The first phase of diamond drilling on the Minoro project in Honduras returned copper-gold values for Tombstone Explorations (TSE) and Mar-West Resources (VSE).
The companies, which hold the property in a respective 80-20 joint venture, drilled four holes on the Montecielo area.
Drill hole 95-1 returned 42.5 metres grading 0.9% copper and 1.45 grams gold per tonne plus a 35.2-metre intersection grading 2.17% copper and 0.29 gram gold.
Results from holes 95-2, 3 and 4, respectively, include: 48.1 metres grading 0.85% copper and 1.5 grams gold; 47.6 metres grading 0.48% copper and 0.47 gram gold; and 38.1 metres grading 0.34% copper and 0.75 gram gold.
This recent drilling, along with previous work by Kennecott and Fischer-Watt Gold, traced the Montecielo zone over a surface area measuring 175 by 100 metres down to a depth of 125 metres. The zone remains open in at least three directions.
The joint venture also drilled four holes on the Tatanacho area, returning: 71.9 metres grading 0.74% copper and 0.63 gram gold in 95-6; 20 metres grading 0.92% copper plus 0.14 gram gold in 95-7; and 78.5 metres grading 0.77% copper and 0.7 gram gold in 95-8. Results from 95-9 are still pending.
The four recent holes, combined with five previous holes drilled by Asarco and Fischer-Watt, outlined the Tatanacho zone over an area measuring 200 by 100 metres to a depth of 100 metres.
The Tatanacho mineralization is open to expansion in all directions.
In the new year, a second-stage, 5,000-metre program will test the areas further.
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