Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Madoro Metals Corp V.MDM

Alternate Symbol(s):  MSTXF

Madoro Metals Corp. engages in the acquisition, exploration, and development of mineral properties in Mexico. It primarily explores for gold, silver, lithium, and critical metals. The company holds 100% interest in the Cerro Minas Property comprising and area of 900 hectares located in Oaxaca, Mexico; and option agreement to acquire 100% of the First Green Lithium project comprising and area of 12,326 hectares located in Quebec, Canada. The company was formerly known as Megastar Development Corp. and changed its name to Madoro Metals Corp. in March 2021. Madoro Metals Corp. was incorporated in 1984 and is headquartered in Vancouver, Canada.


TSXV:MDM - Post by User

User Avatar Image
(182)
•••
  • Oldschool2022X
Post by Oldschool2022on Dec 06, 2022 6:57am
323 Views
Post# 35152652

Madoro’s Yautepec is a flagship gold/silver property.

Madoro’s Yautepec is a flagship gold/silver property.

OVERVIEW

  • Comprises over 12,000 hectares of high-potential epithermal targets  22 km’s southeast of Gold Resource Corporation’s currently producing Arista-Switchback mines and 8km to the northwest of  Gunpoint Exploration’s La Gitana project. 
     
  • Epithermal veining and alteration are focused along a 17 km northwest-striking caldera structural margin that matches the  orientation of the high-grade polymetallic Au-Ag veins at Gold Resource Corp’s Arista-Switchback mines. 
     
  • Important geologic indicators include the presence of multiple mineralized veins, paleo-hot-spring (sinter) deposits, iron-rich travertines, rhyolite domes, and hydrothermal breccias, all of which are locally anomalous to well-mineralized with Au-Ag and base metals.
     
  • A newly discovered multiple-kilometer high-potential epithermal center was recently identified in the southern portion of the project.
     
  • Flanking the caldera-margin structures to the east and southwest are Ag and base metal-rich skarns, the full extents of which are not yet known.
     
  • Outside the areas of active mining the region has seen little systematic exploration, and the Yautepec project is the most highly prospective segment of the regional structural trend.

GEOLOGY

Caldera associated-tertiary volcanic rocks highly prospective for hosting epithermal precious metal mineralization, similar to nearby producing mines. The mapped altered rocks along the trend are part of a nearly 100km-long structural- volcanic corridor that extends from the San Jose mine (Fortuna Silver) to the northwest, to Chesapeake Gold’s Gitana project to the southeast. 

Trace of 20km Caldera Margin with high potential for undiscovered Bonanza grade epithermal Systems.

EXPLORATION

Two rounds of reconnaissance mapping and geochemical sampling that have revealed widespread metal anomalies in multiple areas on its Yautepec project. The exploration efforts are being focused on a 22-kilometer zone consisting of a geological structure similar to those known to host bonanza type epithermal systems at the nearby producing San Jose (Fortuna Silver Mines Inc., TSX: FVI) and Arista-Switchback (Gold Resource Corp., NYSE: GORO) mines.


<< Previous
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities