Toronto-based junior Intrepid Minerals (IAU-V) reports high-grade gold and silver values from a trenching program on the Kamila zone at its Casposo property in northwestern Argentina’s San Juan province.
Intrepid has extended Kamila by over 25% to 900 metres in strike length and sampled for the first time an intersection between two key veins, Inca and Aztec.
This vein intersection is a steep rock face that has returned trenching values of 4.5 metres true width of 32.2 grams gold and 245 grams silver per tonne. This area will soon be targetted by follow-up drilling.
The latest trenching on the main Aztec vein returned 21.0 grams gold and 174 grams silver over 4.5 metres true width.
As well, a newly defined vein system parallel to Aztec, dubbed the Aztec Footwall AF vein, has returned an interval of 12.4 grams and 18.1 grams silver over 3 metres, prompting the company to decalre that it “holds promise for additional ounces to be added within the proposed confines of the open-pit.”
Along with the trenching, Intrepid is carrying out drilling in the Mercado, Panzon and Kamila zones.
Results are pending, and will be incorporated into a revised resource that will be calculated in advance of a major in-fill and reconnaissance drilling program to be carried out in 2004.
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