TSXV:MDM - Post Discussion
Post by
Oldschool2022 on Dec 06, 2022 6:57am
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.
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