The Conversation (0)
Source Exploration Corp. (TSXV:SOP) announced that its wholly-owned Mexican subsidiary Roca Verde Exploration de Mexico has acquired, through staking, the San Valentin concession which contains 345.18 hectares and hosts a skarn system with high-grade magnetite as well as gold, silver and copper mineralization.
As quoted in the press release:
Surface exploration shows the gold – silver – copper bearing skarn discovery at Las Minas trends onto the new property.
The new project area will be field tested in conjunction with the pending Phase 3 drill program at Las Minas.
Source President and CEO Brian E. Robertson said:
“We are pleased to acquire this concession, which is the on-strike continuation of the skarn system at Las Minas. Our initial sampling results indicate that the iron mineralization is high-grade, assaying up to 58.3% iron. The presence of a historical past- producing iron mine on the concession gives us a great starting point. We plan to explore the property for gold, silver and copper skarn mineralization as well as evaluate the potential for Direct Shipping Ore at the property.”
Click here to read the Source Exploration (TSXV:SOP) press release