The Conversation (0)
Dec. 14, 2010 06:09AM PST
Caza Gold Corp. (CVE:CZY) reports the signing of a letter agreement with Inversiones Ecologica S.A. for an option to purchase a 100% interest in the Los Andes gold property, Nicaragua.
The press release is quoted as saying:
The Los Andes high sulfidation gold system is exposed on surface as an extensive alteration zone of hydrothermal vuggy quartz, pervasive silification, and alunite associated with highly anomalous gold, silver, and trace elements. The alteration zone covers a 45 square kilometer area and measures 12 kilometers long by up to 6 kilometers wide. It is similar in size, nature, intensity, and trace element geochemistry to world class gold deposits such as Yanacocha and Pierina in Peru (see comparable maps below).
Click here to access the entire news release.