Gold & Silver Mineralized Discovered At El Oro
VANCOUVER, BC - Candente Gold Corp. reported that gold and silver mineralization has been discovered both underneath and lateral to historical workings of the San Rafael vein on the El Oro gold project, Mexico.
Anomalous to high-grade gold and silver values been intersected at several locations 150m and deeper below old workings along the known 2.4 km strike length of the San Rafael vein, and an extension to the vein 1.1 km to the north has also been confirmed.
Results to date have also demonstrated that gold and silver mineralization within the San Rafael vein occurs in shoots that appear to be localized where vertical NE-SW structures cut across the principal NW-SE trending veins. Gold to silver ratios appear to zone laterally away from these intersections, indicating that they may have acted as fluid conduits. Additional studies of these structural controls are being carried out to guide future drilling.
The four zones along the San Rafael vein which were targeted by the current drilling program are, from north to south: Buen Despacho, Mexico-Esperanza, Norte shaft area, and Providencia shaft area.
The Mexico-Esperanza area remains the strongest exploration target within the San Rafael vein system due to the presence of vertical controls to mineralization, the highest grades of past production (12-16 grams per tonne ("g/t") over an average vein width of 10 metres), and recent discoveries.
The company’s address is Suite 1650, 400 Burrard Street, Vancouver, BC V6C 3A6, (604) 689-1957, fax: (604) 685-1946.