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Evrim Acquires Cerro Cascaron Gold Property

VANCOUVER, BC / ACCESSWIRE / January 18, 2016 / Evrim Resources Corp. (TSXV: EVM) ("Evrim" o...

articleOrogen Royalties IncorporationJanuary 18, 20165/company/orogen-royalties-inc/news/evrim-acquires-cerro-cascaron-gold-property
Evrim Acquires Cerro Cascaron Gold Property

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[{"type":"text","content":"Evrim Acquires Cerro Cascaron Gold PropertyVANCOUVER, BC / ACCESSWIRE / January 18, 2016 / Evrim Resources Corp. (TSXV: EVM) (\"Evrim\" or the \"Company\") is pleased to announce that it has acquired the Cerro Cascaron project in Chihuahua, Mexico. Cerro Cascaron is an early stage target covering 69 square kilometres of ground prospective for epithermal gold-silver deposits. The project was identified through the Company's generative programs in 2015. The property is favorably situated in the dissected volcanic terrains of the Sierra Madre Occidental in Chihuahua, approximately 70 kilometres southeast of Goldcorp Inc.'s past-producing El Sauzal gold mine. Cerro Cascaron represents one of the few untested targets in the trend. \"The geological and structural setting at Cerro Cascaron share many characteristics with other epithermal gold-silver deposits in the area including El Sauzal, Mulatos, and Ocampo,\" Evrim VP of Exploration Mexico, Alain Charest commented. \"Finding an exceptional project such as Cerro Cascaron, in an area that has seen little exploration demonstrates that there are still discoveries to be made in the Sierra Madre Occidental.\" About the Cerro Cascaron ProjectThe Cerro Cascaron project covers a historic Colonial-era mining district that contains numerous gold and gold-silver prospects with evidence of small-scale artisanal mining. The Company has identified a number of low sulphidation epithermal gold-silver targets at, or near, the unconformity between the Cretaceous to Tertiary Lower Volcanic Sequence andesites and the Tertiary Upper Volcanic Sequence rhyolites. Most epithermal gold-silver deposits found in the Sierra Madre Occidental, including El Sauzal, Mulatos and Ocampo, occur at, or near, this unconformity. Exploration work to date has outlined a primary zone called Serpiente Dorada. The Serpiente Dorada zone comprises a 200 metre by 300 metre area with multiple sub-parallel mineralized structures and breccias that cut the lower part of the rhyolite sequence. The gold-mineralized structures and breccias are associated with a sub-vertical north-striking fault, parallel secondary faults and a younger northeast-striking fault. The zone remains open along strike to the north and south. Individual mineralized structures range from one metre to ten metres in width and are silicified with quartz veins and...

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