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San Lucas
San Lucas
Consists of 18 mineral concessions covering 925.32 hectares
San Lucas has two prominent major structures, the Main Shear Zone and the Rosita Structure that converge near the north end of the property
Sampling/mapping completed, drill targets identified
Initial 2,000m drill program completed Q2 2011
Similar geology to
Argonaut Gold’s El Castillo
mine
Historic exploration and development work has been done since the 1880’s.
Exploration has been conducted by Consejo de Recursos Minerals (1980), Luismin, Echo Bay (1995), Kobex Resources (1997-2000) and Minera Mantos (2000-2003)
Located 90km north of the city of Durango, Durango State, Mexico.
Click
here
to view the location map.
Easy year-round access to the property via paved Highway and roads
Mineralization
San Lucas hosts zones of silicification with minor pyrite, associated with the gold mineralization
Vein zones generally occur in Eocene Lower Volcanic Complex rocks (LVC) that are windows in rhyolitic rocks of the Upper Volcanic Complex
A 4km long, northeast-trending zone of alteration, brecciation, veining, shattering and mineralization transects San Lucas along the Main Shear Zone.
The Main Shear Zone and its alteration halo measures up to 100 metres wide over its length
Higher-grade mineralization
includes an underground sample by
Luismin
that assayed 256 g/t Au over 0.55 metres
Current drilling results indicate the best grades occurring over the northerly 800 metres of the drilled portion of the Main Shear with results of up to 3.0 g/t Au and 48 g/t Ag over 11.5 metre true width
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