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Minsud commences Phase IV drilling at Chita Valley Project, San Juan, Argentina
Minsud commences Phase IV drilling at Chita Valley Project, San Juan, Argentina ...
About this update from Minsud Resources Corp.
[{"type":"text","content":"\n \n \n \n Minsud commences Phase IV drilling at Chita Valley Project, San Juan, Argentina\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSX-V:\n \n MSR\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n May 6, 2022\n \n \n /CNW/ -\n \n Minsud Resources Corp.\n \n (TSXV: MSR) (\"Minsud\" or the \"Company\"), is pleased to announce the commencement of Phase IV drilling program at the Chinchillones target area, part of the Chita Valley Project, located in the province of San Juan, Argentina. The program approved by Minsud and South32 Limited (\"South32\") comprises a total of\n \n 26,000 m\n \n .  The initial stage of the program will consist of\n \n 7,800 m\n \n , encompassing twelve (12) drill holes, each between 650 to\n \n 800 m\n \n depth. The principal objective is to continue testing the apparent NNE-trending epithermal and porphyry corridors delineated from the 2021-2022 drilling and mapping exploratory activities.\n \n \n The results of the\n \n 21,345 m\n \n drilled between 2020 and 2021, together with the historical results, have unequivocally confirmed the presence of a substantial Zn-Pb-Cu-(Au-Ag) system characterized by coalescing Cu-Au-Ag-Zn-Pb epithermal mineralization superimposed on a porphyry Cu-Mo-Au.\n \n \n The spectrum of mineralization styles are generally affiliated with a Miocene intrusion complex (Chinchillones Intrusion Complex; \"CIC\") encompassing diorite porphyry through to dacites emplaced into Permo-Carboniferous sediments.  This intrusion complex is largely concealed below a late laccolith body and characterized by the emplacement of multi-stage phreatic and phreatomagmatic breccias.\n \n \n \n \n Chinchillones target:\n \n Phase IV drilling program at Chinchillones target will commence with 6,500 meters (see Map 1). These drillholes, with variable depths between 650 and\n \n 750 m\n \n , have been defined to test the NE and SE extensions of high sulphidation mineralization hosted within a pervasive advanced argillic alteration zone interpreted to be related to the CIC. These were inters...