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Minsud Resources Updates on Diamond Drilling Program at Chita Valley Project

Minsud Resources provides an update on new diamond drill program performed at the Chita Porphyry segment, which is situated in the Chita Valley project in Argentina.

This project is a huge exploration porphyry with classic modification features, extensive porphyry mineralization containing copper, molybdenum, silver and gold, and associated polymetallic veins that have silver and gold.

The company drilled three holes, from Psu11-01 to 03, in order to examine identified copper-molybdenum mineralization, located in the Chita porphyry region. These holes were inclined at -45° to analyze for potential sub-vertical veins, containing precious metal. The drill program of 2011 has demonstrated the presence of gold-silver veins in the broader porphyry segments of copper and molybdenum.

Wide copper and molybdenum mineralization zones along with concentrations of silver-gold were identified from the three holes.

The mineralization is linked with a Miocene monzodiorite porphyry stock, which encroached into a previous assemblage that contains Carboniferous and Triassic granodiorite sediments. The porphyry style mineralization has chalcopyrite-molybdenite-pyrite-quartz mineralization, which is of stockwork and fracture fillings type. Extensive polymetallic veins, which are rich in silver and gold, are present in the country rocks that are contiguous to the Chita South Porphyry and the property’s other dykes and porphyry stocks. These country and porphyry rocks have shown epithermal or hydrothermal modification features.

Minsud is conducting comprehensive alteration and geological studies, and wide rock sampling and prospecting programs. The company is expecting to perform ground geophysical surveying, which will be necessary to outline additional drill targets.

Joel Scanlon

Written by

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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