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ARCO
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Key Facts
Location:
Durango, Mexico
120 km NNW of DURANGO Commodities: Gold, Silver
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Comparable Properties
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Latest Information August 24, 2004 The second phase of rock chip sampling of the outcrop veins has been completed. The principal focus of the second phase of sampling was to test for the potential extension of the West Vein to the southeast and to further test the newly discovered southeast vein area. An additional 8 rock chip samples were taken along the southeast extension of the West Vein, over a strike length of approximately 130 meters. The successive gold assay values for these samples were again encouraging, as follows: 20.9 g/t, 0.32 g/t, 1.12g/t, 1.99 g/t, 0.31 g/t, 0.07 g/t 0.78 g/t and 0.10 g/t. The overall strike length of the West Vein now approximates 320 meters. August 24, 2004 The second phase of rock chip sampling of the outcrop veins has been completed. The principal focus of the second phase of sampling was to test for the potential extension of the West Vein to the southeast and to further test the newly discovered southeast vein area. An additional 8 rock chip samples were taken along the southeast extension of the West Vein, over a strike length of approximately 130 meters. The successive gold assay values for these samples were again encouraging, as follows: 20.9 g/t, 0.32 g/t, 1.12g/t, 1.99 g/t, 0.31 g/t, 0.07 g/t 0.78 g/t and 0.10 g/t. The overall strike length of the West Vein now approximates 320 meters. July 22, 2004 Completed the first phase of sampling of the outcrop veins. The Arco outcrop quartz veins have been sampled in a triangular shaped area measuring more than 600 m on each side. Three principal outcrop veins are present on the northwest portion of the Project. These veins tend to converge to the south, suggesting that they may intersect at depth in the underlying andesite series rocks. A total of 44 rock chip samples were taken perpendicularly across the veins, at approximately 25 m intervals, with 34 of the 44 samples returning assays ranging in gold values from 0.10 g/t to 5.07 g/t and 21 of the samples assaying over 0.20 g/t Au. The silver to gold ratio averaged 24 to 1. Of particular interest is the western most vein, where successive gold assay values of 0.426 g/t, 0.329 g/t, 5.070 g/t, 1.265 g/t and 0.848 g/t were reported over a strike length of approximately 125 m. A second area of outcrop veining was discovered to the southeast, approximately 600 m from the principal outcrop veins. A total of 3 rock chip samples were taken in this area, with reported gold assay values of 1.090 g/t, 1.945 g/t, and 1.460 g/t over a strike length of approximately 130 m. |
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