Santo Mining Corp. (SANP), (the “Company”), is pleased to announce that it has acquired 100% of the HENRY gold exploration claim (the “HENRY Claim”) in the mineral-rich Hispaniola Gold-Copper Back-Arc of the Dominican Republic. This acquisition is part of the Company’s aggressive campaign to assemble a heavy-duty portfolio of precious and base metal claims.
The HENRY Claim is a 1,990 hectare claim strategically located less than 8.5 miles northwest of one of the World’s largest gold mines, the 25.3-million-ounce Barrick Gold Pueblo Viejo mine, and 3.5 mile northeast of Falcondo Xstrata’s massive nickel complex.
The highly prospective polymetallic claim is situated in the heart of the Maimon formation of the Hispaniola Gold-Copper Back-Arc, which is host to several polymetallic volcanogenic massive sulphide-type deposits, namely the Cerro de Maimon and the Loma Pesada deposits.
According to Company President Al French, “We are optimistic that the upcoming geochemical exploration survey will return positive results for gold and other precious and base metals, as is typical for the immediate area. Meanwhile our goal is to keep the momentum of acquiring a quality claim every week or so.”