Drilling 3,000m Programme at Rumiñahui
Salazar Resources Ltd (TSXV: SRL) (OTCQX: SRLZF) has started a 3,000m diamond drill programme at its 100% held Rumiñahui project in northern Ecuador.
Highlights
- The Rumiñahui concessions cover 2,910 hectares and exhibit several historic adits and workings at the company’s primary target, the San Francisco anomaly
- Mapping and sampling have indicated the presence of gold-bearing sulphide mineralisation, porphyry-style alteration, multiple shear and breccia zones, and veining
- Trench results include 55 m @ 2.76 g/t Au at surface
President and CEO, Fredy E. Salazar, said the style of the gold and copper mineralisation seen at surface indicates that there could be a major porphyry copper system at depth.
“This drill programme is a seminal event for the company and our team has worked closely with the local community and forged strong relationships to enable the work to advance.”
Rumiñahui
The main target area at Rumiñahui is the San Francisco anomaly. The area is of interest because of the potential for additional gold-copper-(silver) mineralisation that is found in an exploration area where very little historical mineral exploration had been done.
Salazar Resources sampling in 2006 indicated 2.76 g/t of gold over 55m and the San Francisco Prospect was previously mined by informal miners. The anomaly is a large (>60 m wide) multiple shear/breccia zone with quartz breccia veins, semi-massive pyrite and chalcopyrite.
For further information please visit: https://www.salazarresources.com/
