Salazar Resources (SRL.V) Message Board

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Gold/Mining/Energy : Salazar Resources (SRL.V)

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From: TheSlowLane	2/26/2012 9:01:49 AM
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Regarding Santiago...here is a description from the release announcing acquisition of the property: The area consists of primarily altered volcanic polymictic felsic, tuff-breccias with extensive zones of silica and alunite alteration for approximately 3 kilometres along the project road. The mineral assemblage of the quartz-alunite zone is well known to be associated with high sulphidation gold deposits. The property also contains a swarm of polymetallic bearing quartz veins, some of which were exploited as far back as the Spanish colonists. app.quotemedia.com The descriptions that I have read of the mineralization (narrow, high grade gold/silver, epithermal) and the grades strike me as being decidedly similar to what is seen at Zaruma. There's a map in the 10/22/2004 technical report on Zaruma that depicts a Santiago to the east of Zaruma and in the same geological setting:

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