The following article appeared in the September 12th, 2013 Mining World.
Newstrike Capital’s ZTEM geophysical survey has identified new exploration potential at Aurea Norte, Guerrero, Mexico. Newstrike Capital’s recently completed ZTEM airborne geophysical survey over its Aurea Norte property has successfully identified several high priority anomalies on a parallel trend with its flagship gold deposit at Ana Paula.
The survey covered an area known as the San Luis Trend, an important structural corridor over 10km in length that has returned anomalous assays from widespread near-surface gold mineralization. “Preliminary ZTEM results have identified several ‘blind’ exploration targets that coincide with favourable GGB (Guerrero Gold Belt) style surface alteration in outcrop that includes iron oxide alteration, jasperoid breccia, silicified intrusion and skarn with associated anomalous gold values.
“The survey results will be used to focus exploratory drilling along this prospective trend. In addition, several new targets were identified outside this trend that will continue to be investigated as exploration advances,” said Gillian Kearvell, VP Exploration.
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