SOURCE: Harris Exploration, Inc.

February 15, 2007 16:01 ET

Harris Exploration Inc. Ecuador Gold Project

GUAYAQUIL, ECUADOR -- (MARKET WIRE) -- February 15, 2007 -- Harris Exploration Inc., (PINKSHEETS: HXPN). The geographic location of the Balsapamba property is identified as the Balsapamba Parish, Canton San Miguel de Bolivar, Bolivar Province in the Republic of Ecuador. The property is described as a polymetallic property, indicating the presence of several various mineral resources which have been divided into five mineralized blocks. These blocks are identified as Andres, Juan, Gilbert, El Cangrejo and Diana.

The UTM coordinates are  PP.  9.804.800 N    702.300 E
                              9.805.800 N    702.300 E
                              9.805.800 N    703.600 E
                              9.804.800 N    703.600 E
An excerpt from the 203 page "Report on the Mineral Exploration in the Bolivar Area, Republic of Ecuador" authored in March 1991 by the "Japan International Cooperation Agency, Metal Mining Agency of Japan" identifies the Balsapamba area as a "Macuchi formation of late crustaceous and granitic rocks of Oligocene to Miocene that intruded into this formation."

A more recent internal analysis shows that indications of a hydrothermal alteration of siliceous character with epidotic, chlorite and sulfide mineralization in big concentrations, has had interaction with the andesite mineralization present. The initial direction of the mineralized bodies N. 35 W. apparently would be converging toward a centre among the benchmarks 870 and 900 and in proximity to the intrusive body; Preference in the block Andres were at the level of the river, 10 mineral bodies of 2.30 meters of thickness separated with cuarcitas and andesite blocks have been detected with disseminated sulfides and veins smaller then Quartz pyrite.

The Company is currently working with Minera Cristal partners to define a budget and initial work program. Further news on this and other corporate progress is expected within the next few weeks.

About Minera Cristal

Minera Cristal partners currently hold license to several base and precious metal exploration and mining opportunities throughout Ecuador.

About Harris Exploration

Harris is a Nevada registered exploration Company. The Company has recently initiated a program to evaluate, exploit and explore undervalued assets and to establish an Ecuador mineral claim portfolio.


This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Harris Exploration, Inc. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Harris Exploration Inc. expressly disclaims any obligation to update the statements contained in this release. This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy, or sell any security.

Contact Information

  • Company Contact:
    George Zein
    + 593-4-268-1047