checkAd

     454  0 Kommentare Caza Gold Commences Exploration on Piedra Iman and Las Lajas Projects, Nicaragua

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - Brian Arkell, CEO and President of Caza Gold Corp. (the "Company" or "Caza") (TSX VENTURE:CZY)(FRANKFURT:CZ6), is pleased to announce commencement of the 2015 exploration programs on the Piedra Iman Project near Villa Nueva, and the Las Lajas Project near Tecolostote in Nicaragua. In addition, exploration work continues on the Los Andes Project near Boaco.

    Piedra Iman

    Piedra Iman is part of the 7947 hectare Aguas Calientes concession near Villa Nueva in northern Nicaragua. The Aguas Calientes concession is 100% owned by Caza. Initial work has identified a copper and gold anomaly on the surface covering an area of approximately 800 meters by 400 meters. Values up to 1.0% Cu and 11.0 g/t Au have been obtained from rock chip samples within a granodiorite intrusive complex. The periphery of the system is mostly covered, although copper minerals have been identified in road cuts and the mineralization appears to cover an area of several kilometers. Caza's geologists believe the mineralization may be related to a porphyry style copper gold system or an intrusive breccia system.

    Caza's work plan at Piedra Iman includes detailed outcrop mapping and sampling of the main area of exposed mineralization as well as work along the periphery to help determine the extent of the system.

    To the southwest of the Piedra Iman target, previous work has identified a number of gold anomalies in stream sediment and reconnaissance rock samples. Numerous older workings in this area suggest there is mineralization associated with a regional trend of quartz veins. Upon completion of the work at Piedra Iman, Caza plans to do follow-up reconnaissance prospecting on these anomalies.

    Las Lajas

    Las Lajas is a copper-gold target some 12 kilometers northwest of the town of Tecolostote, in the Boaco Department, Nicaragua. The prospect lies within the 12,178 hectare La Borbona concession, and is 100% owned by Caza.

    The Las Lajas prospect occurs within a two kilometer northwest trending zone of altered andesitic volcanic rocks. Work to date has defined a two by two kilometer copper-in-soils anomaly with anomalous gold in places. Copper values up to 250 ppm were identified within the soil grid with gold-in-soils up to 40 ppb Au. Rock chip samples have copper assays up to 364 ppm Cu.

    Seite 1 von 4




    Verfasst von Marketwired
    Caza Gold Commences Exploration on Piedra Iman and Las Lajas Projects, Nicaragua VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - Brian Arkell, CEO and President of Caza Gold Corp. (the "Company" or "Caza") (TSX VENTURE:CZY)(FRANKFURT:CZ6), is pleased to announce commencement of the 2015 exploration programs on the …