Posts Tagged ‘Corporation’
Strait Gold Corporation announced that the latest results of soil sampling of Alicia polymetallic project located in the department of Cusco have expanded 1.600 meters east of the area known copper mineralization.
The anomaly, which is defined by copper values greater than 1.000 parts per million, now, extends to 3.4 km east-west direction.
The company’s program of soil sampling was designed to identify potential areas of copper and gold mineralization under cover to the west, northwest, east and northeast of the main center of mineralization.
The last values ??of copper include 28 samples (45 percent) with more than 500 parts per million of copper, including 20 samples (32 percent) containing more than 1.000 parts per million of copper, with a maximum of 3.820 parts per million.
The observation of rocks during the collection of soil samples indicates that 60 percent of the sampled sites contained fragments of porphyry.
While the initial drilling program completed in February 2011 successfully found scorn mineralization, recent results indicate a significant potential for a copper deposit in Alice. Read the rest of this entry »