This 822 hectare site has a substantial history of gold production, having been in operation for four years by Mineral Glamis La Cieneguita S. De R.L. De C.V., a subsidiary of Glamis Gold Ltd. Mexoro continues to aggressively explore this property, identifying new areas of geological interest outside the known mineralized zones.
 |
 |
Located 375 km from Chihuahua City in canyons called the Baja Tarahumara in southwest Chihuahua, this site is only 20 kilometers from El Sauzal, which is Gold Corp's newest and largest gold mine, producing 306,900 ounces of gold in 2007, its third year of production.
Accessible by road, rail or air, La Cieneguita was an operational mine from 1995 to 1998, and has the core infrastructure required for production. This includes:
Given the considerable activity in this region over the past 50 years, and the numerous small and medium-sized mines with recent finds, there is extensive geological evidence for potential deposits on this site.
From 1995 to 1998, Glamis Gold mined and processed 198,000 metric tonnes with a grade of 2.33 grams gold per tonne. This major gold company stopped production on this site at that time due to low gold prices and to pursue their strategy of focusing on mines with at least 1 million gold ounces.
For more information on Cieneguita please review the Company's Business Plan.
Mexoro Minerals is pleased to announce that it has discovered new mineralized and altered zones inside the group of concessions of its Cieneguita project, Urique District, Chihuahua.
In addition to the vigorous core drilling program being undertaken at the Cieneguita project several other exploration activities are in progress within the group of concessions integrating the project. These activities are contributing to increase our knowledge about the Cieneguita mineralization system and expand our GIS database as a foundation for ongoing work. The exploration program that is currently underway is focused mainly to the south of the known mineralization zone in Cieneguita along a well defined north-south to southwest semi-circular structural trend.
The field follow-up through a mapping and sampling process at 1:1,000 has delineated three new highly mineralized and intensively altered areas including: (1) Piedras Blancas, an area 500 meters to the south of the main Cieneguita project inside Mexoro's concessions; and (2) two areas just on the south of the known Cieneguita mineralization limit. To date a total of 133 samples have been collected and we have received complete chemical assay results for only 26 samples. To see the detailed results of the samples, please visit our website at www.mexoro.com. A brief description for the new areas identified is provided below:
The results and information gathered from this latest mapping and sampling campaign have provided significant evidence that increases the current known limits of the mineralization further south and the possibility to have another mineralized system at Cieneguita only 500 meters away from the main project.
The mapping and sampling program will continue in the south part of our concessions aimed to fully evaluate the potential and identify drilling targets at Piedras Blancas, the new mineralized area.
 Click to Enlarge |
 Click to Enlarge |
 Click to Enlarge |
 Click to Enlarge |
Figure 2 is showing photos of the different mineralization and alteration characteristics of the newly found Piedras Blancas Area. (A) Pyrite veinlets partially oxidized hosted by a sedimentary sequence. (B) Area with intense fracturing exhibiting an oxidized cap dominated by goethite and jarosite. (C) Intense fracturing and stockworking area shoeing a limonite capping dominated by hematite ± goethite. (D) Intense fracturing and stockworking area with hematite and goethite filling fractures.
These results have been prepared under the supervision of Barry Quiroz, MSc., Mexoro VP of Exploration. He has the expertise and authority to verify the authenticity and validity of this data. The qualified person who has reviewed this data is Dana C. Durgin, MSc. Economic Geology. He is a Certified Professional Geologist (CPG #10364) with the American Institute of Professional Geologists, and a Registered Professional Geologist in Wyoming (PG-2886). Our published results have been prepared under the supervision of Barry Quiroz, M.Sc., who has the ability and authority to verify the authenticity and validity of this data. All drill core and rock samples were analyzed by ALS Chemex Labs.
