Duran Ventures Inc. (DRV.V) provided additional results from the ongoing resource drilling program at the company's 100% owned Aguila Porphyry Copper and Molybdenum Project in Peru. All drill holes are located on The Aguila Project, located in the Department of Ancash in north central Peru, some 400 kilometres northwest of Lima. It said more than 8,500 metres had been drilled as of July 29 with 17 holes completed and four in progress. A fourth drill rig, which was previously working on the company's Corongo Project, was mobilized to Aguila on July 15 in order to accelerate the drilling program. "Company geologists believe that the Aguila Project is comparable in terms of style and grade of mineralization and geological setting to the nearby Magistral deposit but that Aguila may offer greater tonnage potential," it said.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
