AURENA
| Gold | Gold |
|---|---|
| Location | Southern Oaxaca |
| Nearest City | 40 km southwest of major port of Salina Cruz 90 km from city of Huatulco |
| Nearest Major Mining Projects | Fortuna Silver’s San Jose Mine Gold Resource’s El Aguila Mine |
| Development Stage | 7,062 m drill program completed |
| Geology | Skarn, VMS |
| Land Package | 1,035 has |
| Exploration Highlights | Hole AURC-11-001 - 20.50 m of 1.01 g/t Gold Hole AURC-11-005 - 29.05 m of 1.99 g/t Gold Hole AURC-11-006 - 43.50 m of 1.01 g/t Gold |
| Access & Infrastructure | Good via paved roads. Power lines across property. Water. |
| Project Interest | 100% Owned |
Project
Other than a small lead-zinc vein prospect, there was no known mining/exploration activity in the Aurena area until David Jones recognized its gold-skarn potential and staked the ground in 2006.
Aurena is a new gold skarn discovery that has outlined 2 gold zones open at depth and along a strike length of 1.8 km. The two mineralized zones that remain open along strike and down-dip. The largest zone of mineralization discovered by drilling occurs along a steeply north-dipping contact between metavolcanic and metasedimentary rocks. Gold mineralization remains open to the west, northwest, north, and at depth
This contact zone shows considerable structural complexity and appears to have channeled mineralizing fluids. Minaurum geologists believe that higher grades may be encountered by following the zone down dip and along strike. Gold mineralization is believed to be associated with prograde and late prograde skarn alteration, and appears to have lithologic and structural controls. Metal zonation is reminiscent of that found around porphyry-centered skarn deposits.
Nearby gold exploration projects include Gold Resource Corporation's El Aguila Project, Fortuna Silver's San Jose Mine and Chesapeake Gold's La Gitana Project. Aurena is located in the southern part of Oaxaca State covering 1,035 hectares, 40 km from the one of the largest trading ports, Salina Cruz