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News > Shareholder Announcement - Peruvian Government Approves Los Calatos Exploration Drilling
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Hampton Mining Limited (Hampton) has received approval from the Peruvian Government for a new 20,000 metre diamond drilling program at its Los Calatos copper-molybdenum project in southern Peru.
Hampton plans to drill 26 diamond drill holes to test the porphyry system, including the depth potential to 1,000m below surface.
Hampton previously reported total resources for Los Calatos of 262 million tonnes at 0.43% Cu and 0.042% Mo (0.74% CuEq)*at a cut off grade 0.2% Cu.
Peruvian Government approval for drilling at Los Calatos
In Peru, exploration drilling requires an Environmental Impact Statement. After completion of an environmental assessment, Hampton has now received signed authorisation from the Peruvian Government for further drilling campaigns at Los Calatos. This follows an earlier drilling program at Los Calatos in late 2008 (Phase 1 - 6,387 metres of core drilling in 13 holes).
In the next phase of drilling (Phase 2) the Company plans a combined program of 26 diamond holes comprising 10,000 metres of infill drilling, to be followed by a further 10,000 metres (Phase 3) focused mainly on extending resources. Drilling is expected to commence in October.
Date: Monday 14 Sep 2009
