Oct 10 2012
Santo Mining Corporation, Santo Mining Corporation President Al French reports that last week during a trip to the Eastern sector of their Walter Claim, the exploration team found further evidence of a former Spanish Colonial smelter.
After making some shallow holes in a pasture they recovered slag that still contained some copper and or copper carbonates. Samples will be sent for analysis together with other mineralized samples. Santo Mining's Geological Consultants recently reported "Even though most of the surface area of the claim is covered by Quaternary fluvial sediments, there are plenty of outcrops in the five creeks that meander through the area. The rock under these sediments consist of Maimon Schist, a bimodal metavolcanic formation. Foliation is well developed and a few areas of hydrothermal alterations were observed in The Lajas and Guaré creeks".
The exploration company is waiting for the analytical reports from their previous geochemical survey of the surface which will be followed by a systematic soil sampling on a 100-200 meter grid of the entire claim. The combined results of the geochemical, rock, stream and soil sampling surveys will be overlaid with any available geophysical survey charts to identify potential precious or base metal anomalies. The exploration team plan to investigate any precious or base metal soil anomalies by air-track drilling through the shallow quaternary sediment layer for favorable geology and altered units with sulphide mineralization.
The Walter claim shares the same "Hispaniola Gold Copper Arc" formation with World Class Barrick Gold "Pueblo Viejo" gold mine located 1 mile to the East with 25 Million ounces of Gold and 147 Million ounces of Silver followed by Perilya Gold "Cerro de Maimon" gold mine also 1 mile to the southwest with 1.76 g/mt gold and 31 g/mt Silver; and Falconado Xstrata massive nickel complex close by to the West. The area surrounding this gold and base metal claim has a history of artisanal and colonial mines. Again, Santo Mining's short term objective is to identify drill targets from surface geochemical, shallow drilling and any available geophysical surveys.