Lucky Minerals To Advance Properties In Ecuador

 

VANCOUVER, BC - Lucky Minerals Inc. (plans to advance its properties. Lucky will be focusing its efforts on gold exploration in 2020 as it seeks a joint venture partner for the advancement of known copper opportunities on its 550 km2 Fortuna Project in Ecuador. Lucky CEO, Adrian Rothwell, stated "Fortuna is a large project, with multiple known copper-moly-gold porphyry type exploration and high sulfidation epithermal gold targets located on the twelve concessions. We believe that a project of this size offers the potential for multiple partners. Our strategy to focus our capital on gold discovery and to use partnerships to explore for copper deposits should allow us to quickly showcase the potential of the Fortuna Project."

The Fortuna Project is comprised of twelve concessions and occupies 550 square kilometers within the central cordillera in the heart of a proven and highly mineralized Miocene age volcanic belt which extends from Chile and Peru into Ecuador where significant Porphyry copper deposits have been found. The recently discovered (2018) El Buitre Porphyry System, is a Tertiary (Mid-Miocene) intrusion, which is located along a major NNE regional fault which lies at the junction of a major EW fault. Terra-Spec and multi-elements assays have defined a significant alteration footprint, comprising a phyllic (quartz-sericite-pyrite) and potassic (secondary biotite and k-spar) altered envelope. This alteration coincides with Mo-Cu-Bi anomalous rock Geochem samples which cover an area of more than 2 square kilometers.

The company’s address is Suite 1015, 789 W. Pender St., Vancouver, BC V6C 1H2, (866) 924-6484, www.luckyminerals.com.