Surface sampling by Continental (Figure 1) and widespread recent informal mining activity in the western San Agustin area are consistent with vertical extents for some the San Agustin vein families of up to 900 metres and the vein systems are open to depth, as well as to the west and east.
BUSY329, to the north of the end-hole of BUSY324 (Figure 1) intersected a broad zone of low grade gold and copper mineralization, from 1,126 metres down-hole, 113 metres @ 1.2 g/t gold and 0.1% copper. This mineralization is associated with fracture-controlled bioitite +/-Kfeldspar alteration and resembles mineralization encountered deep in BUSY291. The gold-copper mineralization is partly overprinted by veinlets with elevated gold and lead-zinc contents (responsible for the higher grade intervals listed in Table I) and related phyllic alteration.
Two fans, each of four drill-holes, transected the central and northern Yaragua vein families in eastern Yaragua, the more westerly drill fan continuing northwards into the eastern San Agustin area.
Within the Yaragua mineral resource envelope, drill-holes generally encountered vein grades and thicknesses similar to those of the current mineral resource model. Drill-hole intercepts exhibiting substantially greater apparent thicknesses and/or higher grades than the current mineral resource model include:
-- 5.17 metres @ 5.2 g/t gold and 3 g/t silver (BUUY091, from 129.37 metres down-hole, San Antonio vein, elevation of 1,256 metres)-- 3.0 metres @ 11.6 g/t gold and 26 g/t silver, including 1.2 metres @ 25.5 g/t gold and 49 g/t silver) (BUUY095, from 65.60 metres, VNB package, elevation 1,323 metres)-- 4.4 metres @ 6.1 g/t gold and 9 g/t silver (BUUY095, from 140.6 metres, San Antonio, elevation of 1,258 metres)-- 12 metres @ 8.2 g/t gold and 120 g/t silver, including 1.5 metres @ 44 g/t gold and 1,770 g/t silver) (BUUY097, from 15.0 metres, PRE-VNB packages, elevation of 1,370 metres)-- 6.55 metres @ 13.7 g/t gold and 18 g/t silver, including 1.65 metres @ 43 g/t gold and 23 g/t silver) (BUUY097, from 50.15 metres VNC, elevation of 1,350 metres)-- 5.4 metres @ 6.7 g/t gold and 13 g/t silver, including 1 metre @ 30.7 g/t gold and 52 g/t silver) (BUUY097, from 82.6 metres, San Antonio vein, elevation of 1,332 metres)-- 3.8 metres @ 5.3 g/t gold and 41 g/t silver, including 0.8 metres @ 18.6 g/t gold and 180 g/t silver (BUUY098, from 3 metres, MU3 vein, elevation of 1,380 metres)-- 5.8 metres @ 7.6 g/t gold and 52 g/t silver, including 1.4 metres @ 23.8 g/t gold (BUUY098, from 36.1 metres, VNC, elevation of 1,366 metres)
Drill-holes in both fans in eastern Yaragua extended several of the northern vein sets to depth and/or along strike. Intercepts outside of the current mineral resource model include:
-- 0.39 metres @ 0.7 g/t gold and 829 g/t silver and 5.1 metres @ 3.0 g/t gold and 81 g/t silver, including 1.6 metres @ 6.2 g/t gold and 224 g/t silver (BUUY091, respectively from 315.66 metres and 340.5 metres down- hole, VND package, mean elevation of 1,075 metres)-- 4.5 metres @ 5.4 g/t gold and 9 g/t silver, including 0.85 metres @ 16.7 g/t gold and 8 g/t silver (BUUY093, from 107.5 metres, VND package, elevation of 1,312 metres)-- 1.4 metres @ 9.5 g/t gold and 2 g/t silver (BUUY095, from 211.4 metres, VND package, elevation of 1,197 metres)-- 27 metres @ 9.5 g/t gold and 54 g/t silver, including 2.5 metres @ 86.5 g/t gold and 87 g/t silver (BUUY095, from 249.0 metres, VNA package, elevation of 1,166 metres)-- 4.5 metres @ 4.1 g/t gold and 83 g/t silver including 1.1 metres @ 12.5 g/t gold and 257 g/t silver (BUUY096, from 269.70 metres, VND package, elevation of 1,138 metres)-- 41.2 metres @ 3.9 g/t gold and 31 g/t silver, including 1.2 metres @ 35.8 g/t gold and 267 g/t silver (BUUY096, from 288.0 metres, VNA package, elevation of 1,112 metres)-- 1.7 metres @ 25.3 g/t gold and 84 g/t silver (BUUY097, from 68.30 metres, HWV package, elevation of 1,339 metres)
