Salazar Resources has announced the additional results from three holes drilled during the program ongoing at the Curipamba volcanogenic massive sulphide (VMS) project located in Ecuador.
The company drilled three holes in order to analyze the area that encloses the hole CURI-160, and to examine mineralization located beneath the andesite sill, which is situated towards the El Domo resource block’s eastern part. Salazar encountered 6.02% copper, 0.86 g/t gold and 17.32 g/t silver over 10.31 m in the hole CURI-160. The fresh resource estimate for El Domo, released on January 12, 2012, did not include these holes, which has shown new exploratory drilling.
Salazar encountered 0.14% copper, 0.21g/t gold, 6.35 g/t silver and 1.08% zinc over 15.40 m in CURI-161, 3.99% copper, 1.10 g/t gold, 10.26 g/t silver and 1.82% zinc over 15.69 m in CURI-163. The broad interval of high-grade mineralization, containing gold, copper and silver, in the hole CURI-163 has shown expansion towards the resource block that is nearby. Modest interval of mineralization was cut by the CURI-162, located to the east of the El Domo deposit’s southern limit.
The hole CURI-161 specifically examined the mineralized horizon’s outcrops that were located around 170 m to the east of CURI-148. This hole cut hydrothermal breccia for 30 m, which contained 5% chalcopyrite-sphalerite and 7% pyrite.
The outcrop of the mineralized horizon was analyzed by the hole CURI-162 and its location is about 50 m towards the east of CURI-138, which returned 1.36 g/t gold, 68.4 g/t silver and 1.00% zinc over 5.86m. Hydrothermal breccia, whose length is 18 m, was intersected by the hole, which encountered 10% to 20% pyrite.
The hole CURI-163 was collared at 50 m towards the southwest part of the hole CURI-160 and intercepted massive and semi massive mineralization for 17 m, rich in copper and zinc.