Key Facts
| Location | San Albino-Murra Concession |
| Size of Target Area / Area Drilled | 0.55 km2 / 0.17 km2 |
| Distance from Processing Plant | 2.3 km south of San Albino mill |
| Targeted Mining Method | Open Pit and under-ground potential |
| Targeted Metal | Au, Ag |
| Targeted zone | SW Extension of Intermediate, Cruz Grande, Mina Bonanza, Upper Mina Bonanza |
| Deposit Type | Orogenic – High grade Au, shallow dipping 1-2m wide stacked veins |
| Ownership | 100% |
Description
Gold bearing veins have been identified in two different zones in the Las Conchitas Central Area. The veins have a similar minerology and morphology to San Albino located 2.3 km to the north. Exploration in this area has been limited and requires additional drilling to identify resources. High grade drill intercepts identified to date are open along strike and down dip.
Outlook
Approximately 10,000 -15,000 m of drilling is planned for 2022 with the objective of identifiying additional gold resources.
Exploration
Between 2011 and 2017, most of the exploration activity in this area was low cost trenching and soil sampling, since most of the exploration funding was dedicated to defining resources at San Albino. During this period, a number of drill targets were identified for follow-up drilling once the funding became available. In 2018, 19 diamond drill holes were completed resulting in several ore grade intercepts. To date, a total of 1,518 m trenching, 2,034 m of diamond drilling have been completed in the Las Conchitas Central area.
Drilling Highlights
- 23.63 g/t Au and 25.1 g/t Ag over 5.7m
- 17.61 g/t Au and 31.2 g/t Ag over 1.8 m
- 12.39 g/t Au and 4.4 g/t Ag over 3.4 m
- 26.80 g/t Au and 50.1 g/t Ag over 0.7 m
History & Milestones
- 2011 – Initial exploration trenching
- 2012-2013 - Soil survey, trenching program
- 2017 – Follow-up trenching campaign
- 2018 – Follow-up trenching and drilling campaign
- 2019 – Trenching program
- 2020 - No exploration
- 2021 - No exploration
Media & Photos
