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Stock Quote - VEM
Last Traded Price 0.43
$ Change -0.02
Volume 22,500
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Intraday Low 0.43 52 Week Low 0.41
Today's Open 0.44 Previous Close 0.45
Aug 20 2008 03:56 PM 20 Minute Delay


Precious Metals Division - Huaranchal

Huaranchal is made up of a group of 5 concessions totaling 3,037 hectares. It is located about 15 kilometres southwest of the Masma prospect, and lies between 3,200 and 4,200 m asl.

The geology is described by Inca Gold as Lower Cretaceous sediments (Chimu, Santa, Carhuaz and Farrat formations), overlain by Calipuy volcanics and intruded by Tertiary-age tonalitic granodiorite. Mineralization is said to be of epigenetic origin in arenaceous sediments of the Goyllar Group (between the Chimu and Farrat formations) near the contact with intrusives. Zones of argillic and silicic alteration are known.

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