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TATASCAME
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Key Facts
Location:
Nicaragua
140 km NW of MANAGUA Commodities: Gold
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Comparable Properties
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Latest Information May 31, 2005 The company has reported significant assay results from the project. The most significant intersection was in the furthest west Hole T-09 that cut 9.43 g/t gold over 5.3 metres, including 13.01 g/t Au over 3.6 m. Additionally, Hole T-10, located 50 metres east and drilled 50 metres vertically deeper than Hole T-09, intersected 5.8 g/t Au over 2 m within a broad zone of 3.1 g/t Au over 4.5 m. These intersections indicate that the gold mineralization is open toward the west and is open for expansion to depth. A total of 1,063 metres of drilling were completed in 10 holes, which proved the extension of the Cristalitos structure over a length of 200 m and to a depth of 150 m. During the period 1936 to 1955, Noranda Mines Ltd. produced 600,000 ounces of gold from approximately 1.7 million tonnes with an average grade of 0.39 ounce of gold per ton at the La India mine. Production was curtailed in 1956 when the mill was destroyed in a flood.  May 26, 2005 Gold-Ore Resources has reported significant assay results from its Tatascame gold project in Nicaragua. The most significant intersection was in the furthest west Hole T-09 that cut 9.43 g/t Au over 5.3 m, including 13.01 g/t Au over 3.6 m. Additionally, Hole T-10, located 50 m east and drilled 50 m vertically deeper than Hole T-09, intersected 5.8 g/t Au over 2 m within a broad zone of 3.1 g/t Au over 4.5 m. These intersections indicate that the gold mineralization is open toward the west and is open for expansion to depth. A total of 1,063 m of drilling were completed in 10 holes, which proved the extension of the Cristalitos structure over a length of 200 m and to a depth of 150 m. March 31, 2005 The company completed a 10 hole drill program totalling 1,067 m testing the Cristalitos structure. The drilling confirmed the extension of the Cristalitos structure over a length of 200 m and to a depth of 150 m. The most significant intersection was in the furthest west drill hole T-09 that cut 9.43 g/t Au over 5.3 m core length including 13.01 g/t Au over 3.6 m. In addition, T-10 located 50 m east and drilled 50 m vertically deeper than T-09 intersected 5.8 g/t Au over 2.0 m within a broad zone of 3.1 g/t Au over 4.5 m. |
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