Minera Alamos uncovers new gold system at La Fortuna

8th December 2017 By: Henry Lazenby - Creamer Media Deputy Editor: North America

VANCOUVER (miningweekly.com) – A compilation of historic information for the extended Minera Alamos project area has found evidence of significant near surface disseminated gold/silver mineralisation with “heap leach style” intervals of up to 50 m in width, TSX-V-listed Minera Alamos reported on Thursday.

The mineralised trend lies about 1 300 m southwest of the company’s La Fortuna Main Zone resource. Rock sampling in recent months surrounding the new target zone has returned assays up to 8 g/t gold and 30 g/t silver over a mineralised area of about 500 m x 300 m.

“This new discovery area now named La Pista was an unexpected and exciting result of the recent work the company’s exploration team undertook at the La Fortuna project,” stated VP of exploration Miguel Cardona.

He added that all of the areas targeted for Phase 1 drilling at the start of 2018 show significant potential to host new mineralised resources and none of them have been subjected to any modern exploration or drilling activity.

Meanwhile, the company is also actively proceeding with the setup of a field office near its newly optioned Guadalupe de Los Reyes project, also in Mexico. Current plans are for the new field exploration manager to be in place for the start of 2018.