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    Revelo Resources Defines New Copper Target at Block 2

    Teresa Matich
    May. 24, 2016 09:41AM PST
    Base Metals Investing

    Revelo Resources (TSXV:RVL) has defined a new drill target with potential for porphyry copper discovery at its wholly owned Block 2 copper project. The project is located 45 kilometers northwest of the Escondida mining district. As quoted in the press release: Revelo recently completed detailed geological and hydrothermal alteration mapping over key portions of Block …

    Revelo Resources (TSXV:RVL) has defined a new drill target with potential for porphyry copper discovery at its wholly owned Block 2 copper project. The project is located 45 kilometers northwest of the Escondida mining district.
    As quoted in the press release:

    Revelo recently completed detailed geological and hydrothermal alteration mapping over key portions of Block 2, and principal conclusions of the work include:

    • The definition of an elongate zone of quartz-alunite alteration, extending over at least 3.5 km in Paleocene-aged volcanic rocks, which represents the eroded remnants of a much larger, pre-existing “lithocap” related to a possible porphyry copper system.
    • Hydrothermal alteration vectors including high-temperature alunite, together with geochemical vectors including molybdenum and zinc, suggest that a possible source porphyry copper system is located to the east or northeast of the altered outcrops.
    • An interpreted, westward-verging post-mineral thrust fault to the east of the altered outcrops has translated barren volcanic rocks over the proposed porphyry copper target area and thus obscured it from surface examination.
    • A previously untested porphyry copper target is interpreted to lie within the lower plate of a postmineral thrust fault, with barren volcanic rocks in the upper plate, and with peripheral hydrothermal alteration and mineralisation typical of porphyry copper systems exposed to the west of the thrust fault.

    Revelo President and CEO, Tim Beale, said:

    The Los Morros target within our Block 2 property lies along the north-western extensions of the Escondida fault zone. The evidence for a porphyry copper target obscured by a thrust fault to the east is compelling, and has never been tested by drilling. Geology, structure, alteration and geochemical zonation patterns support the model. We will look for a partner to test the target, which is located along a segment of one of the world’s most prospective belts for major copper deposits.

    Click here for the full press release.

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