Stockhouse education:the art of being a good investor is to make a great news release looking like nothing special to the normal bullboard/community sheep investor and pick up their shares. And it is nowhere easier to do this like at the stockhouse board.
Forget about today price reaction on the share price, just read the news carefully! This update was constructive and a great release for every investor.
The info released in this news release will make the share price climb to 0,40 by the first friday in march.This is my call. If we won't hit 0,40Can$ by the first friday in march, i will never post again on the ec board. You have my word!
Hand trenching of IPchargeability at Rio Zarza resulted in gold in soilattributed to underlying mineralized quartz-chlorite-sulphide veins.
- Gold grain morphology and chemistry research study demonstrates alluvial gold in Rio Zarza is locally derived within the project area.
- Alteration facies and paragenesis studies indicate widespread magmatic-hydrothermal alteration attributed to causative porphyry intrusion, overprinted by advanced argillic phase channelled along structural conduit
- Planned shallow diamond drilling where thick cover precludes further surface trenching -- the company's own MD-2 portable diamond drill is close to completion of commissioning and mobilization.
- Drilling campaign at Rio Zarza is planned in deeper part of Misahualli-Suarez ( you know in what depth former ARU intersected the high grade gold?) structural basin where thicker volcano-sedimentary pile dampens the hydrothermal system and cools to epithermal temperature more conducive to high-grade mineralization.
Rio Zarza gold project, Ecuador
Trenching programme
Hand trenching of soil geochemical and IP anomalies indicate probablesource of gold is related to sulphide-rich quartz-chlorite veins anddisseminations hosted in Zamora batholith granodiorite. The alterationhas characteristics of a porphyry-type hydrothermal system, which couldbe related to the epithermal mineralization in the Misahualli-Suarezstructural basin.