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ISLA PATRULLA

Cu
3.30
USD/lb
-2.60
red
Data as of May 23, 2013 12:00AM UTC
Au
1,388.19
USD/oz
0.09
green
Data as of May 24, 2013 04:49PM UTC
Ni
6.69
USD/lb
-2.70
red
Data as of May 23, 2013 12:00AM UTC
Zn
0.83
USD/lb
-1.08
red
Data as of May 23, 2013 12:00AM UTC


Key Facts
Status: Raw Prospect
Type of Work: Surface
Location: Uruguay
                 

Commodities: Copper, Gold, Nickel, Zinc
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Latest Information
June 30, 2005
Regional mapping and stream sampling is continuing.
November 30, 2004
Work included the ranking of geophysical targets that were previuosly identified. Initial RAB drilling has been completed at the Cuidade Prospect, where a coincident Cu-Au anomaly over 800m long x 100m wide has been defined by soil sampling. Five holes were completed (total: 120m) and the results showed that the system has a very high background in gold. The best result to date is in CDB 5 which returned 15.3m @ 104ppb in altered leucogranites adjacent to a mafic contact: Rock chip sampling has disclosed quartz veining containing up to 6 g/t Au. Infill soil sampling at Yatay Sur has further defined a low grade gold anomaly of over 1 km long by 100m wide. At the “IP Town“ project, 5 RAB holes were completed on targets defined by soil sampling. Results from the first two holes indicate the background gold values in the ultramafic/mafic sequence are 20 to 30 ppb. The best result returned was 1.7m @ 327ppb Au in hole IPB 3. The Espinosa project is located 2 km to the northeast of the township of Isla Patrulla. Results from soil sampling (on a 400m by 25m grid) have revealed a gold anomaly up to 800ppb (0.8 g/t Au) over an area of 1 km in length by 200m wide. Systematic rock chip sampling of this gossan has returned strongly anomalous gold values up to 7.9g/t Au. Two RAB drill holes have been completed on this target, returning 12 metres of 2.4 g/t Au and 12 metres of 1.5 g/t Au respectively.
May 31, 2004
Regional mapping and rock chip follow-up sampling of regional stream sediment anomalies were completed. This program resulted in the definition of 13 areas targeted for detailed field mapping and further geochemical and geophysical surveys. Work concentrated on the La Calera prospect, where gridding and soil sampling outlined a 1200m x 50m copper/gold anomaly, coincident with a strong aeromagnetic anomaly. Two stratigraphic diamond holes were drilled totaling 258 metres. Chalcopyrite and gold bearing quartz veinlets and breccia zones were observed cross-cutting a pyritic, banded siltstone sequence.

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