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Madoro Samples up to 1.2 kg/t Silver and 3.97 wt% Copper in Newly Discovered Polymetallic Skarn at Yautepec Project
VANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Madoro Metals Corp. (" Madoro " or the " Compa...
About this update from Madoro Metals Corp
[{"type":"text","content":"Madoro Samples up to 1.2 kg/t Silver and 3.97 wt% Copper in Newly Discovered Polymetallic Skarn at Yautepec ProjectVANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Madoro Metals Corp. (\"Madoro\" or the \"Company\") is pleased to provide an update on further exploration results from the southern portion of its Yautepec project. As described in a prior news release dated July 6, 2021, the Company recently discovered a 7-kilometer trend of previously unrecognized epithermal alteration and mineralization along the southern margin of the Yautepec supervolcano (caldera). Based on this success, Madoro's exploration team moved further west in search of the projected limit of the caldera. The anticipated western structural boundary of the supervolcano was found and a new area of skarn-hornfels alteration and mineralization was identified through field mapping (Figure 1). Preliminary rock chip sampling of mineralized skarn in this area yielded values up to 1.2 kilograms per ton Ag and 3.97 wt% Cu from a 0.10 meter grab sample. Skarn-hornfels alteration and variably present mineralization are found over an estimated area of at least a kilometer in outcrop, subcrop, and float, but the full extent of the complex has yet to be determined and remains open.Figure 1: Yautepec Southern Area Geologic Map\"The discovery of well-mineralized polymetallic skarn along the western Yautepec caldera margin was realized through the disciplined application of Madoro's exploration model which, to date, has yielded remarkable success throughout the Yautepec project,\" said David Jones, Exploration Manager and Director of Madoro Metals. \"These results indicate that we are dealing with a large mineralized epithermal and skarn complex which is integrated by the structurally-controlled magmatic-hydrothermal system of the Yautepec supervolcano. The geology is similar in nature to that seen at currently operating mines of the Oaxaca Ag-Au polymetallic belt. Discovery of these mineralized areas is a testament to the knowledge and dedication of our field team, all of whom have been involved with significant exploration successes throughout Mexico.\"The following table summarizes rock chip geochemistry results from the western skarn-hornfels area:Yautepec Project: Western Skarn Area Rock Chip Sampling Results (n = 20 -- ALS Labs) ElementMaximum valueSamples with Signif...