Posted in | News | Gold | Copper | Silver

Phase 2 Drill Program Begins at Source Exploration’s Las Minas Property

SOURCE EXPLORATION CORP. is pleased to report drilling has resumed at its Las Minas property, Veracruz, State, Mexico. The 2,000 metre diamond drill program has commenced after a very successful Phase 1 winter program.

David Baker, Executive Chairman, stated, "We are excited about the commencement of the 2014 Phase 2 drill program, which will allow us to build on the excellent drill results from the recently completed Phase 1 drill program. In addition, the program will test high priority targets with strong magnetic - high anomalies coincident with historical small scale mining operations and high-grade sampling results."

Priority 2014 Phase 2 Drill Targets Include:

  • Santa Cruz Zone: Phase 1 step-out drilling at Santa Cruz expanded the high-grade zone outlined in earlier drilling and intersected wide zones of mineralization extending from surface. Hole LM-14-SC-03 graded 2.70 g/t Gold Equivalent (Au Eq)(1) over 97.2 metres, including 10.06 g/t Au Eq over 16.0 metres (see press release April 7, 2014 and May 26, 2014).
  • Juan Bran Zone: The Juan Bran zone is the site of historical mine workings located approximately 450 metres north of hole LM-11-SC-45 that graded 19.56 g/t Au Eq over 10.0 metres (see press release January 26,2012) and believed to be an extension of the Santa Cruz zone. Recent sampling at Juan Bran returned 5.51 g/t Gold Equivalent (Au Eq) (2.82 g/t gold (Au), 7.45 g/t silver (Ag) and 1.50% copper (Cu) over 12.0 metres in one sample and 2.03 g/t Au Eq (0.52 g/t Au, 3.77 g/t Ag and 0.85% Cu) over 22.0 metres in a second sample. All samples are chip samples cut in continuous 2.0 metre intervals using a hammer and moil.
  • Cinco Senores: The Cinco Senores is the site of historical workings and a large magnetic - high anomaly measuring approximately 1,000 metres by 750 metres. Earlier drilling at Cinco Senores intersected 1.69 g/t Au Eq over 22.0 m (see press release August 8, 2011).

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Mexican Gold Mining Corp. (2022, July 20). Phase 2 Drill Program Begins at Source Exploration’s Las Minas Property. AZoMining. Retrieved on July 25, 2024 from https://www.azomining.com/News.aspx?newsID=10042.

  • MLA

    Mexican Gold Mining Corp. "Phase 2 Drill Program Begins at Source Exploration’s Las Minas Property". AZoMining. 25 July 2024. <https://www.azomining.com/News.aspx?newsID=10042>.

  • Chicago

    Mexican Gold Mining Corp. "Phase 2 Drill Program Begins at Source Exploration’s Las Minas Property". AZoMining. https://www.azomining.com/News.aspx?newsID=10042. (accessed July 25, 2024).

  • Harvard

    Mexican Gold Mining Corp. 2022. Phase 2 Drill Program Begins at Source Exploration’s Las Minas Property. AZoMining, viewed 25 July 2024, https://www.azomining.com/News.aspx?newsID=10042.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.