Drill Results At The Cerro Cascaron Gold And Silver Project
VANCOUVER, BC - Evrim Resources Corp. reported drill results at the Cerro Cascaron gold and silver project in southwestern Chihuahua, Mexico. Evrim and exploration partner, Harvest Gold Corporation has completed nine diamond drill holes to date at Serpiente Dorada, San Pedro and Cascarita for a total of 1,885 meters, with assay results received for seven drill holes.
“The maiden drill program at Cerro Cascaron successfully intersected gold mineralization at both the Serpiente Dorada and San Pedro areas,” said Stewart Harris, VP of Technical Services. Drilling at Serpiente Dorada delineated a significant corridor of alteration containing local high-grade gold mineralization. Meanwhile, drilling at San Pedro encountered a competent quartz vein within a broad stockwork containing moderate gold grades and epithermal textures, suggesting a deeper target may exist. Drilling continues to test both areas for additional gold mineralization.
Nine drill holes have been completed to date with two holes at the Serpiente Dorada, three holes at San Pedro gold targets, and four at the silver-rich Cascarita target. Assay results remain pending from drilling at the Serpiente Dorada and San Pedro areas, with new drilling planned at San Pedro.
/EIN News/ -- Figure 1 – Map of the Cascaron vienfield with Serpiente Dorada and San Pedro drilling shown is available at http://
Drill hole SPT18-01 targeted the Serpiente Dorada vein approximately 100 meters below surface. The hole drilled into a sequence of rhyolitic and andesitic volcanic rocks with overprinting hydrothermal breccias. A wide zone of silicification and quartz stockwork veining exploits the margins of the breccias in the lower half of drill hole SPR18-01 and hosts many narrow low-grade mineralized intersections including the highlighted 1.0 meter grading 20.1 g/t gold and 22.5 g/t silver from 225.5 meters downhole. The true width of the zone of silicification and stockwork quartz veining is not known.
The intersection encountered in SPT18-01 may be a new structure or a splay of the outcropping Serpiente Dorada structure. A zone of elevated pathfinder element geochemistry exists at the base of the hole that corresponds with the projection of the surface expression of the Serpiente Dorada structure. A follow-up drill hole has been designed to target this zone of mineralization approximately 180 meters to the north where the northeast-trending La Julieta vein is interpreted to intersect the Serpiente Dorada structure.
Drilling at San Pedro has intersected a quartz vein beneath the shallow historic workings hosted in rhyolitic tuff and andesite. Drill hole SPED19-02 intersected a 1.8 meter wide quartz vein within an approximate 20 meter stockwork zone. The zone includes 4.8 meters grading 1.05 g/t gold and 15.8 g/t silver from 141 meters downhole with a slightly deeper narrow vein returning 0.35 meters grading 5.39 g/t gold and 23.7 g/t silver from 154.45 meters downhole. The true width of the structures are not known at this stage. Follow-up drill hole SPED19-03, intersected a 2.7 meter wide vein from 162.6 meters within a broader 33.5 meter surrounding stockwork zone. Assays results remain pending for drill hole SPED19-03.
The vein intersected in holes SPED19-02 and SPED19-03 contains banded chalcedonic quartz and calcite with quartz-healed breccia channels indicative of multiple phases of vein formation. The textures suggest a level near to, but above a boiling zone (where the best mineralization is to be expected) and subsequently, a fourth hole at San Pedro is planned to target a potential mineralized shoot with better mineralization approximately 100 meters deeper than hole SPED19-03.
In drill hole SPED18-01 located 72 meters to the north, the zone consists of a zone of minor calcite and quartz veinlets with strong pathfinder element geochemistry but only anomalous gold values.
Three drill holes at Cascarita intersected a predominately rhyolitic tuff sequence with zones of silicification and veining throughout each hole. Veinlets are predominantly crystalline quartz with rare colloform quartz and no significant results were intersected. The zones of sulphide breccia with high silver grades at surface were not intersected in drilling.
The company’s address is 910-850 West Hastings Street, Vancouver, BC V6C 1E1, (604)248-8648, www.evrimresources.com.