For thousands of other reports visit RSC's Mineral Intellingence Map
Metminco Ltd.
Summary
| Project: | Quinchia | |
|---|---|---|
| Deposit: | Chuscal | |
| Location: | Colombia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 1/20/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-1-2020: Metminco Ltd. announces an Exploration/Drilling Update report for its Chuscal deposit at the Quinchia project. Drilling results incl. 8m @ 1.65g/t Au from 8m. Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is pleased to adv | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Cesar Garcia (Internal) | |
| ABSTRACT: | Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is pleased to advise that it has received the final tranche of assays for the 2019 Chuscal drilling program which consisted of four diamond holes (Table 1, Appendix 1), and represents the first drilling to occur at the Chuscal Prospect. Chuscal is a gold porphyry and vein target within the Quinchia Project which also hosts the Tesorito Prospect and the established Ore Reserve at Miraflores, all within a 2km radius (Figure 1). The final hole (CHDDH004) of the 4 hole Chuscal program was designed to complete the first pass testing along the core of the 900m strike of the Chuscal gold in soil anomaly and to demonstrate continuity of regional gold bearing structures by testing the 500m interval between holes CHDDH002 and CHDDH003, both of which encountered porphyry associated gold and vein hosted gold. Drill hole CHDDH004 intercepted regions of vein gold at depths predicted in the regional structural model, adding weight to the validity of the model for the distribution of epithermal vein related gold and silver. The best result was encountered near surface and correlated to the Guayacanes corridor (Figures 2 & 3) which hosts a series of horsetail faults containing old artisanal workings. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report