Triton starts trenching at Topacio gold project

The Topacio gold project in southeastern Nicaragua is gradually taking shape under the direction of Triton Mining (TSE).

Previous work, in the mid-1980s, identified a probable resource of 559,000 tonnes averaging 6.1 grams gold per tonne and a possible resource of 5.2 million tonnes averaging 5.96 grams.

Triton can earn a 75% interest by paying US$210,000 and spending US$750,000 over two years. Upon completion of a feasibility study, an acquisition payment of US$250,000 is required.

The 400-sq.-km concession hosts a series of northeast-to-southwest-trending quartz veins which Triton is assessing by means of mapping and surface trenching. The company is also extending and resampling several old trenches in an effort to test for mineralization in the altered wall rocks.

Selected sampling results from trenching on the Topacio vein ranged from 1.9 metres of 19.4 grams to 11 metres of 22.7 grams. The Dos Amigos vein returned values of between 5 metres of 7.5 grams and 3 metres of 18.5 grams, and the Mico vein yielded between 1.2 metres of 2.6 grams and 8 metres of 23 grams.

Additional trenching values included: 6.5 metres of 5.9 grams for the May Flower vein; 6.5 metres of 15.1 grams for the Lone Star vein; 1.5 metres of 0.6 gram and 1.3 metres of 4 grams for the Nevada vein; and 4.3 metres of 7.6 grams for the Little Betsy vein.