A program of mapping, geochemistry and ground geophysics is being planned by Carson Gold (VSE) for early next year on the Morawana concession in Bolivar state, Venezuela.
Already active in the South American country, Carson Gold recently signed a letter of intent with a Venezuelan company to acquire a 100% interest in the gold rights of the Morawana concession five kilometres west of the interstate highway.
The 1,000-hectare land package is also two kilometres south of Placer Dome’s (TSE) Cristina concession where more than 7,000 metres of drilling is reported to have been completed. Targets at Cristina are described as 10-20-metre-wide shear zones averaging 10 grams gold per tonne, as well as bulk-tonnage gold stockworks.
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