Encouraged by assays from its Guadalupe prospect in northwestern Mexico, Bishop Resources International Exploration (CDN) says exploration will continue.
Initial samples of high-grade material returned assays averaging 0.7 oz. gold per ton.
Bishop has cleared roads to two showings on the property, 160 km east-southeast of Hermosillo. In addition, it has brought in a concentrator capable of processing 10 tons of material per hour.
The company has carried out an extensive airborne geophysical survey and further outlined several epithermal-style targets.
Bishop plans to complete geological mapping, sampling and prospecting to define the best locations for percussion and diamond drilling.
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