Santa Fe Metals is currently conducting work at the Don Indio claims silver-copper-lead-zinc property, which is situated in Coahuila, Mexico.
The company advances systematic channel sampling at both the huge anticline limbs and tracks the contact between Cupido and San Marcos structures that are rich in copper-silver. It has also identified lead-zinc mineralization in the San Marcos West zone in the property’s northeast side.
The CEO and President of the company, has stated that it has started the sampling program inside the high-grade copper oxide zone at Don Indio claims. This is the phase I complete evaluation campaign at all BC and Mexican projects of Santa Fe Metals during 2011. Now, the company is assessing the acquisitions of further intended assets.
The company has currently taken more than 96 channel samples from the Pilar Grande adit at the anticline’s western limb that dips at 30º. It has sampled and accessed all the four levels of these workings. Pilar Grande adit was expanded in strike length of over 5 km, along the mineral rich zone. Stratabound Minerals sampled these workings in 1999 and identified significant mineralization in those targets. The company was prospecting along the strike length of 19 km at the Don Indio property and has confirmed the presence of copper-silver mineralization at the contact exposure. The economic feasibility and thicknesses of these exposures will be examined in the future sampling campaigns.
The objective of the ongoing systematic channel sampling is to substantiate the former assay results and to find the true thickness and area of mineralization. The company will begin a phase II drilling program to find the mineralization continuity, based on the program results, along the down dip and strike at both the anticline limbs. An underground drilling program at the San Marcos west and Pilar Grande deposit will be included in the phase II program.