) Message Board
jstops

[b]$SANP[/b] .63 News just out Santo Mining Corp. Modular Field Office Deployed Near Pueblo Viejo

SANTO DOMINGO, Dominican Republic, Oct 12, 2012 (GlobeNewswire via COMTEX) -- Santo Mining Corp. (OTCBB:SANP), (the "Company"), announces that the Company has moved its field operations and modular field office to a yard that is closer to Maimón, the epicenter of the world class mining district in the Dominican Republic. Exploration of the five initially acquired poly metallic claims will be orchestrated from this new facility and the Company also plans to conduct due diligence on a pipeline of prime gold claims in the area.

This satellite office will improve the exploration team's efficiency and reduce daily travel times by 2-3 hours or more. The secure area has sufficient space for sample processing and storage, heavy equipment storage and even helicopter operations.

Santo Mining President Al French said, "Now that the Santo Mining field office is mobilized near Pueblo Viejo, our exploration team will move into the new facility today. Without missing a beat we will immediately start sampling soils on a 100 meter grid basis at the Walter claim, which is located less than a mile from Barrick Gold's 25 million ounce "Pueblo Viejo Mine" and Perilya's "Cerro de Maimón" gold mine. Any newly defined precious or base metal soil anomalies will be followed-up by air-track drilling through the shallow quaternary sediment layer. A consulting geologist previously reported that the claim has considerable potential of finding Volcanogenic Massive Sulfide (VMS) deposits similar to Perilya Gold's nearby Cerro de Maimón, Loma Pesada, Loma La Mina."

About Santo Mining Corporation

Santo Mining Corporation is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company's activities is available at www.SantoMining.com.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Experience Culinary Excellence at Hong Kong Wine & Dine Festival

Updated Category News Views 226

Hong Kong Wine & Dine Festival Returns This October HONG KONG, an anticipated gastronomic spectacle is set for the latter part of October. The Hong Kong Wine & Dine Festival will take place from 23 to 26 October 2025 at the iconic Central Harbourfront. This annual celebration is designed to showcase the best in culinary arts and exquisite wines, offering something special...

Continue Reading
Danaher Announces Upcoming Earnings Conference Details

Updated Category News Views 44

Danaher Sets Date for Q3 2024 Earnings Conference Call Danaher Corporation (NYSE: DHR) has announced the date for its highly anticipated quarterly earnings conference call. This event is significant for investors and stakeholders who keep a close eye on the company's developments. Earnings Call Details The earnings call is set for an upcoming Tuesday morning, during which...

Continue Reading
UniQure's Stock Climbs to Record Levels, Eyes Future Growth

Updated Category News Views 67

UniQure Stock Reaches New Heights UniQure NV (QURE) has exciting news as its stock recently touched an impressive 52-week high of $18.5. This remarkable milestone is a testament to the company's resilient growth strategy and innovative advancements in the biotechnology industry. With a market capitalization reaching $885 million, the stock has seen an astonishing rise of...

Continue Reading
MedCana's Colombian Subsidiary Partners with Australian Firm

Updated Category News Views 34

MedCana Enters Negotiations for Cannabis Supply Agreement MedCana, a prominent player in the pharmaceutical-grade cannabis landscape, is making headlines with an exciting new development from its subsidiary in Colombia. The company is set to negotiate a substantial supply agreement worth between $1.2 million and $2.4 million annually. This agreement marks a significant...

Continue Reading
Mouawad and OCTA Properties Launch Luxurious Residences

Updated Category News Views 144

Mouawad Teams Up with OCTA Properties for Luxe Residences OCTA Properties has been selected as the global licensee for residences branded by Mouawad, bringing the brand's legacy of timeless elegance into the realm of premium real estate. This partnership marks an exciting new chapter in Mouawad's prestigious journey in luxury development. A Landmark Collaboration Mouawad,...

Continue Reading