Cuervo Project Highlights
Sixteen square-kilometre gold anomaly developed in basal till with geochemistry indicative of a buried epithermal system
Scale and tenor of till anomaly comparable to
The till source region correlates with magnetic low and high chargeability parallel to an up-ice regional-scale structure
Historic drilling on the peripheries of the geochemical and geophysical anomaly intersected epithermal veins with anomalous gold and silver values
Core of geochemical anomaly and geophysical target ready for drill testing
Cuervo was acquired through staking under Orogen's generative exploration programs
Since 2017, Orogen's technical team have been exploring in the Nechako Plateau; understanding the opportunities of prospecting in till covered terrane guided by the Geoscience BC TREK dataset' commented
About the
The nearly 6000-hectare Cuervo project is located in northern
The property contains a sixteen square-kilometre gold in basal till anomaly. The gold anomaly correlates with anomalous silver, arsenic, and antimony, all geochemical indicators of a buried epithermal system. The scale and tenor of gold anomalism at Cuervo is comparable to
The well-defined source region of the basal till anomaly correlates with a magnetic trough - inferred to be related to the regional Tatuk fault - and an open-ended area of high conductivity and strong chargeability. Historic drilling on the periphery of the geophysical and geochemical anomaly intersected epithermal style veining with sulphides throughout the hole, anomalous gold and silver values (up to 0.15 g/t gold, 6.6 g/t silver over 8 metres), and highly enriched arsenic and antimony. The alteration and mineralization were described as resembling a silicified, high level sulphide cap atop a buried epithermal system2.
Early indications are that Cuervo mineralization may be epithermal in nature and given the approximate two-kilometre extent of the associated chargeability and size of the gold-till anomaly it more likely represents a bulk system of alteration and mineralization rather than discrete veins.
About
Contact:
Tel: 604-248-8648
Forward-Looking Information
This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this presentation, other than statements of historical facts, that address events or developments that
Although the Company believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
(C) 2023 Electronic News Publishing, source