First Mexican Gold Corp.

NEW: now 100% interest in the Guadalupe Property in Sonora, Mexico (Jan. 2012) / Best intercept: 37.8 metres of 6.51 g/t Au, 678 g/t Ag

Free
Message: copper porphyry.....?

"The second is an area of previously narrow vein mining that contains two adits with near-vertical narrow veins that extend to surface. This area can be visually seen to extend in excess of 300 metres beyond previously mined areas. Sampling of the veins in the adits has produced visible pyrite in one vein and visible azurite (copper oxide) in another. More detailed sampling is now under way and assay results will be released when received. This zone will be referred to as Ann zone and is on strike to Kristen and just south of Katelyn. This area is the least explored of the original claim package and is visually very interesting. The footings of a historic mill have been located on the Katelyn zone. It is believed that this mill was supplied feed from both the Ann and Katelyn zones, where a significant old adit has also been located that crosscuts the structure on Katelyn. Further investigation is required of this adit on Katelyn."

Ok,maybe the wording is subtle...but it says this is a vertical vein...repeat a vertical vein...that extends 300 metres...so we have 300 metres to explore to start with and it goes down...need some geo guys to comment on this...but I read into this that these sample weren't just laying around...the are part of a vertical system...where we found the copper oxide...I think the next few weeks of exploring this system could be very interesting.

For my nickel (or should I say copper)...I would like to see us do a lot of exploratory surface work before we decide on a drilling plan for FMG. I don't want to see us dilute our stock until we know more and have a clear game plan for drilling...this could be a gamechanger..JMHO. Lot's going on here!

Share
New Message
Please login to post a reply