Drilling by Farallon Resources (FAR-V) is expanding the potential of the Campo Morado polymetallic property in Mexico’s Guerrero state.
To date, Farallon has drilled 21,000 metres on the project, having delineated a large, precious metals-rich, massive sulphide deposit which strikes northwest and dips moderately to the southwest.
Known as the Reforma, this deposit has been drill-tested on a grid pattern of sections spaced 50 metres apart, over a strike length of 600 metres and a downdip length of up to 400 metres.
All holes have been drilled to the northeast. The deposit remains open to the east, west and downdip.
The program intersected two metal-rich horizons. One of these, situated at the base of the deposit, averaged 7.1 metres thick in 37 holes, grading 4.73 grams gold and 238 grams silver per tonne, plus 0.58% copper, 1.88% lead and 4.53% zinc.
The other horizon averaged 8.6 metres thick in 19 holes, grading 2.1% copper with significant silver values.
Farallon says these results represent more than twice the historical high-grade resource.
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