09:57 AM EST - Minera IRL Limited : announced an exploration update at the Escondido Project in Patagonia, Argentina. Assay results have now been received from the final holes in Phase 2 drilling (December 2010) and the initial 20 holes in the Phase 3 exploration/infill drilling carried out in April and May 2011. Highlights: Discovery of high grade intersections including E-D10-026 with 0.70 metres grading 136 g/t gold and 157 g/t silver and E-D11-037 with 4.20 metres grading 1.6 g/t gold and 663 g/t silver, including 0.55 metres with 4.2 g/t gold and 1,250 g/t silver. Minera IRL Limited
shares T.IRL are trading up $0.01 at $1.02.
