Mexivada Expands Clorinda Zone of Mineralization
VANCOUVER, Mexivada Mining Corp. has expanded its new Clorinda zone of quartz-ankerite-pyrite veining mineralization on its Golden Porcupine property, just south of the Dome-Aunor-Delnite mines complex of Goldcorp at Timmins, Ontario. New stripping has exposed major zones of quartz veining, presently known to be up to plus 120 metres in length and up to 15 metres width, potentially of open pit size, as shown on photographs on Mexivada's home page and Golden Porcupine. Metallic mineralization is found in outcrop, including fine-grained pyrite in massive to banded vein quartz. The lateral extent of this system of veining is interpreted to be at least 700 metres in strike length, where it appears to have been intersected in Mexivada's Rypan drillhole GP11-6, and may be over 1.1 kilometres in length. Mexivada cautions that gold fire assays are necessary to validate this as a gold discovery; sawn channel samples are being systematically taken and delivered to ISO 9001-certified labs in Timmins for assay. This appears to be the largest quartz vein system discovery made at Timmins, south of the main Destor-Porcupine Fault, in the last 75 years. This target will be drilled upon completion of this channel sampling program, in October. Core is being sawed and bagged at Mexivada's new, large, office and work/storage facility in South Porcupine, Ontario. The work effort is being supervised by A. David Heyl, C.P.G., Mexivada's Vice-President of Exploration.
St. Andrew Goldfields recently completed at least 11 drillholes in a tight pattern near the Mexivada-Robert claims, as little as 175 metres from the Mexivada claims boundary, finding gold-mineralized hematitic-pyritic metavolcanic rocks, as assayed by Mexivada from drill core pieces left on the ground, and possibly a new drill-indicated gold deposit. If this turns into an open pit gold mine, St Andrew will need the Mexivada property for an open pit layback, in the worst case, of an ore zone not being found by Mexivada on 425022.
A gold mineralized occurrence is shown on Ontario map 2676 as present on Mexivada's 4251933 claim group, which will be mapped and sampled in October by Mexivada. A magnetometer-very-low-
The company’s address is 801-1166 Alberni Street, Vancouver BC V6E 3Z3, (604) 568-7726, fax: (775) 738-6705, email: [email protected].