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Latin Metals Samples High-Grade Gold at the Fiorentina Property, Santa Cruz, Argentina
VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces that i
About this update from Latin Metals Inc
[{"type":"text","content":" VANCOUVER, British Columbia, July 20, 2020 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces that it has received results of rock sampling undertaken at the Fiorentina and Fiorentina Norte properties (“Fiorentina”), Santa Cruz Province, Argentina. Fiorentina is contiguous with the Los Cisnes property held by New Dimension Resources (“NDR”) where mineralization was discovered initially at the Brio vein and later at the Bagual and Potranca veins. Results have been received for rock samples (Tables 1 and 2) highlighting silver and gold mineralization at the Central and Tordillo vein zones (Figure 1). The area is prospective for epithermal silver and gold vein mineralization. Fiorentina Project The Fiorentina project (Figure 2) is located in the eastern portion of the prospective Deseado Massif, 50km south of Yamana Gold’s Cerro Moro mine. Mapping to date has highlighted the prospective potential of the Fiorentina property, especially the western vein zones, which are contiguous with the NDR Los Cisnes project. In the Central and Tordillo zones, mineralogical characteristics and alteration indicate a relatively high level, low-sulphidation-type epithermal environment. This includes the appearance of chalcedonic silica and fine-grained drusy quartz in distinct pulses, hydrothermal brecciation with two microcrystalline silica generations and traces of disseminated pyrite in matrix, together with illite alteration and the occurrence of jarosite and goethite in the quartz veins. The potential of these zones is further emphasized by several strongly anomalous gold assays as well as moderately elevated pathfinder element values. Central Vein Zone The Central vein zone is located approximately 1km east of the Potranca vein zone, which is located on the contiguous NDR property. The Central zone is characterized by a subvertical to steeply northeast dipping quartz vein, typically 25 to 45cm wide vein at surface and frequently split into various splays or displaying a pinch-and-swell pattern. Locally up to 3 silica pulses have been observed, including in places a dark grey silica phase with traces of disseminated pyrite. The vein is commonly brecciated, showing crackle and clast supported breccia textures, often with silicified wall ro...