Vancouver-based junior explorer Dynasty Metals & Mining (DMM-V) has announced encouraging results from ongoing trenching and soil sampling on its Papayal porphyry discovery in southern Ecuador.
Dynasty describes the Papayal cluster of porphyries as representing one of several porphyry copper-gold-silver systems recently discovered within its 100%-owned Dynasty copper-gold belt in the southern reaches of the country.
Overall, the Dynasty project now occupies a north-easterly trending corridor spannning 90 km in length and 20 km in width.
In this latest effort, Dynasty targeted an 800-metre-long, north-trending quartz stockwork located in the southern portion of Papayal. This stockwork, dubbed “no. 3”, is one of six associated high-grade gold-silver quartz stockworks identified to date at Papayal.
Dynasty’s program included 3 line-km of soil sampling and 300 metres of trenching.
Assays from channel sampling taken across the porphyry ranged up to 6 grams gold per tonne.
Dynasty says that trenching on Stockwork no. 3 has exposed intense alteration zones with significant quartz stockworks over a 200-by-800-metre area that is still open in all directions.
Highlights from the trenching include 13 metres of 6.54 grams gold per tonne and 18 grams silver in trench 9, and 24 metres of 1.53 grams gold and 55 grams silver in trench 1.
Trenching is continuing to the north for another 300 metres towards previous channel samples, and the company is preparing for follow-up drilling.
Dynasty also reports that sampling at Papayal has identified a new copper-soil anomaly. It is 1.3 km long with copper values varying from 70 to 124 ppm, in the northwest portion of the Papayal soil grid.
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