Geological tests at Guadalupe de los Reyes indicate high-grade mineralisation
JOHANNESBURG (miningweekly.com) – Geological mapping and rock sampling along several structures at junior mineral exploration and development company Cangold’s 6 302 ha Guadalupe de los Reyes (GDLR) gold/silver project, in Mexico, have again returned high-grade gold and silver assays, the company announced on Tuesday.
During these tests the project’s Noche Buena, San Miguel, Zapote North and South, Las Primas and Mariposa structures were examined to check for geological continuity, potential extensions, gaps in drilling, vein textures and alteration.
Cangold said this was critical information as the next phase of surface work would entail prefeasibility stage drilling focused on increasing the project’s mineral resource confidence, drilling extensions of known zones laterally and at depth, and drilling for metallurgical sampling.
“We are highly encouraged by the consistency and widespread nature of high-grade mineralisation on the GDLR property. With this information in hand, we are laying the groundwork for a prefeasibility study, which is the next step in our advancement of the project,” Cangold president and CEO Robert Archer commented.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation