Mapping defines three new vein zones.GutterGuy, the Pilar property has shown signs of a robust multi-vein system as yet untested. Amazing how tight the share structure is with not a lot of selling. Today the price is pushing back up to $0.70, perhaps an indication that the financing is near being closed. I love the description of a paragraph from the Press Release today.
Mapping of the project has identified key target vein zones including a new Triple vein zone (TVZ) that extends 350 metres south of the Main zone. The TVZ has mapped veins five to 15 metres wide, all hosted with the same oxidized andesite rock seen at the drill defined Main zone. Mapped structures correlate with a previous CSAMT (controlled-source audio-frequency magnetotellurics) geophysics survey, increasing the confidence in the understanding of the geology. In addition, veins mapped along the 4 Trench trend indicate over 400 metres of vein strike length previously untested by drilling. A new Southeast vein zone along the eastern edge of the property has been identified with two dominant vein trends. The first trend with the same northwest strike as seen at Main zone and 4 Trench areas, the other trending north-south and correlating with anomalous gold values recorded from previous rock and soil sampling. Two separate north-south veins have been identified and have been inferred to extend for 200 metres.