Taviche (Ag-Au), Oaxaca

Taviche (100% owned) is an epithermal vein target situated adjacent to Fortuna Silver’s San Jose mine. At the Higo Blanco concession area, a 7 km-long, NW-trending set of veins and vein breccias is emplaced into silicified Cretaceous sediments and Cretaceous-Tertiary volcanic rocks. The silicified limestone breccias contain anomalous gold, silver, arsenic, and antimony. Exposures at Higo Blanco appear to be at high levels of a low sulfidation epithermal vein system. Modern exploration on the Higo Blanco concession has consisted of geological mapping, geochemical surveys (soil, and surface and trench rock samples), ground-based geophysics (magnetics and induced polarization) and a 35-hole, 7,987-m diamond drilling program. Exploration has concentrated on the Higo Blanco jasperoid prospect, a 7 kilometre-long trend of silicified limestones that are variably mineralized at surface with silver minerals with Au potential at depth. Exploration drilling by Aura included two discovery holes at the Higo Blanco prospect which intersected 12.1 m of 533.4 g/t Ag equivalent in hole HBET03-09 and 36.6 m of 303.9 g/t Ag equivalent in HBET16-09. Two step-out holes, HBET28-09 & HBET29-09, were drilled to the northwest of the discovery holes and found wide intervals of Au and Ag mineralization. HBET29-09 cut 122.65 m of 0.16 g/t Au and 23.1 g/t Ag (or 30.9 g/t Ag equivalent), including 57.45 m of 41.1 g/t Ag. HBET28-09, drilled due west from HBET02-09 and 125 m northwest of HBET03-09, contains shorter intervals but with Ag grades of up to 230.0 g/t with the best interval containing 5.8 m of 89.8 g/t Ag.

See more information: Taviche

Silver, Gold

Commodities

Epithermal Vein System

Type of Deposit

San Pedro Taviche, Oaxaca

State

986 Has

Surface Area

INFORMATION

REPORTS AND PRESENTATIONS

    CONCESSIONS