Zacapa Resources (TSXV: ZACA | OTCQB: ZACAF | DE: BH0) has provided an update on exploration activities at its 100% owned Dewdrop project in Nevada.
The company originally acquired and then expanded the Dewdrop project in Q4 2020, based on outcropping albite alteration and copper-gold mineralization near the historic Flyboy copper-uranium mine and the concept of a Yerington-like system tilted on its side, with shallow gold mineralization to the west, and a porphyry copper target concealed further east.
Following a programme of reconnaissance scale mapping, sampling and geophysical surveys completed in Q4 2021, the company acquired and staked additional claims at the project, taking their land position from 48km 2 to 72.8km2, with 915 claims staked.
Mapping and sampling continue at the project, with over 1,200 geochemical samples collected to date, comprised of 690 soil samples and more than 510 rock grab samples.
As part of the recent acquisition of additional claims, the Zacapa team has acquired some historical sampling data, which has reportedly identified several prospective targets with up to 46g/t Au and 4.2% Cu.
Results of a 388 line-km ZTEM and magnetic geophysical survey, carried out by Zacapa, show structural complexity and a deep conductivity feature in the east. These results are in the process of being interpreted in conjunction with other incoming geochemical results.
Mineralogy was also mapped by hyperspectral remote sensing and is being utilized to aid in mapping. The company has focused its mapping on prospective target areas at Hacksaw, Io, Flyboy, and Showdown, which display copper and gold mineralization and distinctive zones of alteration.
The Dewdrop project contains numerous historic workings and broad zones of albite-epidote-chlorite alteration and biotite-magnetite alteration with copper occurrences in veins and along fracture surfaces. The company believes that alteration at the project shows similarities to sodic-calcic and potassic alteration documented at other porphyry copper deposits in the Yerington District.
“Zacapa has consolidated a dominant land position in the prolific Yerington District with encouraging copper and gold anomalies at surface. Our exploration team is working diligently to test the project area extensively and interpret mapping, geochemistry, and geophysics data sets to identify the most prospective drill targets,” comments CEO and Director, Adam Melnik.
For further information please visit: https://zacaparesources.com/
