Canuc Resources (TSXV:CDA) reports high grade silver and gold assays from recent sampling of underground workings and from the Carranza breccia zones exposed on surface, nearby.
A 3-D modeling exercise indicates a concentration of higher grade silver and gold results in underground workings either side of a north-south fault that cross cuts the Santa Rosa mine workings. A program of check sampling was recently carried out to confirm and extend these high grade results along the Polvorin level located west of this fault.
The north-south fault that intersects the Santa Rosa Vein (SRV) trend is deemed to be geologically important as a carrier for silver and gold mineralization. It has been recently recognized that the Carranza and Cerro Colorado breccia zones, which manifest on surface, lie at the intersections of the north-south faults and the NE-SW SRV trend. There are at least four such north-south faults that cross the property.
In addition, the Company has taken some check samples from the Carranza breccia zone located about 500 meters north of the Santa Rosa mine workings. Table 2 shows six samples that were taken as check duplicates, located within an 11.0 m composite sample that averaged 238 g/t Ag (press release, April 13, 2017.)
The phase 2 exploration program has started. Road construction, trenching and drill platform preparation have been completed and surface mapping and sampling are ongoing. The focus is on the breccia zones found at the intersections of the two fault trends. A link showing these breccia targets along the mineralized corridor can be seen here:
“The company is very pleased with results attained to date. High grades have been confirmed throughout all drill holes for the Santa Rosa Vein and a number of new en echelon high grade structures have been detected. Management also is confident Continue Reading