Below describes the area close to where the ovoid looks like it comes close to the surface towards the Zona Sur area. If you notice in the link below, you will see the original ovoid coming close to the surface, then no more geophysics in the first Quantec phase.

http://s3.amazonaws.com/s3.agoracom.com/public/photos/images/4884/large/ScreenHunter_07_Dec._07_07.38.gif

Nevertheless, it appears to me that the alteration mentioned in the 2008 tech report below may be responsible for the southern end of the ovoid signature. If this is the case, then there should be long lower grade assay results from holes that may have been drilled there, and don,t forget to add in the veins, with average grade of ~16 g/t that belong to the S2 swarm and are laid in the low grade alteration. The chart at the end of the post didn,t come out right, but for the Zona Sur is 53 samples, averaged gold grade of .35 g/t over an average width of 4.3 m, this is only the diseminated gold and the veins are not included in this. It is interesting to see how the grades shoot up in an alteration zone with little quartz veinlets closer to the ovoid in the S-1 area of, grabs across 27m averaged 1.74 g/t. This looks pretty interesting on lines of 2750 and 3000 of the 2010 geophysics in the tech report.

IMO

The northern half of the S2 swarm is hosted in propylitically altered sheared and

brecciated diorite. Thirty-three trench samples were taken from this alteration zone,

but most samples returned less than 50 ppb gold. However, several trench

samples collected immediately adjacent to veins returned anomalous gold. For

example, at the northernmost end of the swarm, sample 253401 assayed 39.6 ppm

gold across 1.1 meters. Immediately east of this, sample 253402 gave 1.02 ppm

gold across 3.4 meters. Further to the south-southeast, trench sample 253403

assayed 2.26 ppm gold across 0.9 meters. About 150 meters to the southsoutheast

of this, sample 562669, taken of altered diorite between veins, assayed

7.48 ppm gold across 2.0 meters. In view of these results, additional sampling of

wallrocks immediately adjacent to and in between veins of the S2 swarm is

warranted.

The northernmost part of the S1 vein is exposed in a small window of diorite poking

through surrounding volcanics. Within this window, an unusual style of quartz

veining was observed in what was initially interpreted as subcrop. Veining occurs

as knotty “blowouts” and micro stockworks of milky quartz in muscovite-bearing

diorite. Grabs of this material across 27m assayed 1.75 ppm gold in sample

253259. This assay was confirmed by a check sample of the rejects. However, the

outcrop source of this material was not encountered in the three deep trenches that

were excavated at the site of sample 253259. It can only be concluded that the

interpreted “subcrop” is actually transported colluvium, and that the source outcrop

may be buried beneath the volcanics.

Table 5 below summarizes results from 104 trench samples collected mainly within

propylitic alteration zones associated with many of the veins in the structural

corridor (One sample grading 39 g/t Au is omitted so as not to scew the data.

There was probably unnoted veining within this sample). The table shows that

although there is anomalous gold within the propylitic alteration zones,

concentrations are not of economic interest at the present price of gold.

TABLE 5: SUMMARY OF ALTERATION ASSAY RESULTS

Area Samples

350x480 4 170 4.75

Central

1000x1200 47 230 3.3

Sur

950x1100 53 320 4.61

Incognito

1200x2600 0 na na

Other

Na 0 na na