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Molten Metals Awarded the Trojarova Antimony-Gold Mine in Slovakia
Vancouver, B.C. - TheNewswire - October 12, 2022 – MOLTEN METALS CORP. (the “Company”) (CSE:MOLT), is pleased to announce that its wholly-owned subsidiary, Slov
About this update from Molten Metals Corp.
[{"type":"text","content":"Vancouver, B.C. - TheNewswire - October 12, 2022 – MOLTEN METALS CORP. (the “Company”) (CSE:MOLT), is pleased to announce that its wholly-owned subsidiary, Slovak Antimony Corp., has been awarded the exploration license for the Trojarova Antimony-Gold Mine near Pezinok in Western Slovakia. The Trojarova license is located some 15 km north of Bratislava. The license awarded covers the historic resource and numerous historic mining works in the ore-district. Figure 1: Location map of Trojarova license with historic drillholes and mining works. Past Exploration/Development The Trojarova locality is situated northwards from Sb-Au deposit Kolarsky vrch in one of productive zones of a larger area between the towns Pezinok and Pernek in Male Karpaty Mountains. Positive geochemical anomalies were detected in exploration boreholes and subsequently the Trojarova adit was constructed in order to investigate the Au-As and Sb mineralizations. The drillholes had intercepted a high-grade Sb mineralization, which was to be opened by the adit. The adit started to be excavated in the 1990s funded from the State budget, until a German investor entered the project. However, the investor did not fulfil his financial obligations at an advanced stage of the underground construction and the project was halted. Therefore, the adit had not yet reached the part of the deposit with the high-grade ore. The length of the adit is about 700m. And there exists a Lidar survey for the Trojarova claim. Image 1: The portal at Trojarova Image 2: The underground workings at Trojarova Historical Resources Several historical resources have been calculated using the Soviet-style classification of mineral deposits: The first was in 1989 based on initial drilling program, where they defined blocks of 1.665 million tonnes @ 2.77 % Sb & 0.81 g/t Au* The second resource was calculated in 1992 based on previous results and infill drilling: 0.831 million tonnes @ 5.645 % Sb & 0.676 g/t Au* The most recent resource estimation from 1995 reflected the data obtained from the underground exploration by the Trojarova adit. Exploration was prematurely terminated before drill-verified rich ore was accessed and therefore the reserve estimate is more pessimistic: 0.415 million tons @ 0.162 % Sb and 1.148 g/t Au. The exploration project was also primarily aimed on Au-As ore ...