Northern Crown looks to Mexico (May 25, 1992)

Gold and copper oxide targets are being actively sought by Northern Crown Mines (VSE) in Mexico, which the company believes is largely unexplored by modern techniques.

At its Anita property in southern Sonora, Northern Crown is looking for a joint venture partner to fund a drilling program to test a

gold-copper-bearing breccia.

The mineralization has been traced on surface over a strike length of about one kilometre. Mineralized widths are reported to vary from five metres up to 60 metres and have been followed to a depth of 250 metres in underground workings.

Northern Crown recently optioned its Nano property near Alamos, Sonora, to Kalahari Resources (VSE). A 500×1,000-metre area on the property contains widespread copper oxide mineralization.

Sampling of dumps from hand-dug pits in the area assayed from 0.5% to 3.3% copper oxide plus 0.4-2 grams gold per tonne. Kalahari is conducting rock and soil sampling as well as trenching to establish drilling targets. Kalahari can earn a 100% interest in the project (subject to a 25% net profits interest) by issuing the company 200,000 shares in staged releases and spending a minimum of US$750,000 on exploration over the next four years. Kalahari also has an option to earn a 100% interest in the Mina Verde property in southern Sonora, subject to a 25% net profits interest to Northern Crown.

The property is reported to cover secondary copper mineralization in highly altered rocks exposed in low hills along a broad valley. A limited amount of sampling suggests the copper-gold zone to be over 76 metres in width.