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Silver Viper Minerals Corp.
Summary
| Project: | Clemente | |
|---|---|---|
| Deposit: | Clemente | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 2/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2017: Silver Viper Minerals Corp. announces a Supporting Acquisition report for its Clemente deposit at the Clemente project. Summary of property in support of acquisition. Silver Viper Minerals Corp holds an option from Riverside Resources Inc. to e | |
| Resources: | x | |
| CP/QP: | [Overall Report]: George W. G. Sivertz (Independent) | |
| ABSTRACT: | Silver Viper Minerals Corp holds an option from Riverside Resources Inc. to explore the Clemente mineral concession in the State of Sonora, Mexico. The Clemente concession has an area of 6,214 hectares and is located in the Pitiquito municipality of northwestern Sonora, 52 km south of the city of Caborca in the Caborca-Trincheras region of Mexico. Access to the property from Caborca is by Federal Highway 2 east to Pitiquito and then south by well-maintained all-weather gravel roads. Clemente has no current or historical inferred, indicated or measured mineral resources, and has no recorded historical mineral production. This NI 43-101Technical Report was written by George Sivertz P.Geo. at the request of Silver Viper Minerals Corp (“Silver Viper”). The writer is indebted to Riverside Resources Inc. (“Riverside”) for its invaluable assistance during the writer’s visit to Clemente in December 2016, and for permission to make use of its own technical data from the Clemente concession. The writer would also like to acknowledge the works of Michael Hester, David Smith, Michelle Stone and Michael Westerfield, from which he has drawn upon freely. The Clemente property lies within a region of large structurally-controlled gold deposits, including Cerro Colorado, San Francisco, El Chanate and Tajitos. The principal rock units of the concession consist of a Proterozoic plutonic and metamorphic basement complex that is overlain by Proterozoic and Cambrian metasediments. Silver-gold-base metal mineralization has been found mainly in Proterozoic granite of the Bamori Metamorphic Complex and in the overlying dolomitic Caborca Formation, also of Proterozoic age. The complex structural history of the property includes two phases of Laramide-age thrust faulting and one phase each of Laramide folding and Tertiary-age extensional faulting (Westerfield, 1988). Mineralization appears to be controlled by structure and occurs in veins and breccias in fault zones. Silver mineralization has been found in both sulfide and hematite-dominant veins and is accompanied by gold, copper, lead, and zinc. | |
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