Access to the project area and drill sites is reached via a nine (9) kilometre foot path and light vehicle road. The road construction is expected to take around two months to complete.
Gaban is located in the Puno Orogenic Gold Belt (“POGB”) at the juncture of the San Gaban and Inambari Rivers, which then drain into the Madre de Dios basin where extensive alluvial gold mining covers an 1,800 square kilometre area (Figure 1 and Figure 2). The Company is investigating Gaban as a potential hard-rock source for the alluvial gold being mined at Madre de Dios and on the Gaban project itself.
Following the construction of the access road, Winshear plans on completing at minimum a 1,600m core drilling program to test several shear-hosted gold zones that have returned significant gold values in several surface channel sampling programs. Previous sampling campaigns have outlined a gold mineralized shear zone extending over a one kilometre by two kilometre area with quartz vein sampling returning gold assaying up to 11.2 g/t Au. The gold anomalous zone remains open along strike to the east and southeast.
There are several artisanal workings in the Yanamayo catchment that develop placer gold deposits where Winshear field crews have observed local alluvial miners extracting nuggets weighing up to 54 grammes. There are several prospect pits and short adits on outcropping quartz veins where visible gold has been sampled and mapped.
Winshear’s proposed Gaban drill program will be the first ever carried out on the property with the intent of testing the width of the shear zone hosting the gold mineralized quartz vein zones.
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