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Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property

By Joel ScanlonMay 17 2011

Goldex Resources has contracted Kluane Guatemala to perform an impending 5,000 metre drilling program at its El Pato property in Guatemala.

At first, Klaune will drill 12 holes to verify the occurrence of significant grades and previously inferred resources, which were formerly identified on El Pato. Additionally, Klaune will find out the mineralization extension along the strike till the El Sauce, where high-grade gold was discovered.

It is anticipated that Kluane will begin the drilling program in the first week of May and expects to start the exploration in spring.

The location of El Pato gold vein target is in a budding gold area in Guatemala. Many junior resource and main mining companies are very lively in this region counting Radius Gold with its Holly-Banderas project, Escobal silver mine of Tahoe Resource, which includes silver having an indicated resource of 300 million oz equivalent of silver and Cerro Blanco property of Goldcorp that is located to the southern part of El Pato and has 1.3 million oz of gold as a proven resource.

Source:

http://www.goldex.ca/

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Scanlon, Joel. (2019, March 19). Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property. AZoMining. Retrieved on November 25, 2024 from https://www.azomining.com/News.aspx?newsID=4071.
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Scanlon, Joel. "Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property". AZoMining. 25 November 2024. <https://www.azomining.com/News.aspx?newsID=4071>.
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Scanlon, Joel. "Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property". AZoMining. https://www.azomining.com/News.aspx?newsID=4071. (accessed November 25, 2024).
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Scanlon, Joel. 2019. Goldex Resources Enters into Contract with Kluane Guatemala for El Pato Property. AZoMining, viewed 25 November 2024, https://www.azomining.com/News.aspx?newsID=4071.