Caza Gold Announces Phase I Drilling at Balleza Gold Project
Caza Gold has announced the ongoing Phase I drilling program at the Balleza gold project on the Moris property in Mexico.
The company will finish core drilling of around 4,000 m to analyze the core of the bulk tonnage Balleza gold target, which is of length 1200 m and breadth of up to 400 m. This gold target is a potassically and silicified altered zone along the intersection of a large dacite dike connected to length of 7 km regional mineralized formation and the host andesite tuffs.
Two gold mineralization types, which is low-grade scattered mineralization and high-grade quartz stock-work zone, has been found at Balleza by surface sampling. The high-grade quartz stock-works has yielded up to 36 g/t gold in grab samples. Caza has collected over 550 rock chip samples in the Balleza target, wherein 237 samples surpass 0.3 g/t gold and 1.27 g/t gold in average.
This Balleza project, which is a part of the Moris property, is situated 10 km west of Ocampo mine of Gammon Gold. It is approximately 230 km northwest of Chihuahua City in Mexico.
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Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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