Los Azules, Sinaloa State, Mexico
- 7,843 hectares, direct staking, 100% interest
- Epithermal veins, gold, silver and copper
- Quartz-touramaline breccias carrying gold
60 km SE of Mazatlan, Sinaloa, on Mazatlan-Escuinapa highway
- 15 km NW of historic El Rosario gold mine
- Excellent infrastructure, power, water, services
- Geologic mapping and surface sampling to determine potential
Location, Access and Infrastructure
The Los Azules property covers 7,843 hectares, located 60 km southeast of the city of Mazatlan. The infrastructure at the property is excellent with the new Mazatlan-Escuinapa highway, which traverses the western part of the property, providing direct and easy access to the City and port facilities of Mazatlan. Power and water are available throughout the district, from power lines covering the area and a ready supply of water from underground sources.
Property Geology and Mineralization
The mineralization consists of epithermal low sulphidation veins with gold, silver and copper mineralization, hosted by volcanic and intrusive rocks of Tertiary age. The area has shown possibilities for the occurrence of Tourmaline-gold breccias, similar to the mineralization at Los Brasiles, located 15 km northeast of the property. An initial exploratory trench used to strip overburden and evaluate the structure of mineralization on the property identified a mineralized vein over a distance of 40 metres, with a width of approximately 2.40 metres. The alteration zone surrounding the vein covers a distance of approximately 25 metres. Intrusive rocks with quartz stockwork are observed in this alteration zone.
18 samples collected to evaluate and define the boundaries of the claims returned encouraging results in gold, silver and copper, with grades up to 2.71 g/t gold, 60 g/t silver and 4.49% copper observed in various samples with widths of 1.0 – 1.5 metres.
The Los Azules project covers a large prospective area located 15 km northwest of the historic El Rosario gold mine and town. The project shows potential for the occurrence of gold-silver-copper mineralization. It is extremely well located offering opportunities for cost effective exploration, and if warranted further development, as well as low acquisition and maintenance costs. The Company will be conducting the initial phase of geologic evaluation and sampling to define drill targets and determine the potential for this project.
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