Issue link: http://resourceworld.uberflip.com/i/107613
SOUTH AMERICA from page 17 metres; hole CAD-1216 secured 1.36 g/t gold, 0.22% copper, 2.8 g/t silver. The company is also developing the Guadalupe gold-silver project in Colombia. South American Silver Corp. [SAC-TSX; SOHAF-OTC] had its Malku Khota silver and polymetallic project expropriated by the Bolivian government on August 1. On December 12, South American Silver reiterated it was willing to meet with government representatives to settle the dispute. If a resolution is not achieved by April 23, 2013, then South American Silver will call for arbitration under UN rules (UNCITRAL), seeking full compensation for Malku Khota. In the meantime, the company is focusing on its Escalones copper-gold project in Chile, with the latest drill campaign started on December 10. Sulliden Gold Corporation Ltd. [SUETSX; SDDDF-OTCQX] is advancing the Shahuindo gold and silver project in northern Peru. Effective September 2012, the project has measured and indicated resources of almost 2.44 million ounces gold and 33.4 million ounces silver. On November 8, the company said it had entered into a mandate letter with Credit Suisse and Barclays to arrange a finance facility of up to $125 million to build and develop Shahuindo. Teck Resources Ltd. [TCK.B-TSX; TCKNYSE] has interests in the Quebrada Blanca copper mine (76.5%) and the Carmen de Andacollo copper-gold mine (90%), both in Chile. Quebrada Blanca's copper cathode production stood at 15,000 tonnes for Q3 2012, while output at Carmen de Andacollo stood at 16,200 ounces gold and 800 tonnes copper. Teck also holds a 22.5% stake in the Antamina copper-zinc mine in northern Peru and is developing a feasibility study for its Relincho coppermolybdenum project in central Chile Tinka Resources Ltd. [TK-TSXV; TKRFF-PK; TLD-FSE] wholly owns the Colquipucro silver-lead-zinc project in Peru. On December 21, it announced the completion of a private placement financing for gross proceeds totalling $2.25 million. On October 15, the company announced an update to inferred resource levels for Colquipucro's Zone 1, which now february 2013 www.resourceworld.com 87