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Sungro Minerals Inc. (OTCBB: SUGO)
SUGO is taking the necessary steps to complete the NI 43-101 report. All available data from prior operators is now being compiled in preparation for an immediate program of geologic mapping and geochemical sampling to define targets for a drill program planned for 2010.
One of our consulting geologists stated “The reports from prior exploration company’s suggest the target area could be one of the largest gold deposits in North America”.
The Conglomerate Mesa Project hosts structurally and stratigraphically controlled, sediment-hosted gold mineralization similar to the “Carlin-type” deposits of north-central Nevada. The property was originally explored by a Fortune 500 corporation while it was within the Cerro Gordo Wilderness Study Area (WSA). Newmont withdrew from Conglomerate Mesa in 1993. Federal agencies dropped the property’s WSA status the following year. The core area of the Conglomerate Mesa property was explored by a second Fortune 500 exploration company in 1995, with eight target zones identified, based partly on surface road cut channel samples. In 1997, they conducted a widely-spaced, 10-hole reverse-circulation drill program at Conglomerate Mesa.
About Sungro Minerals Inc.
Sungro Minerals Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. It holds interest in the Conglomerate Mesa project, which consists of 341 unpatented lode mining claims covering approximately 6,800 acres in Inyo County, California. The Conglomerate Mesa project is a structurally and stratigraphically controlled sediment-hosted gold system similar to the Carlin-type deposits of north-central Nevada. The company also intends to undertake the completion of a NI-43101 Style Report, which includes previous and new assays of expected gold content and other mineralization.
Visit Sungro Minerals Inc. (SUGO.OB) for more information at http://www.sungrominerals.com
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