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Project Name
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Location
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Highlights
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Status
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Trinidad District
213,00 hectares
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Sinaloa, Mexico
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| Trinidad Property |
HS Zone & Eldorado Zone |
Best drill results to date come from diamond drill hole:
09TR012: 8.50 g/t gold over 61.1 metres from 151.0 to 212.1 metres (including 10.2 g/t gold over 40.1m).
08TR013: 5.29 g/t gold over 23.6 metres from 157.0 to 180.6 metres (including 15.8 g/t over 7.3 metres).
08TR014: 5.3 g/t gold over 7.8 metres from 106.2 to 114.0m and 9.7 g/t gold over 7.0 metres from 131.0 to 138.0m, northeast of the Taunus pit.
09TR015: 5.3 g/t gold over 65.9 metres from 124.0 to 189.9 metres (including a higher grade interval of 7.6 g/t gold over 42.5 metres).
09TR016: 5.2 g/t gold over 36.5 metres (from 160.9 to 197.4m) within a larger interval of 3.4 g/t gold over 60.6 metres (from 160.9 to 221.5m).
09TR022: 8.6 g/t gold over 20.9 metres from 120.0 to 140.9, including 17.4 g/t gold over 10.1 metres.
09TR025: 3.6 g/t gold over 81.8 metres from 151.0 to 232.0 metres, including 7.1 g/t gold over 31.9 metres.
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As of December 2009 approximately 7,800 metres in 33 diamond drill holes have been completed at the Trinidad project. Drilling has identified five significant mineralized zones (HS, El Dorado, Bocas, Taunus South and El Tanque).
43-101 compliant Inferred resource at Taunus: 4,491,800 tonnes @ 1.39 g/t Au for a total of 200,930 ounces (2007). Resource estimate calculated using RC drilling and does not include any of the diamond drilling reported in column to left.
Drilling will continue to focus on expanding the existing gold resource in these areas as well as explore at depth to identify potential feeders and discover new zones
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Bocas Zone |
09TR030: 1.91 g/t from 8.1 to 10.1;
0.91 g/t from 23 to 25m;
0.73 g/t from 33 to 35m;
0.71 g/t from 45 to 61m.
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Bocas Zone has been identified as a shallow zone of low grade material amenable to open pit extraction. More drilling is required to determine the size and connectivity of this shallow zone to others on the property. |
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South Taunus Zone |
09TR028: 0.86 g/t from 159.9 to 163m;
0.04 g/t from 171 to 183.4m.
09TR032: 1.10 g/t from 132 to 165m;
5.73 g/t from 141.5 to 145.1m;
2.98 g/t from 242 to 251m;
0.86 g/t from 159.9 to 163m.
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Drilling will continue to focus on expanding the existing gold resource in these areas as well as explore at depth to identify potential feeders and discover new zones. |
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El Tanque Zone |
09TR033A: 2.2 g/t from 32 to 39.2m; 0.49 g/t from 89 to 127.7m (including 1.30 g/t over 115 to 121.7m).
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Drilling will continue to focus on expanding the existing gold resource in these areas as well as explore at depth to identify potential feeders and discover new zones. |
| Regional Targets |
San Miguel |
San Miguel – 1,500m x 500m soil anomaly open to southeast and west. 8 holes drilled in small area, and returned 2.18 g/t Au over 3.65 m and 4.27 g/t Au over 2.5 m respectively. Numerous rock chip samples > 1g/t Au. |
Presence of gold detected in 19 drainages through panning of stream sediments with values returned as high as 8 g/t Au. Further eexploration planned for 2010. |
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Colinas |
Prospecting and sampling has returned anomalous gold on surface over significant area. |
Colinas is on trend with Taunus zone further work is required in this area to determine its significance. |
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Lupita |
400m x 200m soil anomaly (> 50 ppb Au) with individual soil results up to 690 ppb Au. Target area never previously drilled. |
Further exploration is planned for 2010. |
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Potrerillos |
Two soil anomalies - 550m x 250m and 200m x 100m (> 50 ppb Au) with individual soil results up to 1,880 ppb Au. |
Presence of gold has been detected in 22 drainages through panning of stream sediments.
Further exploration is planned for 2010.
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Guayabo |
Trench results of 10m @ 2.3 g/t Au, 94 g/t Ag, 0.2% Cu and 0.1% Bi. Soil sampling and geologic mapping completed over extents of anomaly. |
Further exploration is planned for 2010. |
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Cienega |
Mapping indicates hydrothermal breccias up to 1m wide with chip samples returning values up to 2.3 g/t Au. Area of interest approximately 300m x 600m. |
Presence of gold detected in 4 drainages through panning of stream sediments. Geologic mapping has defined extent of anomaly. Further exploration is planned for 2010. |
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Cerro Colorado
La Ponderosa
San Cristobal |
All of these showing are on the Trinidad Property and have returned anomalous gold in rock samples and require further exploration. |
Further exploration is planned for 2010. |
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Cimarron
8,100 hectares
|
Sinaloa, Mexico
|
High grade stream sediment gold values (>200 ppb to 2,245 ppb Au) returned over a significant area (20 km2). High grade channel samples: 11 g/t Au over 3 m; grab samples up to 128.4 g/t Au. Completed ground magnetic and in-fill geochemical survey.
Highlights of July 2008 drill program include:
- CIMRC08-001: 0.6 g/t gold over
84.0 m
-CIMRC08-002: 0.9 g/t gold over 90.0
m (including 1.8 g/t gold over 24.0
m)
- CIMRC08-004: 0.7 g/t gold over 60.0
m
- CIMRC08-006: 0.5 g/t gold over 76.0
m
The Calerita target is centered on a 1 kilometre by 300 metre northeast trending gold-in-soil anomaly hosted in intrusive and volcanic rocks. The gold mineralization is interpreted to be porphyry-style related to epidote, chlorite, and quartz.
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Joint venture partner defaulted on exploration expenditure and the property has been returned to Oro Gold.
Over $1,000,000 spend in exploration by joint venture partner.
Plans for future exploration are being contemplated with strategic partners.
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Tigra Negra
63,600 hectares |
Nayarit, Mexico |
Government geochemical data showing highly anomalous gold (up to 985 ppb gold) over a large area in stream sediments, and the existence of historic gold workings. |
Recon mapping and stream sediments surveys scheduled in 2009. |
El Habal
3,785 hectares |
Sinaloa, Mexico
|
Significant past drill intercepts reported by MK Gold Company/Cominco in 1999; 300 metres averaging 1.0 g/t gold (Non-NI 43-101 compliant) |
Commence surface exploration in the 4th quarter of 2008 |
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San Isidro
6,900 hectares
|
Sinaloa, Mexico |
Best drill intercept: 10.82 g/t Au over 5.74 m (at surface).
Intersected stockwork veining – potential remains for high-grade feeders.
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Completed 1,656 m, 11 core holes at Main zone.
Completed a ground mag survey for additional targeting.
Looking for JV partner.
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