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Shyri Concessions Related News 11-02 - Cornerstone to Start Diamond Drilling at Flagship Shyri Gold-Copper Property in Ecuador 11-01 - Cornerstone authorized to recommence exploration at Flagship Shyri property in Ecuador Mar, 2007: Shyri Property North Report Update: Jeffery W. Hedenquist Mar, 2007: Shyri Property South Report Update: Jeffery W. Hedenquist Work on the Shyri concessions, collectively over 450 km2 in area, indicates potential for low and high sulphidation precious metal deposits in several target areas. The Shyri concessions straddle the Gañarin Belt and are immediately adjacent to IAMGold Corporation's Quimsacocha project. The Gañarin Belt is a 50 km long feature with several volcanic centers, related intrusives and numerous epithermal gold-silver prospects. Quimsacocha is the most advanced project in the Gañarin Belt. IAMGOLD first announced significant drill intersections at Quimsacocha in December 2004 and in September 2006 they reported an indicated resource of 3.4 million ounces of gold in the deposit (IAMGold Corporation press release, 27 September 2006). |