Not exactly relevant since the properties arn't ajacent ( my quick DD figures the properties are about 300km or so apart), but good news from the central peru area nonetheless. Looks like Canadian Shield Resources made a major find near Huancavelica Peru. Oh ya, there's other parallels to: Looks like the property was formerly owner by Bear Creek, the same former owners who optioned off the LaYegua property to Chapleau. Hopefully we'll have a major discovery like that too!

Highlights of the PR:

Canadian Shield Intersects 107 Metres Grading 99.1 g/t Silver Equivalent at La Estrella

Friday November 23, 10:12 am ET

TORONTO, ONTARIO--(Marketwire - Nov. 23, 2007) - Canadian Shield Resources Inc. (TSX VENTURE:CSP - News; "Canadian Shield" or the "Company") is pleased to announce results from the Phase I drill program recently completed at the La Estrella Gold-Silver-Copper Property located in the Department of Huancavelica, Central Peru.

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HIGHLIGHTS

- Drill Hole RC-E10 intersected 107 metres of 77.7 grams per tonne (g/t) silver and 0.39 g/t gold, a Silver Equivalent (AgEq) grade of 99.1 g/t or Gold Equivalent (AuEq) grade of 1.81 g/t, from 30 to 137 metres depth.

-- High Grade IntervaI includes 21 metres grading 0.62 g/t gold, 216.6 g/t silver or 250.3 g/t Silver Equivalent (AgEq) from 38 to 59 metres depth. Within this high grade zone, grades range from 36 g/t to 913 g/t silver and 0.211 g/t to 1.27 g/t gold from individual one metre sample intervals.

- In Drill Hole RC-E11, the last 19 metres of that hole ended in 0.93 g/t gold, 58.8 g/t silver or 2 g/t Gold Equivalent (AuEq) or 109.5 g/t Silver Equivalent (AgEq). Grades range from 0.347 g/t to 1.77 g/t gold and from 17.8 g/t to 244 g/t silver over this uniformly mineralized interval to the bottom of the hole. RC-E11 was stopped at 163 metres due to difficult ground conditions.

"Drill results from our first phase of drilling on the property are very exciting and we have effectively tested targets based on a multi-disciplinary approach. Combining our results with those from previous drilling by Bear Creek, we see indications of the presence of a major scale gold-silver-base metal system… said Phil Anderson, Canadian Shield's VP Exploration.