Aggressively exploring over 200,000 hectares of highly prospective Iron Oxide Copper Gold (IOCG) ground within the Alisitos Arc in Baja California Norte
In 2003, regional targeting highlighted numerous high priority target areas. Subsequent ground follow-up and 'screening' identified several large, zoned hydrothermal systems with associated iron oxide copper gold mineralization (see PR May 19, 2004)
In 2006, Copper Mineralization intersected at Baja IOCG project. In summary, all drill holes contain intense (texture destructive) IOCG alteration with associated visible copper mineralization (chalcopyrite) that varies from trace amounts to significant accumulations (+20 m). The results indicate that this newly discovered district displays all of the key criteria necessary to form a large copper (Cu) bearing IOCG deposit (see PR Jan 05, 2006)
March 29, 2006, at Picale Target, Borehole 05-PC-03 intersected 6.5m of massive to semi-massive magnetite - chalcopyrite mineralization that graded 4% Cu & 0.4 g/t Au, within which 4.2m returned 5.5% Cu and 0.56 g/t Au (see PR March 29, 2006)
Highlights