Condor Gold (AIM:CNR) announced that soil sampling has been completed at La India Project in Nicaragua and three anomalous zones that may indicate the presence of hidden/buried gold mineralised breccia zones have been discovered.
As quoted in the press release:
- Three soil geochemical anomalies identified within 1200m by 500m area containing the Central Breccia Prospect.
- Potential for 3 additional breccia pipes within this area.
- Significant, as the location is interpreted the structural centre of La India Gold District
Condor’s Chairman and CEO, Mark Child, said:
The Central Breccia is interpreted as a breccia pipe with a surface area of 300m by 150m. The recently conducted soil sampling programme has identified 3 geochemical anomalies, which may identify 3 additional breccia pipes within an area of 1200m by 500m containing the Central Breccia. It is important to emphasis that this hydrothermal breccia area, containing pyrites, is a very different gold mineralization than the epithermal gold mineralization that contains the bulk of Condor’s 2.4M oz gold at 4.6g/t resource within La India Project.
|Otis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.|