Molleturo Project
Mineralization
Historic work on the Molleturo Property identified two polymetallic veins, termed the Roman and Isabel Veins. Both veins are approximately east-west striking, with the Roman Vein dipping at 45-50o to the northeast and the Isabel Vein about 70o in the same direction. Average true width of the veins is 55 centimetres. The veins have been traced over a minimum strike length of approximately 200 metres and a vertical extent of 40 metres by means of underground drifts (4 levels) and raises (2) following the actual veins. The exposures of vein material are sulphide rich with metallic minerals often predominating over the quartz-chlorite-carbonate gangue minerals. Locally, the veins are semi-massive sulphide with minor quartz. The following ore minerals have been identified in Roman and Isabel Vein material: native silver, electrum, pyrite, sphalerite, galena, pyrrhotite, arsenopyrite, tetrahedrite, chalcocite and covellite.
Potential extensions to the mineralization at the Molleturo Project remain open, especially with the recent discovery of a new vein (the "Paola Vein"), located 3.5 kilometres to the North-West of the Roman and Isabel Veins. The Paola Vein was sampled on two separate occasions, and the rock chip samples were forwarded to the ALS Chemex Lab in Lima Peru, with the following assays results reported by the lab:
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SAMPLE #1 SAMPLE #2
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SILVER (g/t) 1,235 1,120
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GOLD (g/t) 2.78 5.05
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COPPER (%) 1.38 2.36
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LEAD (%) 11.1 11.1
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ZINC (%) 39.7 18.85
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Additionally, several outcrops of granodiorite/diorite, intruded by younger porphyritic rocks, have been mapped in several locations within the Molleturo Project mining concessions. A mineralized stockwork structure, with propylitic alteration, has also been observed near the Paola Vein.