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Minaurum Outlines Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt
(via Thenewswire.ca) Minaurum Gold Inc. ("Minaurum") is pleased to announce that it has out...
About this update from Minaurum Silver Inc.
[{"type":"text","content":"\nMinaurum Outlines Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt\n\n(via Thenewswire.ca)\n\n \nMinaurum Gold Inc. (\"Minaurum\") is pleased to announce that\nit has outlined multiple coincident geological, geochemical, and\ngeophysical targets at its 8,831-hectare Vuelcos del Destino\n(\"Vuelcos\") project in southern Mexico. The Vuelco's\nproject lies 20km from Goldcorp's 9Moz Los Filos Gold Mine within the\n15M oz Guerrero Gold Belt (\"GGB\"). The property was\nacquired from geologist David M. Jones, who is credited with the\ndiscovery of the Los Filos deposit. Drill permitting is underway.\n\n\n \nTarget identification at Vuelcos is based on the results of recent\nreconnaissance geological mapping, stream-sediment sampling and a\nproperty-wide airborne Variable Time-Domain Electromagnetic (VTEM) and\nmagnetic survey. This work has helped to confirm the similarity of\nVuelcos geology to that of the Los Filos Mine.\n\n\n \nVTEM and magnetic surveys played a significant role in the discovery\nof the multiple deposits that make up the Los Filos Mine Project. At\nVuelcos, the surveys have outlined three targets that coincide with a\n2-km diameter granodiorite porphyry stock that is typical of Guerrero\nGold Belt intrusions. Alteration and structural features within the\nstock are identical in nature to those seen in the Los Filos deposit.\nStream-sediment geochemical anomalies coincide with the stock outline\nand with geophysical targets delineated by the airborne survey.\n\n\n \nThree additional geophysical targets discovered lie in the southwest\ncorner of the property where Mezcala Formation sandstone and siltstone\noverlie limestone of the Morelos Formation. EM and magnetic anomalies\ncorrelate with the Morelos-Mezcala contact adjacent to a recently\nidentified andesite-granodiorite intrusive complex. The\nMorelos-Mezcala contact zone is the most important ore host at Torex\nGold's 3.9M oz Au El Limon and Los Guajes deposits and Cayden\nResource's Mina Verde deposit.\n\n\n \n\"The discovery of multiple significant targets at Vuelcos has\nallowed Minaurum to advance exploration to the stage of target\ndefinition and drill hole selection\", stated Darrell Rader,\nPresident and CEO of Minaurum Gold. \"Drill permitting is\nexpected to be completed during the first half of 2012.\"\n\n\n \nResource and project data...