Drill-Testing by Farallon Resources (FAR-V) has uncovered two new massive sulphide deposits at the Campo Morado property, 160 km southwest of Mexico City.
The discovery brings to five the number of gold-silver-Copper-lead-zinc deposits currently at various stages of delineation on the property.
The new Largo and Rey deposits are west of the Naranjo deposit and west of the Reforma deposit, respectively. The fifth deposit is La Suriana, 7 km south of Naranjo.
The highest-grade intercept came from hole 254 at the Rey deposit: 6.25 metres grading 6.19 grams gold and 339.7 grams silver per tonne, as well as 0.57% copper and 7.9% combined zinc-lead.
At the Largo deposit, hole 261 intersected 67 metres of 1.57 grams gold, 95.2 grams silver, 0.71% copper and 4.14% zinc-lead.
The 277,335-ha property comprises nine concessions in a mountainous, geologically prospective region called the Teloloapan Subterrane. Most of the rocks are Upper Jurassic to Mid-Cretaceous in age.
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