01:28 PM EST - South American Gold and Copper Company Limited : reported today that it has started to drill its porphyry copper deposit at Pimenton.
Drill hole PP No. 1 will be drilled to a depth of approximately 600 meters and located 200 metres to the north of PM-DD-004 which was drilled by Rio Tinto to a total depth of 681 m and encountered 279 m of 0.4% copper and 0.43 grams per ton of gold. South American Gold and Copper Company Limited
shares T.SAG are trading up $0.005 at $0.07.