Post by
Thecook100 on Nov 29, 2021 7:28am
Great News.... blue sky potential
BLUE SKY In addition to excellent possibilities of expanding the resource of the drilled Zones, San Roque has outstanding wide-ranging blue sky gold exploration possibilities. A system of gold bearing epithermal quartz veins with no associated base metals mineralization has been identified in an undrilled sector of the Property (see the Companys news release titled Marifil Mines Reports New Gold System Discovery at the San Roque Gold Project dated November 5, 2018). This discovery is referred to as the NWVeinSystem, and it lies about 2 kilometers west to northwest of the Technical Reports resource estimate area. Its trace is northward displaying a strike length of at least 2.5 kilometers, where it is open-ended. Geochemical soil sampling points to it continuing northward for an undetermined distance under deep soil cover. A limited amount of exploratory trenching has exposed it in places along its traceable length. An exemplary trench bedrock channel sample across one of the numerous quartz vein structures assays 25.7 meters of 0.73 g/t Gold with 5.6 g/t Silver. Within that a 1.7 meter wide vein runs 9.06 g/t Gold with 82 g/t Silver. These results show anomalous gold mineralization infuses the encasing argillic and silica altered volcanic sandstone wall rock for significant distances outward. Of high interest is a bulk tonnage gold target identified in the southern portion of the NW Vein System. It occurs where a major west trending fault cross-cuts the north trending vein system. It is manifested by a west trending topographic feature of 35 meters relief and some 500 meters long with about 200 meters of width. This is body of un-mineralized silicified rhyolitic tuffs is cut by numerous north trending gold bearing epithermal quartz-carbonate veins. These fracture controlled vein emplacements may represent late-stage outflow of gold bearing hydrothermal solutions from under an impervious silica capping formed early on in the sequence of extensive hydrothermal activity. This late-stage event of fluids escaping up through cracks may also have mineralized suspected receptive rock formations under the obstructive silica capping with gold. Accordingly, this constitutes a high priority drilling target for the Company, warranting further exploration and analysis