LATIN AMERICA ROUNDUP — Drilling expands Petaquilla

With the completion of a first phase of drilling on the Petaquilla property in Panama, Adrian Resources (VSE) believes the potential geological resource is over and above the one billion tons identified to date.

Adrian holds an option to earn 40% of an 80% project interest jointly owned by Minnova (TSE) and Kerr Addison Mines (TSE).

Adrian will also acquire a further 20% direct interest under an agreement with Geo Recursos (T.N.M. Apr 12/93).

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