HPX and partner Cordoba Minerals Corp. (TSX.V: CDB, OTCQX: CDBMF) intersect 4,440 g/t Au, 10.25% Cu, 24.7% Zn and 347 g/t Ag over 0.9 Meters in a new discovery at the San Matias Copper-Gold Project. The discovery of this new style of high grade gold mineralization represents a separate and significant exploration opportunity at Alacran.
The 0.90 meter bonanza grade gold intersection in ACD036 is hosted in a late stage, chalcopyrite-sphalerite-carbonate-coarse gold vein that overprints earlier chalcopyrite-pyrrhotite copper-gold mineralization (Figure 1). The high-grade gold vein is similar to Carbonate Base Metal (CBM) vein systems found globally, including Barrick Gold’s Porgera gold mine and also Continental Gold’s Buritica deposit, located south of Cordoba’s licenses along the Mid Cauca belt in Colombia.
For more information please see Cordoba’s Press Release.