Mar-West picks up gold concession

Junior Mar-West Resources (MRS-V) has received title to the Jutiapa II concession in Guatemala.

The 3,900-ha concession is 4 km from the Pan-American Highway in the southeastern part of the Central American country. A large hot-spring system containing gold mineralization was discovered on the concession during a regional exploration program.

The Cerro Blanco prospect covers a series of low, rounded hills along the western boundary fault of the Ipala graben. The hills are capped by a blanket of silica sinter, and are surrounded, at the base, by active hot-spring vents. The silica cap is 3,000 metres long and 1,000 metres wide.

A 2,000-by-350-metre gold anomaly was defined through 1,200 soil samples collected from a grid over the sinter cap. Preliminary chip sampling returned values exceeding 3 grams gold per tonne across several metres.

Mar-West has compared Cerro Blanco to the Sinter zone gold deposit at its San Martin concession in neighboring Honduras.

Trenching and an induced-polarization survey will be carried out at Jutiapa II in preparation for an early-1998 drilling program.

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