HUN Early indications are good13 Jan 2015 19:11
The Buenaventura Data has identified and highlighted numerous mineralised veins and is being used as the primary source for the planning of Gold Hunter's initial 2014 sampling and drilling campaigns. The results from the review and digitisation of the Buenaventura Data include grades of up to 70 g/t Au, 2377 g/t Ag, 44.9% Pb, and 28.9% Zn.
Higher grade sections within four of the main veins (Santa Domingo, Gaviota, Victoria and Luz) have been identified as the priority targets from this historical sampling . Other veins are mineralised and will be the subject of future exploration. For example, a 70m long area of interest has been identified on the Melita vein but is not an immediate target until underground access can be re-established.
The results of the channel and rock chip sampling from both underground and surface from the Buenaventura Data are detailed below in Table 1.
In particular the Buenaventura rock chip and channel sampling identified the following zones with high grade potential. Some of these targets have recently been sampled by Gold Hunter during its initial assessment of the project, returning the following high grades of gold, silver and base metals:
Victoria vein 500m mineralised vein exposed of which a 250m section averages 3.93 g/t Au, 131 g/t Ag, 1.42% Pb and 3.87% Zn.
Luz vein 470m mineralised vein exposed of which a 200m section averages 8.84 g/t Au, 97 g/t Ag, 0.39% Pb and 4.16% Zn.
Gaviota vein 1,250m mineralised vein exposed of which a 90m section averages 7.93 g/t Au, 138 g/t Ag, 0.57% Pb and 0.41% Zn.
Santa Domingo vein 2,000m mineralised vein exposed of which a 350m section averages 0.57 g/t Au, 84 g/t Ag, 2.21% Pb and 2.00% Zn.
Melita vein 515m mineralised vein exposed of which a 70m section averages 2.63 g/t Au, 166 g/t Ag, 3.20% Pb and 4.90% Zn
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