Aurena (100 % owned) is a new gold skarn discovery that has outlined 2 gold zones open at depth and along a strike length of 1.8 km. The two mineralized zones that remain open along strike and down-dip. The largest zone of mineralization discovered by drilling occurs along a steeply north-dipping contact between metavolcanic and metasedimentary rocks. Gold mineralization remains open to the west, northwest, north, and at depth. This contact zone shows considerable structural complexity and appears to have channeled mineralizing fluids. Minaurum geologists believe that higher grades may be encountered by following the zone down dip and along strike. Gold mineralization is believed to be associated with prograde and late prograde skarn alteration, and appears to have lithologic and structural controls. Metal zonation is reminiscent of that found around porphyry-centered skarn deposits. Nearby gold exploration projects include Gold Resource Corporation’s El Aguila Project and Fortuna Silver’s San Jose Mine. A 7,062 m drill program was completed with key intercepts including: Hole AURC-11-001 – 20.50 m of 1.01 g/t Gold; Hole AURC-11-005 – 29.05 m of 1.99 g/t Gold and Hole AURC-11-006 – 43.50 m of 1.01 g/t Gold. Located 40 km from the one of the largest trading ports in Mexico for commodities, port of Salina Cruz. Good paved roads, electricity and water and good community and governmental relations.
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