Toronto-listed Cathedral Gold (CAT-T) has extended its land position at the Lady property in Honduras.
In expanding the property to 110 from 56 sq. km, Cathedral has also extended its area of gold-silver mineralization, to just beyond the boundary of the original property.
The mineralized area, known as the Sicacatare target, consists of a quartz vein stockwork that forms a ridge 300 metres wide and 700 metres long.
Surface assays range from 0.2 to 3 grams gold and from 0.2 to 5.5 grams silver per tonne.
The property, which lies 40 km south of the capital of Tegucigalpa, was acquired by Cathedral in May. The junior also owns 90% of Nevada’s Sterling mine, three properties in that state’s Battle Mountain trend, and 90% of a large exploration project in Guyana.
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