EXPLORATION 1999 — Borneo Gold finds target in Chile

A drill program by Borneo Gold (BNO-V) will test a newly outlined gold-silver target at the Toro project in Chile’s Maricunga district.

The Toronto-based junior’s program is aimed at identifying high-sulphidation deposits similar to those found at the producing La Coipa silver-gold mine, also in Chile.

The central part of the Toro property is underlain by a circular rhyodacite dome which intrudes a sedimentary rock package consisting of red and grey sandstones. Faults cross the sediments and intrusives, while silicification and brecciation follow the structural trend.

Trenches and access roads spanning 2.2 km were built at the site, and 450 samples were taken over a strong silver-gold geochemical soil anomaly that extends over an area of 1 km by 800 metres.

Individual trench samples taken from bedrock in a large, central rhyodacite dome ranged from 1 to 88 grams silver per tonne. Chip samples returned 18 metres of 14 grams, 20 metres of 15 grams, 14 metres of 11 grams, and 38 metres of 14 grams silver.

In one trench, samples taken from sediments below the rhyodacite dome assayed 24 metres of 0.44 grams gold and 25 grams silver. The high-grade values are reported to be related to northeast-north-northeast structures.

Trenching to date has extended the mineralized zone over an area measuring 600 metres wide by 400 metres long.

Print


 

Republish this article

Be the first to comment on "EXPLORATION 1999 — Borneo Gold finds target in Chile"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close