Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 05th of September 2008
Thursday, February 21, 2008

First Narrows updates on Sonora

Story link: First Narrows updates on Sonora
by Jo Black
First Narrows updates on Sonora

First Narrows Resources Corp. provides an update on its exploration activities in the north-western state of Sonora, Mexico.

Over the past 15 months, since announcing that its wholly owned subsidiary, Minera FNR de Mexico, S.A. de C.V., (FNR), acquired the rights to the past-producing Susana D’Oro copper-gold property, the Company has conducted a comprehensive prospecting and claim staking program that radiates from the original 175-hectare (433 acres) Susana property. As a result, the Company amassed a claim position in an area east of the city of Hermosillo that totals 106,314 hectares or 262,708 acres covering several new mineral discoveries and on-trend targets.

Geologically, the Property lies within the convergence of the western part of the northerly trending copper-molybdenum porphyry and gold mineral belts of Mexico. The Company’s exploration results to date suggest that three distinct modes of mineralization occur on the Property. In terms of the drill program that the Company is planning for the Property, it is most significant that none of the primary targets have previously been drilled.

The Company’s project database is constantly updated and new ore deposit models for the area have evolved. The presence of iron-oxide (Fe-Oxide) minerals (hematite and magnetite) in association with base metal and precious metal mineralization has been noted within the region as a whole. Rusty color anomalies in the soil profile, developed from the weathering of the Fe-Oxides, have also been observed over known mineral occurrences. By the spring of 2007, it was apparent that the original Susana D’Oro veins were the initial local clues to more expansive mineralizing events taking place on a regional scale.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related posts to: First Narrows updates on Sonora

Silver Quest updates Santa Rosa and Capoose-Silver Trend project ...

West Timmins updates La Dura discovery ...

Azure reports enouraging Los Chinos results ...

Kootenay drilling confirms widespread mineralization ...

Gold Resource provides updates on El Rey ...

Latest Metals News:

Latest News  Copper losses pull other metals prices lower

Latest News  Xstrata increases stake in Indophil

Latest News  BHP fatality closes Australian iron ore mines

Latest News  Palladium gains as other precious metals see declines

Latest News  EU halts investigations into BHP’s bid for Rio

Latest News  Aluminium falls amid gains for other base metals

Latest News  Lomin rejects Xstrata bid but leaves door ajar

Latest News  Metals drop with crude oil prices

Latest News  Antofagasta forges ahead despite rising costs

Latest News  Copper prices lower on jump in inventories


Previous: « Gold, silver prices gain as platinum falls back slightly
Next: Constitution completes phase 1 at Atena »

Visited 538 times, 1 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):