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Metallic Minerals Acquires La Plata Property in Southwest Colorado-2020 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
9/18/2019 - Laser expo, Sheet Metal Industry expo |
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Metallic Minerals Corp announced that it has entered into an option agreement to acquire a 100% interest in the La Plata silver-gold-copper property in southwest Colorado from two private vendors. The road accessible propertycovers 32.7 square kilometers approximately 26 kilometers northwest of Durango, Colorado within the historic high-grade La Plata mining district located at the southern end of the prolific Colorado Mineral Belt. The La Plata property hosts alarge-scale precious-metals-rich porphyry system with associated high-grade silver and gold epithermal deposits. The La Plata district has a long and rich history of mining with the first silver depositsdiscovered in the 1700s by Spanish explorers. High-grade silver and gold production has beendocumented from the1870sthrough the early 1940s from vein structures, replacement bodies and breccia zones at over 90 individual mines and prospects. From the 1950s to 1970s, major miners Rio Tinto, Exxon and Freeport-McMoRan exploredin the District focusing on the significant potential for bulk-tonnage disseminated and stockwork porphyry-hosted copper mineralization1.
During this period of exploration, 49 holes were drilled on the Property, totaling 12,700 meters. Drill holesand trenchesconfirmed the presence of alarge-scale, multi-phase, precious-metals-rich alkalic copper porphyry system grading up to 1% copper with significant silver and other precious metals. Covering at least 3 km by 1 km the porphyry system is exposed over 1 km of vertical relief and remains open to expansion. This large-scale system centers on a 10 km2 magnetic anomaly and is highlighted by an intense hydrothermal alteration signature. Surrounding the porphyry system is an associated high-grade silver and gold-rich epithermal system measuring at least 8 km by 2 km that hosts56 identified vein, replacement and breccia structures. Historical production from some of these high-grade structures exceeded 500 grams per tonne (“g/t”) silver and over 30 gram per tonne gold with some of the richest deposits exceeding several hundred ounces per ton gold and over a thousand ounces per ton silver.
钣金展-激光展-2020年第二十一届广州国际激光设备及钣金工业展
-2020
China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
-Sheet metal exhibition, Sheet metal expo, 2020
Sheet metal exhibition, 2020 Sheet metal expo, China Sheet metal exhibition,
China Sheet metal expo, Laser Equipment exhibition, Laser Equipment expo, 2020 Laser
Equipment exhibition, 2020 Laser Equipment
expo, Laser exhibition, Laser expo
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