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Mined zones and more recently discovered mineralization, shown in Fig. 1 below, are located within or near the Cerro Prieto Shear, a major north trending, near vertical shear zone up to 65 metres in width. The shear zone contains a series of major veins near its margins, along with secondary veins and zones of stringers, breccias and silicification which, with the veins, forms a mineralized system from 15 to 65 meters thick. Recent exploration has resulted in the discovery of significant mineralization in several new zones along the trend of the Cerro Prieto Shear, both north and south of the existing mine.
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FIGURE 1. Areas of past and current production along with areas of recent exploration.
Nueva Esperanza Zone Drilling
The Company has drill tested the
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IMAGE 1. Reyna zone, looking North.
FIGURE 2. Drill hole locations for the Nueva Esperanz area
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IMAGE 2. Looking north to
TABLE 1. Nueva Esperanza drilling results.
TABLE 2. Nueva Esperanza drill hole data.
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IMAGE 3. Trenching at the Reyna zone, looking North.
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FIGURE 3. Trench sample results for the Reyna zone
Recent Surface Exploration Identifies New Mineralized Zones
Cata, Coati & Cascabel Zones
Recent surface exploration up to 1.7 km south of the mine’s heap leach pads has identified the potential extension of the Cerro Prieto Shear at the Cata and Coati Zones, along with the
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FIGURE 4. Recent surface exploration at the Cata, Coati and Cascabel zones.
Table 3. Highlights of recent surface chip sampling at the Cata. Coati, and Cascabel areas.
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Quality Assurance / Quality Control (QA/QC)
An industry standard Quality Assurance/ Quality Control (QA/QC) program was followed by the Company for all seventeen
Control samples were also included for samples analyzed at the
About Goldgroup
Goldgroup is a Canadian-based mining Company that owns and operates the
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