The Gaspar gold project in Cuba has yielded more mineralization for operator KWG Resources (KWG-T).
The latest results of reverse-circulation drilling on the property’s El Pilar prospect include: 60 metres of 3.02 grams gold per tonne; 74 metres of 2.29 grams; 43 metres of 3.31 grams; 16 metres of 3.82 grams; 7 metres of 4.61 grams; 5 metres of 3.41 grams; and 17 metres of 1.46 grams gold.
Results released in November were lower, though one hole yielded 22 metres of 8.33 grams gold.
This prospect was drilled on 25-metre centres to a vertical depth of 150 metres. KWG reports that the mineralization can be found at a depth of about 50 metres, and over an area measuring 100 by 450 metres. Anomalous gold and copper values extend to depth.
The deposit remains open to the south and west. Further trenching and infill drilling are scheduled for January.
The Gaspar property consists of an 8-km-long-by-2-km-wide,
northwest-to-southeast-trending region of felsic, volcanic tuffs and agglomerates. The company believes that El Pilar is an epithermal-type gold deposit. Underlying copper values of 1% to 2% suggest the possibility of a deep-seated copper porphyry system. Recent diamond drilling beyond the depth of reverse-circulation drilling has tested this possibility. Assays are pending.
The Gaspar project is a 50-50 joint venture between KWG and Geominera, the state-owned mining company.
Be the first to comment on "More gold found at Gaspar project"