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The San Jose Project |   |
The San Jose property is located 5 km northwest of the Veta Grande processing plant. The property has at least two veins and covers a 500 m section of the principal vein. There are two open shafts with approximately 50 meters depth to the water table and a third has collapsed. The ultimate depth of these shafts and the associated workings are unknown.
In the vicinity of the two primary shafts are three run of mine dumps. Of particular interest at San Jose are the very high grades from selected sampling of these dumps with the highest grades being 4,970 g/t (159.81 oz/t) silver, 6.74 g/t gold, 1.67 % lead, and 2.98 % zinc. Results from the sampling of these dumps are as follows:
| Sample number |
Sample description |
Ag g/t |
Ag Oz/Ton |
Au g/t |
Pb % |
Zn % |
| DUMP #1 |
| 400126 |
selected material |
4,970 |
144.96 |
6.74 |
1.67 |
2.98 |
| 400127 |
random material |
122 |
3.56 |
0.15 |
- |
- |
| DUMP #2 |
| 400128 |
Selected material |
200 |
5.83 |
0.22 |
- |
1.12 |
| DUMP #3 |
| 400131 |
selected material |
4,200 |
122.50 |
7.73 |
1.37 |
1.68 |
| 400130 |
random material |
525 |
15.31 |
1.07 |
1.87 |
- |
There is considerable exploration potential at San Jose as there are two exploration targets that have been identified within the property. The first is near an old blocked shaft of unknown depth, a sample across mineralization exposed here graded 0.37 g/t gold and 67.4 g/t silver over 2.8 metres. The second is along strike from the historic workings and consists of several alteration zones made up of moderate to strong oxidation, moderate argillitization, and weak silicification. Each of these zones requires detailed sampling and mapping in order to determine their potential.
SAN JOSE DRILL RESULTS( PHASE 1)
The first hole was designed to test the vein approximately 50 metres from historical workings that returned over 1 kg/t Ag from dump samples. This hole returned a significant intercept of 1,340 grams per tonne of silver at a vertical depth of approximately 75 metres below surface. Highlights of the holes include:
DDH |
From (m) |
To (m) |
Length (true) |
Silver ( g/t ) |
Z i n c (%) |
Lead (%) |
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MSJ-01 |
101.2 |
102.0 |
0.8 m (0.65) |
1 , 340 .0 |
1.18 |
1.23 |
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|
|
|
|
|
|
MSJ-02 |
98.9 |
99.6 |
0. 7 m (0. 66 ) |
52.3 |
1.06 |
2.00 |
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|
|
|
|
|
|
MSJ-03 |
120.45 |
122.6 |
2.15 m (1.08) |
65 .0 |
0.12 |
0.14 |
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