Thursday, June 19, 2008

Yamana Gold AUY Exploration Update - more goods in the ground

This is the game here: rising prices for Gold plus excellent exploration results: I do not mind to keep the goods in the vault for a while - option on gold price without time decay.
TORONTO, ONTARIO--(Marketwire - June 19, 2008) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY)(LSE:YAU) today announced an exploration update for Gualcamayo, El Penon, Pilar de Goias and Mercedes.GUALCAMAYO, ARGENTINADrilling at Gualcamayo continued during the quarter with two underground and two surface diamond drills. The significant results show:- Potential for expanded size of QDD Lower West deposit- Improved grades compared to the original resource model- Added tonnage through increased width of the deposit

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