Kinbauri Gold confirms extensive gold zones at Aztec, Nevada
by Jo Black

Kinbauri Gold Corp. has received the final report from its rock trenching program completed on its Aztec property (Aztec) in the Goldfield area of Esmeralda County, Nevada; approximately 184 linear meters were excavated (about 442 cu m) following drilling and blasting. The excavations targeted the more prospective areas within a large (1,200m by 200m) gold in soil anomaly. Assays from numerous grab samples and drill cuttings support the prospectivity of this broad area.
Two trenches were excavated at the south end of the gold in soil anomaly and produced the following assays:
TRENCH 1: 0.6g Au/t over 35m with a range of values from 0.3 to 1.1g Au/t.
TRENCH 2: 0.3g Au/t over 33m with a range of values up to 0.7g Au/t over 1.5m.
Both trenches were excavated in silicified and micro-fractured lapilli tuffs: associated anomalies in Ag, As, Sb and Hg, a suite of elements common to epithermal gold deposits in Nevada, are also present. Noteworthy is a short hole drilled by Kennecott in 1989, approximately 60m ESE of Trench 1 that intersected 3.2g Au/t over 4m, including 8.7g Au/t over 1.5m (historic).
Four trenches were excavated over a distance of 200 m at the north end of the geochemical Au in soil anomaly and produced the following assays:
TRENCH 4: 0.6 g Au/t over 12 m.
TRENCH 5: 0.5 g Au/t over 21 m; including 1.1 g Au/t over 5.5 m.
TRENCH 6: 0.4 g Au/t over 27 m, including 1.3 g Au/t over 3.3 m.
TRENCH 7: 1.2 g Au/t over 11 m, including 2.6 g Au/t over 3.3 m.
Gold in these trenches is hosted in brecciated gossanous limestone with jasperoid layers and it is associated with a clearly identifiable N-S fault. These trenches have associated anomalous values in Ag, As, Sb, Hg and Mo.
These results confirm the presence of epithermal gold systems on the Aztec property, hosted in silicified tuff of Tertiary age and in Paleozoic gossanous, brecciated, jasperoid bearing limestone. Drilling and mapping by Kenncott and U.S. previously Borax defined a pervasively altered north-south trending gold bearing dome-like structure in the silicified tuffs: however its total extent is difficult to determine because of alluvial cover.
Related posts to: Kinbauri Gold confirms extensive gold zones at Aztec, Nevada
Nevada Copper expands East and North deposits ...
Allied Nevada purchases mining fleet ...
Gryphon enters lease agreement with Pruett-Ballarat ...
Allied starts operational activities at Hycroft Mine ...
Resource update for Sutter Gold project ...
Latest Metals News:
Gold ends session lower in New York, but gains on week
Gold prices retreat after setting new intraday high
Gold closes at $1,666 per ounce in New York trade
Gold prices at new records on disappointing US data
Gold prices lower but comes off session lows on manufacturing data
Gold sets new intraday, closing highs to end trading week in New York
Copper rises; precious metals prices see declines
Gold prices drop on profit-taking, stronger US dollar
$1,616.80 per troy ounce: Another record high for gold
Gold trades as high as $1,624.30 per ounce in New YorkPrevious: « Technical report of MMX Corumbá’s Mineral Resources and Reserves
Next: Rusal acquisition in jeopardy as Norlisk co-owners mend fences »
Visited 1777 times, 1 so far today