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Patagonia Gold Plc
Summary
| Project: | San Jose | |
|---|---|---|
| Deposit: | San Jose | |
| Location: | Uruguay | |
| Commodities: | Gold | |
| Date: | 2/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-2-2019: Patagonia Gold Plc announces an Exploration/Drilling Update report for its San Jose deposit at the San Jose project. Drilling results incl. 4.55m @ 4.7g/t Au from 13.75m. atagonia Gold Plc, the AIM-listed mining company with gold and silver pro | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Walter Soechting (Internal) | |
| ABSTRACT: | atagonia Gold Plc, the AIM-listed mining company with gold and silver projects in the Patagonia region of Argentina and in Chile and Uruguay, is pleased to release the first drill results from its San Jose Project in Uruguay. The Dream Walker prospect (previously named Carreta Quemada) is located within the east-west trending San Jose Greenstone Belt of early Proterozoic-age (+/- 2.1 billion years) in Uruguay, comprising greenschist to lower amphibolite facies metasediments and metavolcanics, with frequent, large granitic-granodioritic intrusives. The geological setting appears typical of the terranes that host some of the world's most prolific Orogenic Gold Belts, such as those of the same age in the West Africa Craton, which host many multi-million ounce deposits.The project is located on a strong NW-striking regional-scale shear zone (the "Carreta Quemada Shear Zone"). Field observations and aeromagnetic data indicate a several kilometre wide, diffusezone of NW-SE oriented lineaments and structures.First pass drilling results from the 2018 exploration campaign, carried out at the Dream Walker Project confirmed the existence of a north-south trending, mineralised structure which can be traced for over at least 300 m and remains open for expansion on strike and at depth (Figure 1). | |
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