Kootenay Gold announces three more discoveries in Mexico
Mexico, the place where Spaniard Conquistadores traded mirrors for gold and gouged gold from open veins at mountainsides, has not exhausted its mineral richness. It is ironic that the Tahaumara indigenous tribes are living in gold filled mountains but in extreme poverty.
Kootenay Gold (TSX-V: KTN) announced the discovery of three new mineralized systems within its staked ground in the Sierra Madre Region of north-west Mexico. Two of the discoveries are leached gold-copper porphyry systems, with the third discovery a gold-silver system.
At the Opochi discovery, Kootenay Gold recorded highly anomalous gold, silver, copper, lead and zinc from 124 grab samples. The mean value for the 124 samples was 0.12% copper, 0.93% lead and 1.17% zinc. 58 of the 124 samples also recorded gold grades greater than 0.1 grams per tonne, with 18 samples recording greater than 1 gram per tonne. The highest gold grade was 10.47 grams per tonne. 47 of the 124 samples also returned silver grades in excess of 20 grams per tonne with the highest silver grade coming in at 1422 grams per tonne. In total, Kootenay gold indentified low to intermediate sulphidation over a 1x2 kilometer area in veins, stockworks and breccias.