IMA Exploration (IMR-V) has released a second batch of channel-sampling results from the new Loma de la Plata and Sector Zeta targets on it’s Navidad project in Patagonia, Argentina.
The latest round of sampling over a 400-metre-by-400-metre area at Loma de la Plata has yielded:
- 103.3 metres grading 290 grams silver per tonne on line LP-2;
- 49.5 metres of 410 grams silver on line LP-9; and
- 56.0 metres running 452 grams silver on line LP-10.
The results compare well with results released late last year.
The Loma de la Plata zone comprises quartz-eye latite volcanic rocks that dip gently to the northeast. Mineralization occurs in micro-veinlets and breccia zones and consists primarily of minor galena and copper oxides with common native silver.
At Sector Zeta, 7 sample lines ranging in length from 6.7 to 60 metres have been completed over an area measuring 80 metres by 100 metres. Highlights include:
- 8.0 metres of 105 grams silver and 1.1% copper on line Z-5;
- 12 metres of 112 grams silver and 1.1% copper on line Z-6; and
- 12 metres of 133 grams silver and 3.3% copper on line Z-7.
Mineralization at Sector Zeta predominantly consists of green copper oxides within argillicly altered latite volcanic rocks that are often brecciated. IMA believes the host units are part of the same volcanic unit that hosts mineralization at Galena and Navidad Hills and Loma de la Plata.
At last count, the three main deposits at Navidad – Galena Hill, Navidad Hill and Connector – were home to an updated indicated resource totalling 80.8 million tonnes grading 103 grams silver per tonne. Loma de la Plata and Sector Zeta are situated about 4 km and 5 km to the west of Galena Hill.
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