LATIN AMERICA — Standard to drill Zopilote property

Reconnaissance soil sampling by Standard Mining (SDM-T) is finding new targets to drill at its Zopilote gold property in Honduras.

Surveying the westerly Calpules topographic lineament, the company traced anomalous gold for 3 km in length and 500 metres in width. Assays topped 1.62 grams per tonne but typically varied from 0.2 to 0.7 gram.

Also, an 800-metre-long linear anomaly, discovered in the Cerro Caliche area, is suspected of coinciding with the contact between basement rocks and a local limestone unit.

Meanwhile, the separate but previously discovered Zopilote soil anomaly has been extended 500 metres to 2.2 km in total length; it averages 150-400 metres in width. Previous drilling on a portion of that anomaly outlined 10.5 million tonnes grading 1.32 grams gold.

Geologically, Zopilote covers 150 sq. km of Paleozoic schists and gneisses plus Tertiary andesite dykes crosscut by northeasterly trending faults. At Calpules, local soils are thin (15-25 cm) and rest directly on shattered gneiss.

Drilling is planned.