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Kootenay Gold announces three more discoveries in Mexico

by patgarcia | February 23, 2009 at 06:57 am

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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.

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mtammas

at 11:47 on February 23rd, 2009

I agree with Moonwolf. More of the general population has to start speaking out against the pillaging of resources. Mexico won't stop this unless there is an international outcry. And the Mexican government isn't alone. Indigenous people the world over are still being denied their portion of today's treasure. Then there's the question of should we be supporting the ongoing distruction of our planet for the sake of, you guessed it, money. Or is it really profits for few?

oliverlovers (not verified)

at 12:05 on February 23rd, 2009

lol...really? I found a place that many players are hoo king up with h ot mo dels, seems the club called: __Tallmingle.com___, do you hear this before?

patgarcia

at 18:01 on February 23rd, 2009

oliverlovers

This is definitely spam, that has nothing to do with me or the story, just in case somebody doesn't know we get that kind of spam every now and then, how annoying......

jhazell

at 12:13 on February 23rd, 2009

Its strange that we still have the ability to avert our eyes and reach over our greedy hands to grab what we crave, from those that need it most. The Conquistadors did it it way back when and we are doing it now, for all the same reasons, riches, greed.

El Mooij

at 14:41 on February 23rd, 2009

I honestly believe it's a pity that my very own government won't dig it up themselves and at least use it for the very own progress of the country. It is too bad that the majority of the government power is in the wrong hands.

car1edb

at 11:47 on February 24th, 2009

isn't it that the gov don't have the money/resources to get it out themselves, so they sold off the mining rights long ago?

Yvon from Ottawa

at 15:23 on February 23rd, 2009

On our way to Mexico, to escape the harsh Canadian winter of 2008-2009, we flew over the rugged but beautiful terrain of Sierra Madre, about an hour before landing in Puerto Vallarta.

Yvon from Ottawa has contributed a photo to this story.