The Oro Venteada gold property in Peru will be explored by Alberta-based Detector Resources (DTR-A).
The 800-ha property, which was previously worked by artisanal miners, lies in the Nazca-Ocona metallogenic region,
an area known to contain numerous vein and disseminated gold deposits.
Detector can acquire the property by paying a Peruvian national company US$750,000 over four years and spending US$150,000 on exploration and development over the next year.
Surface sampling has outlined a broad, gold-bearing zone. Measuring 130 by 600 metres, the zone is contained in a broad-contact alteration zone between an intermediate dioritic intrusive and overlying carbonate and clastic sediments. Samples collected from the zone have assayed up to 84 grams gold per tonne.
Previous work by local miners consisted of extensive pitting and hand mining on a 2-km vein system extending across the property.
The company has also staked 500 ha contiguous to the property and 2,000 ha along strike.
Meanwhile, Detector is evaluating other Peruvian gold properties for possible acquisition.
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