The directors continue to interpret Rumri as a gold-bearing sheeted vein
complex in a reduced intrusion and believe that it has the potential of hosting a significant gold deposit.
Subsequent detailed mapping and surface rock-chip sampling has defined a target with surface dimensions of 400 metres long by up to 150 metres wide, within which there are a myriad of small veins and sheeted vein
Drilling intersected a sheeted vein
system with silica and carbonate alteration.
These can consist of either individual veins such as at Sendim; clusters of quartz veins such as at Santo Antonio (13 veins), Ferronha and Dacotim (3 main veins each); or sheeted vein
systems with or without associated greisen envelopes, such as respectively at Turgueira and Marofa.
is pleased to announce that it has received a Technical Report dated 18th April 2012 (the Report) on its sheeted vein
structure known as "Main Zone" on its Longstreet property in Nye County, Nevada.
0 meter wide, NE-trending, granitoid hosted, structural corridor appearing to encompass at least five (5) distinct, gold-bearing, sheeted vein
zones ranging from 1.
All of these sheeted vein
zones are exposed on low ridges along the trace of the vein system, and each exposure is approximately 300 metres long.
A new prospect, Cerro de los Hilos (Hill of the Stringers), 2 kilometres south of Palmarejo, is a bulk tonnage, moderate grade target where previously completed surface trenching outlined a series of moderate grade, sheeted vein
sets that combine with intervening wallrock for over 100 metres in true width.
It is clear the narrow sheeted vein
style of the gold mineralisation defeated the old timer.
Reports by the Bulgarian geologists indicate that gold mineralization occurs in a sub-vertical sheeted vein
system within a broad zone of quartz-sercite-carbonate-sulphide alteration measuring 1.
Discovery of multiple exploration plays at or near surface including mineralised dykes many metres wide, mineralised structures several hundred metres long, sheeted vein
deposits, high-grade narrow veins and shoots in granite and disseminated gold in granite, including:
Quartz-hematite-sulfide (oxidized) stockworks and sheeted vein
structures are found throughout the area.