TGW active at Dona Amanda

Drilling has started at the Dona Amanda copper project in the Dominican Republic.

Under operator TGW (GWC-V), the program will test a series of induced-polarization (IP) anomalies, extending on a 4-km strike length from the known Dona Amanda mineralization, where a preliminary inferred resource of 45 million tonnes grading 0.45% copper and 0.22 gram gold per tonne was outlined in an earlier, 11-hole program. The mineralization consists of supergene-enriched material overlying a low-grade primary copper sulphide zone in epithermal veins in dacite porphyry and tuff.

A second resource has been previously drilled off at the Managua prospect, 3 km west of Dona Amanda. There, a series of nearly vertical quartz veins hold an inferred resource of 4.9 million tonnes grading 1% copper, 2 grams gold and 5 grams silver per tonne.

TGW’s Dominican Republic properties were acquired with the purchase of Minera Dominicana, a former subsidiary of Falconbridge (FL-T). The assets include nine exploration concessions, including three (Managua, Rincon Abajo and Trinidad) that cover a large part of the Managua volcanic complex, 50 km east of the large Pueblo Viejo gold deposit, where, last July, Placer Dome (PDG-T) won the right to bid on ownership.

Pueblo Viejo holds a resource of 544 million tonnes grading 2 grams gold and 12 grams silver per tonne. Between 1975 and 1993, Pueblo Viejo produced 5 million oz. gold and 22 million oz. silver.