Wow alright. I'm surprised this announcement didn't generate a bit more excitement actually. Everyone is focused on Las Lagunas starting production but for me San Gerardo could well be the highlight of 2012.
I'm no geologist but if it is a Cu-Mo porphyry system then 200Mt would be considered a pretty small system I think. The magnetic and IP surveys will give a better idea of the extent of the anomaly.
Let's hope the 25000m drilling program gives us the results we're after.
EVG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held