Posted in | News | Gold | Silver

Goldex Resources to Conduct Primary Drilling Program at El Arco

Goldex Resources has inked an agreement with 'Forage Orbit Garant Drilling’s subsidiary Drift de Mexico to drill up to 4000 m, through a preliminary drilling campaign at El Arco project in Mexico.

Drilling is expected to commence at the earliest. The company has planned for a 15,000 m exploratory drilling campaign, totaling 50 holes at the project based on the phase I reverse circulation (RC) results. The El Arco property has several prominent mines, which includes La Cienega mine, Topia property, Oremex Silvers flagship 'Tejamen' concession.

According to Larry Kornze, VP of exploration, previously the regional manager for Central America and Mexico for Barrick Gold said that El Arco is an excellent undrilled property in the Americas. A future drilling campaign is being planned. The El Arco property is an epithermal low-sulfidation quartz vein, containing gold and silver, and stockwork system present in tertiary volcanic and near-surface intrusive rocks, including andesitic and rhyolite.

The newly identified Arco project has not been formerly explored. Geologic mapping and surface sampling of rock and vein outcrops were included in the work conducted at the El Arco properties. Recently, Governmental agencies permitted the company to drill the concession.

Source: http://www.goldex.ca/

Joel Scanlon

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Joel Scanlon

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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