Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Wednesday 08th of February 2012
Monday, April 21, 2008

Drilling commences at Dorex’s Carmelita

Drilling commences at Dorex’s Carmelita

Dorex Minerals Inc. reports that diamond drilling has commenced on its 100% owned Carmelita property located within the IOCG belt of the Atacama Desert, Chile.

The company anticipates of up to 1,000-metre NQ core size diamond drill program of 5 holes that will test at least 4 mineralized zones. Diamond drilling has been contracted to Geo-Operanciones Ltda, of Copaipo, Chile.

Targets were generated from previously conducted exploration programs, which included geological mapping, rock sampling, and a geophysical survey.

The Carmelita property has long history of artisan mining. Previous exploration completed resulted in Copper grades of up to 4.8%, Gold grades of up to 2.16g/t and Silver grades of up to 85.9g/t, grades greater than 10,000 ppm of Lead and Zinc were also assayed during the 2007 exploration program.

There is a potential for widespread porphyry or IOCG (Iron Oxide Copper Gold) style mineralization as well as a smaller, higher grade structurally controlled shear zone hosted copper oxide mineralization.

The project will be supervised by Stephen Kenwood P.Geo, a qualified person under National Policy 43-101.

 


Related posts to: Drilling commences at Dorex’s Carmelita

Phase 1 drilling completed at Dorex’s Carmelita project ...

Dorex updates on Carmelita IOCG project ...

Columbus Gold commences drilling at Awakening ...

Red Rock commences 2008 drilling program ...

Golden Chalice commences drilling on Radio Hill property ...

Latest Metals News:

Latest News  Gold ends session lower in New York, but gains on week

Latest News  Gold prices retreat after setting new intraday high

Latest News  Gold closes at $1,666 per ounce in New York trade

Latest News  Gold prices at new records on disappointing US data

Latest News  Gold prices lower but comes off session lows on manufacturing data

Latest News  Gold sets new intraday, closing highs to end trading week in New York

Latest News  Copper rises; precious metals prices see declines

Latest News  Gold prices drop on profit-taking, stronger US dollar

Latest News  $1,616.80 per troy ounce: Another record high for gold

Latest News  Gold trades as high as $1,624.30 per ounce in New York


Previous: «
Next: »

Visited 2662 times, 2 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):