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EXPLORING POLYMETALLIC MASSIVE SULPHIDE IN MEXICO
In 2009 activities were limited on site and include minimum work as required by Mexican mining regulations to maintain the concessions in good standing. Some additional mapping and sampling was done in the Aranjuez area to correlate surface geology with historic 1986 drilling.
Reverse Circulation (RC) drilling of the Cuale area in 2008 intersected multiple massive sulphide (MS) mineralizations in three zones as well as a separate silver mineralization event. The MS mineralization can be divided into three parts: black sulphides (zinc-lead); yellow sulphide (zinc-lead-copper) and silicified sulphides (iron-silica). Silver mineralization sometimes is found with the MS mineralization, but as often it is without any base metals.
Table 1; Highlights from 2008 RC drilling.
| HOLE |
ZONES |
INTERSECTION |
TYPE |
Zn % |
Ag g/t |
Pb % |
Cu % |
Au g/t |
| ZIM3 |
San Juan |
28.6 |
Silver |
|
85.9 |
|
|
|
| |
San Juan |
59.2 |
Zinc MS &
silver |
2.1 |
58.4 |
1.1 |
0.0 |
0.05 |
| ZIM9 |
San Juan |
29.6 |
Silver |
|
184.3 |
|
|
|
| |
San Juan |
58.1 |
Zinc MS &
silver |
2.1 |
179.0 |
0.9 |
0.0 |
0.04 |
| ZIM16 |
Jesus Maria/
Patrocinio |
89.8 |
Zinc MS |
2.3 |
3.6 |
0.1 |
0.1 |
0.04 |
| ZIM25 |
Naricero |
9.2 |
Silver |
|
62.6 |
|
|
|
| ZIM30 |
Jesus Maria/
Patrocinio |
39.8 |
Zinc MS |
5.2 |
14.7 |
1.4 |
0.2 |
0.14 |
With the general improving of the world economics and share price, the company is planning increased activities for Fiscal 2010. Financing is planned for the second quarter. The funds will be used for ground geophysics to define the three dimensional shape of the mineralization's. Electromagnetic (EM) surveys will be completed in the Cuale area drilled in 2008 as well as of the Desmoronado (Almatea zone), Bramador, La Mina and Aranjuez areas. Induced Polarization (IP) survey is planned for the Porphyry Molybdenum-Copper airborne EM and soil geochemical anomaly to the northeast of the Aranjuez area. The geophysical surveys will be followed up by drilling with the goal of preparing a National Instrument (NI) 43-101 compliant resource estimate by year end.
Information in this website is only for the reader's general knowledge. Information provided is not intended to be a comprehensive review of all matters and developments concerning Zinco and Zinco assumes no responsibility as to its completeness. The information should not be construed or interpreted as (or part of) an offering of (or solicitation for) securities. No securities commission or other regulatory authority in Canada--or any other country or jurisdiction--has passed judgment upon this information and no representation or warranty is made by Zinco to that effect.
Caution regarding Mineral Properties
Information on this website contains forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs and geological interpretations. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company is in the process of exploring its resource properties (Jalisco MS Project) and has not yet determined whether there are minerals or mineral reserves that are economically recoverable. |
