miércoles, 31 de octubre de 2012

Sunset Cove anuncia culminación de muestreo

El presidente de la empresa minera de fondos canadienses Sunset Cove (BVL: SSM), Lorne Woods, anunció la culminación del muestreo de los canales de superficie en la estructura Lindsay, ubicado al norte del Perú, en el departamento de La Libertad. En esta se encontraron varios canales con plata, potencialmente económicas con hasta 259.2 gramos de plata por tonelada.

Los resultados muestran zonas mineralizadas con amplia cantidad de plata, zinc y cobre; así como valores anómalos de Oro, anunció Woods.


Sunset Cove Completes the Channel Sampling in the Lindsay Structure

TORONTO, Oct. 31, 2012 /CNW Telbec/ - (TSXV: SSM) (BVL: SSM) Sunset Cove is pleased to announce the completion of the surface channel sampling in the Lindsay structure at the Carolay Silver Polymetallic Property in the Department of La Libertad, Peru. Highlights include several channels with potentially economic grades of silver with up to 259.2 grams per tonne (g/t) silver (Ag) across 3.07 meters including 0.40 meters of 1308 g/t Ag and 135.1 g/t Ag across 1.42 meters in two separate trenches (Table 1).


Channel sampling was conducted in ten (10) trenches over an area approximately 32 meters wide by 42 meters long; additional sampling was conducted in a small adit. The exposed Lindsay structure and vein is approximately 830 m southeast of the main Carolay Vein and is at an elevation approximately 525 m below the exposed Carolay Vein. Please see attached map of the veins and structures.

The exposed portion of the Lindsay structure, which measures 13 metres wide and is open to the northwest, is structurally complex, containing both banded and brecciated textures, high sulphide zones and mineralized veinlets of sphalerite, galena and iron-manganese oxides. Much of the trenched and channel sampled material in the trenches is altered and potentially leached of metals.

The main Lindsay Structure has a strike of 277 degrees and a dip of 65 degrees northeast and may represent the main feeder structure to the Carolay system of veins. The channel sampling to date has yielded a number of very high-grade individual samples with potentially economic grades including the following:
  • Channel 6-B: 109.6 g/t and 134.1 g/t Ag
  • Channel 7: 1308 g/t and 253 g/t Ag
  • Channel h: 99.5 g/t Ag
  • Channel i: 93 g/t Ag
  • Channel j: 174.2 g/t Ag
  • Channel k: 569 g/t Ag
  • Channel m: 177.1 g/t Ag
"These results demonstrate that the Lindsay Structure is potentially the feeder zone to the main Carolay Vein System and yields both a broad disseminated mineralized zone of silver and base metals along with many higher grade veins and zones within the structure," said Mr. Lorne Woods, President of Sunset Cove. "The size of the area that has been sampled and its proximity to the Maria Structure and the MayLinn and MayLinn1 veins seem to outline a broad and well mineralized deep feeder zone and are changing the way we look at this part of the property."

The Lindsay structure contains veinlets that have northwest, northeast and north-south directions with silver, zinc and copper values as well as anomalous gold values (highest value of 1.99 g/t) in the quartz veinlets. Increased gold values correlate directly with high levels of arsenic in the veinlets.

  * The samples were classified in four different groups: Sulphide Structure, Hydrothermal Breccia, Low Angle Structure and Nearby Channels.

The structural Geology observed for the Lindsay structure is similar to a number of veins and structures of the Pataz Batholith, which is characterized by the presence of vein structures and stockworks with northwest, northeast and north-south directions. The mineralogy and geochemistry of the Lindsay structure (arsenic, pyrite, quartz, iron oxides, manganese and sporadically lead minerals) is also similar to that of the Pataz Batholith, where mining dates back to the 19th Century and is currently producing more than 42,000 ounces of Gold monthly. The gold in the Pataz Batholith is spatially associated with quartz and pyrite.

The widespread silver and base metal mineralization with sporadic gold values associated with the Lindsay structure likely indicate a hydrothermal flow coming up from lower levels. Gold values in the Lindsay structure are better than those of the Carolay structures located at the higher levels. The mineralogy of the Lindsay-Carolay Structure seems to be changing with depth and may indicate that better potential exists for gold lower in the system from areas that are near the San Sebastian River located at 1,800 m.a.s.l. The recent IP survey also indicates an increase in widespread chargeability with depth in the vicinity of the San Sebastian River. This could be due to alteration and/or the presence of increased amounts of pyrite.

The Huayobal Gorge, in the vicinity of the San Sebastian River, will be a priority for future exploration with a focus on alteration and structures with quartz and pyrite.

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