Posted in | News | Gold

Latin American Minerals Reports Initial Drilling Results from Tacuru Target in Paraguay

Latin American Minerals, a mineral exploration company, has declared the assay results for the initial five diamond-drill holes on the Tacurú target.

This target is the first gold soil anomaly drilled on the New Gold Trend of Latin American Minerals’ exploration concession situated in Paso Yobai, Paraguay. This target region is situated 3.5 km towards the northeast of Latin American Minerals’ newly constructed Mina Independencia gold pilot plant.

An important gold soil anomaly, the Tacurú Target was initially discovered in the exploration sampling program, which identified and outlined the New Trend gold occurrences. Latin American Minerals, after contracting the surface rights and asserting the mineral rights with the local residents, developed data on the Tacurú target via comprehensive soil sampling grids, trenching and auger-hole sampling.

In December 2011, the company reported the trench results from the Tacurú target that showed 3.8 gpt averaged over 30.55 m. On December 22, 2011, the project’s drill permit was obtained and a preliminary campaign of six holes, adding up to 851.00 m of diamond drilling, was concluded in January 2012. The company has received the assay results for the initial five holes, but assay results for DDH- LAT-BT-06 drill hole are still pending.

Latin American Minerals’ President and CEO, Miles Rideout commented that the initial results from the Tacurú target validate that there is significant New Trend gold mineralization, and this gold has been discovered in sandstone host units. These results are vital for the company, who will continue to drill additional targets. In 2012, the company aims to show the scope and dimensions of this latest discovery.

Source: http://www.latinamericanminerals.com/

Joel Scanlon

Written by

Joel Scanlon

Joel emigrated to Australia in 1995 and worked for five years in the mining industry as an exploration geotechnician, using GIS mapping and CAD software. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm. After that, he ran a successful business providing web services to businesses along the eastern seaboard of Australia. During this time, he developed and launched News-Medical.Net. Joel has been working with AZoNetwork since the company was founded in 2000.

Citations

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

  • APA

    Sterling Metals Corp.. (2019, February 18). Latin American Minerals Reports Initial Drilling Results from Tacuru Target in Paraguay. AZoMining. Retrieved on May 28, 2023 from https://www.azomining.com/News.aspx?newsID=6085.

  • MLA

    Sterling Metals Corp.. "Latin American Minerals Reports Initial Drilling Results from Tacuru Target in Paraguay". AZoMining. 28 May 2023. <https://www.azomining.com/News.aspx?newsID=6085>.

  • Chicago

    Sterling Metals Corp.. "Latin American Minerals Reports Initial Drilling Results from Tacuru Target in Paraguay". AZoMining. https://www.azomining.com/News.aspx?newsID=6085. (accessed May 28, 2023).

  • Harvard

    Sterling Metals Corp.. 2019. Latin American Minerals Reports Initial Drilling Results from Tacuru Target in Paraguay. AZoMining, viewed 28 May 2023, https://www.azomining.com/News.aspx?newsID=6085.

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