Vancouver – West Timmins Minings (WTM-T) Montana de Oro project in Mexico is starting to show potential as drill results reveal numerous systems bearing gold, silver, copper, and zinc.
The latest results come from the La Dura zone, in the southwest region of the project. Drill hole LC07-07 returned 18.4 metres grading 5.15% zinc, 0.45% copper, 25.65 grams silver per tonne, and 0.5 gram gold. The hole intersected a massive sulphide zone, within a silica-sulphide breccia horizon, returning 7.6 metres of 7.28% zinc, 0.67% copper, 40.79 grams silver, and 0.91 gram gold.
We are very happy, very pleased with the results, says Darin Wagner, president and CEO of West Timmins. We knew we had a core zone with higher grade material and we were very hopeful it would carry across the 18 metre width, so we were very happy to see it do so.
This is only part of a much bigger system that were just starting to get the first few holes into.
Montana de Oro covers 500 sq. km and includes more then 20 precious and base metal discoveries. The region lies in the Sierra Madre belt of Sonoro, Mexico, and is less than 50 km from seven new mines or mine development projects, including Goldcorps (G-T, GG-N) El Sauzal gold deposit and Pan Americans (PAA-T, PAAS-Q) Alamo Dorado silver mine.
The La Dura zone is part of the La Conception mineralized system, which to date has been outlined for over 2 km east-west and 3 km north-south. To the east of La Conception, roughly 6 km away, lies the El Rodeo gold-silver zone lies. To date El Rodeo has returned a number of strong drill results, including 4.8 metres grading 9.58 grams gold and 121.77 grams silver. And just 2.5 km southeast from El Rodeo sits the Don Pacho discovery, which hosts a strongly altered vein system that returned one intercept of 12.75 grams silver over 0.7 metre and another 1.5-metre intercept grading 3.64 grams gold and 9.4 grams silver.
Its a massive project, Wagner says. And with these results it has stepped up to the next tier. One thing that makes it stand out is that every time we send crews out to do another phase of drilling, they come back with a discovery.
West Timmins currently has three drills turning on the project. Wagner says the company is hoping to add more. One problem throughout Mexico right now is that drills are in short supply, he says. Were looking to add at least one more drill to the project, if not a couple.
Montana de Oro is not West Timmins only large-scale project the company is named after its 114 sq. km project in Ontario. The fact that both projects are significant in size is not coincidence. We really do aim for district-scale opportunities where youre not just testing a single target, Wagner says.
The West Timmins project land completely surrounds Lake Shore Golds (LSG-T) Timmins West discovery, which hosts 43-101 compliant indicated resources of 3.3 million tonnes grading 12.3 grams gold uncut (8.6 grams gold cut). West Timmins started drilling that project in late 2006 and is now midway through a 12,000 metre program.
Exploration has thus far outlines the 4800 zone, which has been traced along strike for 125 metres and to a vertical depth of 75 metres. Two of the stronger results are hole 14, which returned 2.35 metres grading 7.04 grams gold, and hole 1, which intersected 13.45 grams gold over 1.1 metres.
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