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Dia Bras announces molybdenum and copper mineralization at Corralitos project
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Tuesday, 08 Nov 2011
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Dia Bras Exploration Inc announced that final assay results from drilling at the Corralitos project of its Batopilas property, Chihuahua State, Mexico have been received. The results confirm data from a previous release that extensive grades of molybdenum and copper occur in the drilled area. Seventeen holes totaling 4,640.1 meters were drilled to test a 500 x 1,500 m area of phyllic alteration.

This first phase of drilling will be followed by a second phase to test the mineralized zone laterally and at depth. The Phase 2 program will be designed to explore the mineralized area to the southeast where the core of the mineralized system is believed to occur.

Mr Daniel Tellechea president & CEO of Dia Bras Exploration said that "These are encouraging results because our drilling demonstrates the presence of extensive molybdenum and copper mineralization from the surface to depth. Moreover, our geologists recognize a potentially significant zonation to the drill results which indicates that the Corralitos deposit is possibly larger than we now recognize. We believe this property could contain a molybdenum copper deposit that could become a significant asset for the Company."

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