DSR-v...in the news:
Doublestar Resources completes first phase at Zopilote
Mr. Paul Saxton reports
SUCCESSFUL HONDURAN PROGRAM GENERATES MULTIPLE TARGETS. ADDI ...
Doublestar Resources has completed the first stage of an exploration
program for gold that its Honduran subsidiary, Aurora Exploracion S. de
R.L., is conducting to the west of its Zopilote gold project, and just
south of the Honduran border with Guatemala.
During 2002 and up until the end of January, 2003, the company conducted a
stream-sediment reconnaissance program primarily on the area covered by the
Quimistan and Azacualpa map sheets. In conducting this program, the company
has built on its experience in the area of the Zopilote project, and has
categorized the resulting watershed anomalies as first-order, second-order
and third-order anomalies as follows: Greater than 1,600 parts per billion
gold indicates a first-order anomaly; 800 to 1,590 parts per billion gold
indicates a second-order anomaly; 400 to 790 parts per billion gold
indicates a third-order anomaly; and anything less than 400 parts per
billion gold classified as background.
These gold values represent the content of the minus-80-mesh fraction of a
panned concentrate from a bulk stream-sediment sample of approximately 45
kilograms.
The Quimistan map sheet yielded 54 first-order stream watershed anomalies
with values up to 26,000 parts per billion (26 grams) gold, and the
Azacualpa map sheet yielded 31 first-order anomalies with values up to
22,000 parts per billion (22 grams) gold. A total of 70 sample locations
showed gold in the pan. This extremely successful program has resulted in
the company acquiring or applying for 11 concessions covering 108 square
kilometres.
The company is now able to focus its work on the multiple targets generated
by the program. The next stage will consist of soil geochemistry grids and
geologic reconnaissance aimed at locating gold-in-soil anomalies, which may
define drill targets. This work has started and will be continuing during
all of 2003, with an estimated 800 soil samples generated every month. The
company has two crews working on this program under the direction of Anibal
Godoy, ingeniero, and Peter Donovan, BSc, PhD, who have a combined geologic
work history exceeding 40 years in Honduras. The primary target is
bulk-tonnage, disseminated gold deposits similar to Zopilote, Vueltas del
Rio and San Andres. |
