Guarco-Pajarito Vein Target (Figure 2)
The Guarco-Pajarito prospects are located 4 to 10 kilometres to the northwest and west-northwest respectively of the Yaragua vein system.
The Guarco area exhibits extensive areas of soil gold and also copper-gold anomalism spatially associated with microdiorite intrusions. The latter anomalies (greater than 500 ppm copper) are up to 200 and 500 metres in extent and overlie porphyry gold-copper style mineralization evidenced by quartz-magnetite stockworks and weak potassic alteration. Higher grade (0.5 g/t to 6.47 g/t) gold-in-soil anomalies occur within, and also separated from the broad gold and copper anomalies. Mapping and limited rock chip sampling of outcrop, trenches and artisanal workings (Table IV and Figure 2) indicate that the higher grade anomalies are associated with vein and sheeted-vein style gold mineralization (channel samples are up to 5.6 g/t gold), variably enriched in copper, zinc and arsenic. Both shallowly and steeply dipping vein sets have been observed but strike and vertical extents remain unknown. The geochemical characteristics, associated alteration and morphology of the mineralization is consistent with moderate to high temperature styles compatible with their intrusion proximal character and the deeper erosion levels inferred for the Guarco area.
Gold and copper soil anomalism is less extensive in the Pajarito area, where mineralization sampled to date (Table IV and Figure 2) appears to be of vein styles, channel samples including 10.1 g/t gold, 9.5 g/t gold and 44 g/t silver. Both steeply and shallowly-dipping vein sets have been observed in outcrop, trenches and artisanal workings. Systematic sampling of one of a family of veins with Yaragua orientations averaged 5.3 g/t gold and 33 g/t silver over an average width of 0.3 metres along 400 metres of strike length.
Table IV: Sampling Highlights, Guarco-Pajarito----------------------------------------------------------------------------SampleID Gold Silver Zinc Lead Copper Arsenic Bismuth Antimony g/t g/t ppm ppm ppm ppm ppm ppm----------------------------------------------------------------------------906219P 10.10 1.8 23 10 11 908 0.1 18.4215392P 9.50 44.2 - - - - - -215393P 7.70 43.8 - - - - - -S905236 6.47 1.6 161 11 31 42 0.5 0.6903113P 6.11 3.5 157 16 25 1586 0.1 33.3215388P 6.00 29.3 - - - - - -902579 5.55 6.3 977 61 930 251 -2.0 11.0S903263P 4.71 1.0 93 6 175 3 0.0 0.6215389P 4.70 48.0 - - - - - -906221P 3.70 1.0 60 13 15 421 0.1 22.5215390P 3.30 52.7 - - - - - -903065P 3.26 37.0 1160 243 283 1185 2.0 53.0215395P 3.20 12.5 - - - - - -215396P 2.70 22.2 - - - - - -225061 2.52 1.6 220 9 8 95 0.7 2.6906276 2.33 1.7 71 6 1023 11 0.2 2.2903105P 2.15 11.0 27 24 125 2228 0.5 117.4906335P 1.41 4.6 1610 14 4410 18.9 0.3 1.5906626 1.34 0.5 28 7 185 3 0.7 0.9906307 1.27 0.8 56 6 927 5 0.1 1.4----------------------------------------------------------------------------(i)Rock chip/ channel (Pajarito samples labeled SampleIDP) and soil samples(designated SampleID) above 1 g/t gold-equivalent (Au + Ag/50 g/t) Sampletrue widths average 0.8 metres.
