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Transaction Announcement Reports
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Project: | Sarita Este | |
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Deposit: | Sarita Este | |
Location: | Argentina | |
Commodities: | Gold-Copper-Zinc-Silver | |
Date: | 5/22/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 22-5-2018: Cascadero Copper Corp. announces an Exploration/Drilling Update report for its Sarita Este deposit at the Sarita Este project. Amended report on summary of property and recommendations of work. The Sarita Este Property is a gold-silver prospect | |
Resources: | x | |
CP/QP: | [Overall Report]: Andre Wilkins (Lithos Geological Inc.) | |
ABSTRACT: | The Sarita Este Property is a gold-silver prospect located on the east side of the Sierra de Taca Taca range, in the western Puna of Salta province, Argentina. It is located approximately 240 kilometres due west of the city of Salta and 37 kilometres west of the village of Tolar Grande. Access to the property is by paved roads from the city of Salta to the town of San Antonio de Cobres, followed by all-weather gravel roads through Tolar Grande to the property. There is minimal infrastructure available in the vicinity of the Property. The Sarita Este Property consists of one concession, 830 hectares in size. The Property is controlled by Cascadero Copper Corporation (“Cascadero”). The Property lies within a known mining region with several proven copper and gold deposits nearby. The Taca Taca Bajo copper-gold-molybdenum porphyry deposit is located 3.5 kilometres to the northeast and has a published indicated resource of 2.165 billion tonnes grading 0.44% copper, 0.013% molybdenum, 0.08 grams per tonne gold (Sim et al., 2013). The Taca Taca Bajo mineralization is documented as Oligocene in age. There has been a significant amount of historical prospecting on the Sarita Este Property, commencing with its discovery by Mansfield Minerals in 1996. Three small trenches were dug but not sampled in 2012. Historically, no systematic sampling had occurred on the Property; however, grab samples from prospecting have yielded results of up to 162.6 grams per tonne gold. Limited historic mapping outlined encouraging sericitic and phyllic alteration that is coincident with the known mineralization | |
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