Torex Gold and Minaurum Gold released results from drilling campaigns in Mexico during the week.
Torex Gold Resources announced results from the ongoing drilling program in the northern extension of the EPO deposits, within its Morelos Complex property in Guerrero. The goal of the company is to expand resources to the north of the EPO deposit, and the results include drilling from 2024 and 2025. Here excerpts of the EPO deposit geology as set in the news release: “The main host unit at EPO is the Morelos Formation, cut by an intrusive phase of the Media Luna granodiorite and followed by multiple generations of late felsic dikes predominantly oriented northwest and northeast. A dome and phreatomagmatic breccia event with an apparent north-south control crosscuts the whole sequence … Early-stage calc-silicate alteration is related to a proximal “aborted” skarn event containing anomalous molybdenum values and traces of Cu and Au. The latter grades into CRD-style mineralization that is associated with the main Cu and Ag mineralization event. Mineralizing fluids are believed to have originated from a deeper magmatic source, younger than the Media Luna granodiorite stocks, which have not yet been identified at surface. A late intermediate sulphidation-epithermal mineralization event, related to the phreatomagmatic activity, increases the Au volume and grade……, it occurs as free Au and is dissociated from the early Cu event mainly related to chalcopyrite”.
Minaurum Gold released results from drilling in the 1.5 km long Promontorio Sur vein zone at its Alamos silver project in Sonora. According to Minaurum, drilling intercepted mineralization typically seen at high levels of the Alamos vein system, indicating that high grade mineralization could be found at depth. The zone can be traced on surface as quartz-carbonate veinlets hosted in andesitic agglomerate. The veinlets are interpreted as representing high levels of the epithermal system, with potential for high-grade mineralization at depth. Drilling in the project also has encountered Pb-Zn-(Au) skarn/carbonate replacement (CRD) mineralization hosted by limestone in the footwall of the veins, and appears to have occurred later than the epithermal Ag-Cu mineralization in the veins.
