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Terreno Resources Stakes New Concessions at the Las Cucharas Gold and Silver Project
(TheNewswire) TORONTO, CANADA – TheNewswire - March 29, 2021 - Terreno...
About this update from Terreno Resources Corp.
[{"type":"text","content":"Terreno Resources Stakes New Concessions at the Las Cucharas Gold and Silver Project\n \n \n (TheNewswire)\n \n \n \n TORONTO, CANADA –\n \n \n TheNewswire -\n \n \n March 29, 2021 - Terreno Resources\nCorp.\n \n \n (TSXV:TNO.H) (“\n \n \n Terreno\n \n \n ” or the\n“\n \n \n Company\n \n \n ”) is very pleased to announce that two (2) new concessions\nhave been applied for at the Las Cucharas Gold and Silver Project in\nNayarit, Mexico.\n \n \n \n \n Applications were delivered to the Tepic, Nayarit\nregional DGM (Direccion General de Mineria) office last week for the\n“Las Palmas” (10.0340 Ha) and “La Italia” (335.5595 Ha)\nconcessions shown highlighted in green on Map 1 below. The areas were\nstaked in order to cover portions of previously existing concessions\nregistered to other entities which had since lapsed. These new areas\nwere not originally awarded as part of the Las Cucharas concessions.\nApplication for these areas does not guarantee grant of title by the\nMexican DGM. Management believes that there is great potential value\nin consolidating the Las Cucharas exploration district.\n \n \n \n \n Field crews continue with sampling and mapping projects\nwith the objectives of modeling the property-wide Las Cucharas Gold\nand Silver Project, locating the strongest mineralized zones, defining\ndrill targets for future testing, and evaluating potential new targets\nin the area. Terreno’s exploration advances at Las Cucharas\n \n \n highlight the excellent precious metal potential\nof this mineralized belt.\n \n \n \n \n The Las Cucharas Project represents a historical gold\nand silver mining area with well documented small-scale production\nfrom 1903 through 1961 of 3,000 kilograms of gold (96,450 oz) and\n30,000 kilograms of silver (964,500 oz) (Vargas, 1994). This figure\nrepresents historical documented mine production and is not an\nindication of NI 43-101 compliant resources. Las Cucharas is located\nin the southern extreme of the mid-Tertiary Sierra Madre Occidental\n(SMO) volcanic belt, which is a prolific mining terrain host to many\nworld-class multi-million ounce gold and silver deposits. Some\nexamples include El Sauzal, Pinos Altos, Metates, and San Dimas.\n \n \n \n \n The Las Cucharas Project is classified as a\nvolcanic-hosted low-sulfidati...