Drill Hole Location Map with Magnetic Anomalies and Existing Zinc and Tin Resources
The map below illustrates the collar locations and drill traces of the drill holes completed and in progress at South Ayawilca and West Ayawilca. The table below the map provides the status of the drill holes as at April 18, 2017. Complete drill results reported to date can be found at the bottom of this page.
The map above shows magnetic susceptibility at 4,000 metre elevation (approximately 200 metre depth); hot colours indicate magnetic zones and cold colours are non-magnetic.
2017 Drill Program Overview
The Company received new 3 year drill permits for its Ayawilca property in February 2017. The new drill permits cover an area that is approximately three times the area covered under the previous drill permits, and include major new geophysical/geochemical anomalies that have never been drill tested.
A 10,000 metre diamond drill program commenced at the Property in mid-February 2017.
Drilling is focusing initially at South Ayawilca. The first drill hole of the 2017 program, hole A17-56, targeted a magnetic anomaly at the intersection of two important faults. Partial results from hole A17-56 indicate a new high grade zone discovery at South Ayawilca, approximately 400 metres from any previously defined mineralization at Central Ayawilca (March 6, 2017, news release).
A second drill rig was added in mid-March 2017. The second rig will initially attempted to test the extension of West Ayawilca, the thickest and highest grade part of the existing Zinc Zone resource, where mineralization remains open down-dip to the west (see cross section below). However, drill hole A17-58 was lost before achieving the target depth and the drill rig was mobilized to South Ayawilca due to the significant zinc mineralization encountered by holes A17-56 and A17-57. In addition, a third drill rig was added in South Ayawilca in mid-April 2017 to accelerate drilling of mineralization encountered in this new discovery zone. The Company plans to test the extension of West Ayawilca later in the drill program.
Ayawilca Cross Section (Looking Northwest) Showing Mineralized Zinc and Tin Zones
The Company plans to add a fourth drill rig by early May 2017. Initially this
drill rig will test Zone 3, which lies on the eastern side of the Chaucha
fault, a major northwest trending structure that also coincides with a magnetic
and gravity anomaly. Zone 3 has not
previously been drilled (see cross section below).
Ayawilca Schematic Cross Section