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Equus Mining Ltd.
Summary
| Project: | Los Domos | |
|---|---|---|
| Deposit: | Los Domos | |
| Location: | Chile | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 11/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2017: Equus Mining Ltd. announces an Exploration/Drilling Update report for its Los Domos deposit at the Los Domos project. JV - Drilling results incl. 18.94m @ 0.48g/t Au, 117g/t Ag, 9.65% Pb, 3.62% Zn from 35.2m. Subsequent to the discovery of sig | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Damien Koerber (Internal) | |
| ABSTRACT: | Subsequent to the discovery of significant high-grade mineralisation at shallow depth at the T7 Target, follow-up drilling of 5 holes has further delineated the geometry and extension of mineralization. Drilling to date has totalled 841.9m and results have defined polymetallic mineralisation hosted within a moderately NNE dipping structure trending 295° which extends over a minimum strike length of 400m. (See Figure 1 and Table 1). The overall host west-northwest trending fault structure has been mapped over an 800m strike extent. The mineralisation consists of brecciated, sphalerite and galena rich, banded epithermal quartz veins and hydrothermal breccias hosted in quartz crystal rich tuff. This mineralization is interpreted as representing part of a multiphase, Intermediate Sulphidation epithermal style of mineralisation. Geological and geochemical results from the initial phase of shallow drilling at T7 has indicated that more competent host volcanic rocks more conducive to breccia-vein development extends at shallow levels to the WNW, that drilling to date has only partially tested the upper approximate 30m interval of this unit and that vectors of mineralization remain open both along strike and down dip. The next phase will comprise drill testing of the T7 Target over an 800m strike length with a series of shallow, 80m spaced holes targeting the structure within the more favourable host rocks in order to define the geometries of the higher-grade shoots prior to drill testing of their potentially more precious metal rich levels deeper in the epithermal system. See Figure 1. Good potential exists for additional subparallel mineralised structures in the hanging wall to the mineralised structure defined by drilling to date. | |
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