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Gold/Mining/Energy : Precious and Base Metal Investing

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To: loantech who wrote (29588)5/12/2004 11:19:32 AM
From: loantech  Read Replies (1) of 39344
 
FR upside exploration potential at Niko:
sedar.com
Geologic evidence to date suggests that Niko Estrella is part of the polymetallic mineral halo
perhaps surrounding a buried igneous intrusion into Cretaceous limestones (Aurora formation)
that may occupy the area between Niko Norte (north) and Niko Sur (south) hills hidden under soil
cover and or limestone strata. The age of the intrusion (if it exists) and mineralization is mid-
Tertiary. Because of its environment and being situated in receptive Cretaceous sedimentary
rocks, the Aurora formation, has potential for a very large body of mineralized rock. Similar ore
bodies documented in Japan have a vertical extent of 2 thousand metres (6 thousand feet). Niko
Estrella manifests distal alteration and mineralization characteristics of other polymetallic
replacement deposits including the near by Naica district, 20 km SW and the Santa Eulalia district
60 km NE, as reported by Megaw, 1986. Potential for large-scale underground mining is thought
to be excellent.
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