Drilling on the Minoro project in Honduras appears to be extending a skarn zone of copper-gold mineralization. The property is owned jointly by Champion Resources (CHL-V), Mar-West Resources (MSR-V) and Tombstone Explorations (TSO-T).
Champion is earning half of Tombstone’s 80% interest in the property, while Mar-West is funding its 20% working interest.
Three holes (96-6,7 and 8) indicate the Tatanacho zone may connect with the Montecielo zone, for a potential combined strike length of 1 km.
Previous drilling on the Tatanacho, which dates back to the 1960s and 1970s, outlined a resource of 15 million tonnes grading 0.65% copper. Gold was not assayed at the time. Previous drilling on the Montecielo zone returned up to 1.45% copper and 1.9 grams gold over 120 metres.
The three latest holes between the zones included 77 metres grading 0.63% copper and 1.05 grams gold in hole 96-6, and a 46.9-metre intersection grading 1.22% copper and 0.7 gram gold in hole 96-8.
Hole 96-5 was drilled to test the northern extent of the Tatanacho zone but returned a narrow intersection, suggesting the zone either thins out or is faulted off to the north.
Assay results from holes 96-9 through 16 on the Tatanacho-Montecielo area are still pending. In the meantime, drilling is continuing on a third zone, the San Antonio, roughly 2 km to the northwest of Tatanacho.
Complete results from holes 96-5 through 8 are shown below:
Hole Interval(m) Width(m) Gold(g/t) Copper(%) .
96-5 5.2-6.8 1.6 0.85 0.40 .
96-6 0-77.0 77.0 1.05 0.63 .
94.3-102.4 8.1 0.99 0.74 .
96-7 0-28.5 28.5 1.02 0.47 .
57.5-70.1 12.6 0.72 4.80 .
96-8 0-46.9 46.9 0.70 1.22 .
incl. 36.0-46.9 10.9 1.17 2.80 .
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