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    Virgin Metals Inc. Provides Update on Alamos Gold Project

    Investing News Network
    Oct. 12, 2011 10:30AM PST
    Industrial Metals

    Virgin Metals Inc. (TSXV:VGM) announced the details regarding initial assessment efforts at their Alamos Gold project located in Sonora, Mexico.

    Virgin Metals Inc. (TSXV:VGM) announced the details regarding initial assessment efforts at their Alamos Gold project located in Sonora, Mexico.

    As quoted in the press release:

    Highlights

    •Preliminary grab samples from the original mine waste dumps assayed up to 27.4 g/t of gold along with 210 g/t of silver;

    •Chip samples from quartz vein areas around the property were almost all anomalous in gold content (up to 2.6 g/t maximum)

    •Chip samples from the granodiorite intrusion were gold bearing (assaying up to 4.4 g/t Au). The presence of gold within the intrusion is significant as it demonstrates the potential for a larger disseminated style ore body

    Alamos Project

    The Alamos project is 300 Ha in size and located NW of Caborca in Sonora, north of significant mineralized structures being mined/explored currently by others. The property hosts the historic La Campana mine containing a series of underground adits that produced gold in the 1930′s and 1940′s.

    Click here to read the Virgin Metals (TSXV:VGM) press release. 

    Click here to view the Virgin Metals (TSXV:VGM) profile.

     

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