Orestone Mining reports initial gold and silver assays from Francisca project
Orestone Mining Corp. has received initial assay results from its Francisca gold exploration program in Salta Province, Argentina, confirming significant gold and silver mineralization.
Orestone Mining Corp. (TSX Venture: ORS) announced initial assay results from its Francisca Gold Project in Salta Province, Argentina. The company reports that the Phase I exploration program, which involved resampling existing trenches, has identified significant gold and silver grades at surface.
The T8 trench returned intervals of 23.47 metres grading 4.71 g/t gold and 28.54 g/t silver, with a sub-interval of 6.26 metres grading 12.31 g/t gold and 92.40 g/t silver. Additionally, the T7 trench yielded 36.97 metres grading 0.78 g/t gold and 7.20 g/t silver.
Geological mapping indicates a stockwork system ranging from 40 to 70 metres wide along a strike length of 400-500 metres. This system consists of highly altered host rocks cut by dense veinlets and veins containing gold and silver mineralization.
Orestone plans to compile these results to prepare for a Phase I drilling program aimed at testing this large gold target. The company's objective is to define an open-pit mineable gold-silver deposit at the Francisca project.