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Aloro Mining Corp.
Summary
| Project: | Los Venados | |
|---|---|---|
| Deposit: | Los Venados | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 6/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-6-2019: Aloro Mining Corp. announces an Exploration/Drilling Update report for its Los Venados deposit at the Los Venados project. Drilling results incl. 7.62m @ 0.164g/t Au, 4.5g/t Ag from 284.99m. ALORO MINING CORP. – (the “Company”) has completed dr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Melvin A. Herdrick (Not stated) | |
| ABSTRACT: | ALORO MINING CORP. – (the “Company”) has completed drilling at the Los Venados (LV) Project and has received the assay results. The drilling included four drill holes for approximately 1347 meters of drilling. The four drill holes were targeting to locate and test a “blind” mineralized felsic dome structure adjacent to the Mulatos active mine’s high grade Escondida gold bearing felsic dome. This target was projected from data and mapping all acquired from the completion of 12 prior drill holes in late 2018 and more specifically by drill hole LVRC-012. The stratigraphy and structural projections indicated a felsic dome zone occurring in the southeastern part of the Venados concession. Drilling of these most recent drill holes successfully located a felsic dome with sulfide contents ranging from 3 to over 10 weight percent pyrite content in pervasive altered volcanic flow units and intrusive dome rock unit up to 200 meters thick. Geological success was not rewarded while the assays results showed only very low grade gold in scattered intercepts of gold content throughout the broad zone of pyritized felsic dome. Other elements present are broad anomalous arsenic with irregularly weakly anomalous bismuth and lead and zinc. More resolution of geochemical patterns in the concession are planned, however the southeastern area of the concession is not being targeted for further ground work. | |
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