Latin American Minerals Inc. announced results from the first four drill holes of the 10,000 metre drill program at its Paso Yobai gold project in Paraguay. Trenching, drilling, open pit excavation and bulk sampling have intersected gold mineralization over the 3000 metre long Discovery Trend. Multiple ore shoots have been identified in this work. The present drilling was situated to test at depth the gold mineralization sampled in Trench 6, located on this trend. Assays of Coarse Visible Gold: Coarse gold samples often exhibit a pronounced nugget effect due to the presence of discrete particulate gold. This may generate a pronounced scatter in the gold analytical results making it difficult to assess the true gold concentration. To improve the analytical reproducibility of samples identified with visible gold, an accelerated cyanide leach assay was performed by ALS utilizing LeachWELL(TM) tabs. Approximately 500 gr of material is split from the crushed, milled and homogenized sample prior to a 4 hour accelerated leach and atomic absorption assay. In several instances of visible gold in samples, duplicate assays were completed using screen fire assay methods. Approximately 1000 gr of prepared pulp is sieved and the plus 75 micron (200 mesh) portion of the sample is screened out and assayed in its entirety. The minus 75 micron portion of the sample is homogenized and a 30 gram fusion is used to determine its grade. The final reported assay value is the weighted average of both fractions, coarse and fine. Independencia Mine update the reconfiguration of the gold processing plant is in the final stages of the build out with the lining of the three 7,500 tonne VAT leach pads completed prior to the end of 2016. The carbon columns for the capture of the gold solution will be completed this week and the final few weeks will be to connect all the pumps and pipes. This is a fully integrated gravity gold processing system designed by JT Boyd & company, Pittsburg, U.S.A. Key process modifications proposed by BOYD include de-sliming ahead of the process plant, reconfiguration of the existing gravity circuit, modification of existing heap leach pads to a vat leach system, and various upgrades and modifications to the carbon loading and stripping circuits. With these modifications, it is expected that total gold recovery will be approximately 90%, with approximately 55% of total recovered gold reporting to the gravity circuit and 45% to the leach circuit. It should be noted that these recoveries are based on empirical data from LAT’s past operations, and on BOYD’s.