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Aura Commences Field Activities and Data Compilation for the Gold Chain Project, Mohave County, Arizona
Ottawa, Ontario--(Newsfile Corp. - December 7, 2018) - Aura Resources Inc. (TSXV: AUU) ("Aura"...
About this update from West Point Gold Corp.
[{"type":"text","content":"Aura Commences Field Activities and Data Compilation for the Gold Chain Project, Mohave County, ArizonaOttawa, Ontario--(Newsfile Corp. - December 7, 2018) - Aura Resources Inc. (TSXV: AUU) (\"Aura\" or the \"Company\") is pleased to provide an update on its recently acquired Gold Chain project located in the San Francisco district, Mohave County, western Arizona. The project is about 7 km northeast of Bullhead City and about 120 km southeast of Las Vegas, Nevada (Figure 1). The acquired property consisted of 86 unpatented claims containing numerous exposures comprised of epithermal-style gold mineralization; these are contained within an area of about 10 km2. Limited mining occurred prior to 1940 and several companies explored the area during the 1980's including: Fisher-Watt, Anaconda, Western States, Ivy Minerals and American Copper and Nickel Corp. The gold-bearing rock is characterized by quartz-calcite veinlets or stockwork in silicified, hematized, chloritized and brecciated Tertiary volcanic/intrusive and Pre-Cambrian granitic rocks. Previous exploration has employed a 'detachment' structural model owing to a close spatial relation between gold mineralization and a fault breccia developed at the Tertiary/Pre-Cambrian contact at one of the historical mines. This structure dips at 25 to 50 degrees to the west (see Figure 1). A large amount of technical data has been compiled and is currently being evaluated prior to the upcoming field program. These historical data reveal several phases of reverse circulation, air track and minor core drilling which have identified broad zones of low-grade gold mineralization, i.e. 0.5 to 1.6 g/t Au. Exploration drilling has focused on three areas, Roadside mine, Black Dyke and Gold Chain (see figure) which contain extensive exposures of mineralized quartz-calcite stockwork and breccia emerging above a broad pediment of Recent gravels. Analysis of Figure 1 suggests that gold mineralization may be focused at the intersection of a regional detachment-type structure with steeper, northeast-trending normal faults and rhyolite dikes. Similar structural intersections have been documented at the Mesquite Gold Mine located about 243 km to the south. Consequently, 14 additional claims have been located to cover new structural projections bringing the total number of claims comprising the Gold Chain...