Uruguay Goldfields gets Mirta

Vancouver — With a previous drill program cutting erratic gold values, Uruguay Goldfields (UGI-V) is giving the Mirta property another look.

The junior has been granted a prospecting license over the 1,300-ha property, which lies 150 km west of Montevideo in the Uruguayan Florida greenstone belt.

A number of gold showings were previously identified from surface outcrops and in drilling. Mineralization occurs along a structural contact zone between granitic and gabbroic host rock units and is associated with quartz stock-working and veining.

Reverse-circulation and core drilling was carried out over a 400-metre-long gold-in-soil anomaly. It yielded several high-grade but erratic intercepts. Highlights include:

• RC-hole 1 — 14 metres grading 1.44 grams gold per tonne;
• RC-hole 3 — 21 metres grading 2.8 grams gold;
• RC-hole 15 — 21 metres grading 6.3 grams gold;
• Hole 12 — 1.7 metres grading 53 grams gold;
• Hole 20 — 10 metres grading 1.7 grams gold;
• Hole 6 — 1 metre grading 64.1 grams gold; and
• Hole 3 — 15 metres grading 19.7 grams gold.

The junior has compiled all the geological data, including 2,000 metres of core drilling, and is completing a structural evaluation ahead of a field program aimed a defining drill targets.

At the Valentines gold project in the central part of the country, Uruguay has launched a new round of rotary air-blast drilling. The 60-hole program is following up on earlier drilling, which cut up to 40.25 grams gold over 6.8 metres.