Quia Resources (CVE:QIA) said Tuesday that it had identified a two-kilometre long vein system at the historic Libertad mine in the north block of its San Lucas project in Colombia.
The gold exploration company said the vein system, of at least two
kilometres in strike, has been outlined through mapping and underground
channel sampling in artisanal tunnels.
The underground channel sampling returned grades as high as 39 grams per tonne (g/t) gold and 80 g/t silver, said Quia.
The initial reconnaissance sampling and mapping program in the north
block of its San Lucas property in the area of the historic Libertad
gold mine consisted of a total of 40 underground channel and rock chip
samples as well as 90 soil samples.
The north block is situated approximately 14 kilometres north of the
Colina-Rueda-Durmiente area. The Libertad target is a new target-type at
the San Lucas property that has yet to be drill tested, the company
"The Libertad vein system is a unique opportunity because the
historical and current artisanal mining and extensive underground
development has enabled us to quickly get a solid understanding of the
type of mineralization, structural control and potential size of the
system," said Quia CEO Yannis Banks.
"Based on the dimensions of the system that we were able to determine
through this initial program, Libertad appears to hold the potential
for significant scale."
Indeed, the main Libertad structure is currently being mined
artisanally over a strike length of approximately two kilometres and
artisanal mining is also taking place in an area known as Montecristo,
which is interpreted as a parallel structure.
On the Libertad structure, the company was able to access an area of
underground development continuous along 650 metres of strike.
Quia also said that individual quartz-vein-breccia systems have been
measured in places up to four metres in true width in the Libertad
tunnels. Visible gold was also observed in some samples.
In light of the encouraging results from the Libertad target, Quia
said it is planning to incorporate the Libertad target into its current
phase 1 drilling program.
At the moment, the drill program, with one rig, is progressing at the
Rueda South target with 300 metres drilled to date this year in two
The Rueda South target consists of two intersecting gold-in-soil
anomalies, one trending north-east, traceable for some 700 metres, and
the other north-west, traceable over some 500 metres.
is focused on its 100 percent-owned San Lucas property in the San Lucas
gold belt, which is among the least explored and most prospective gold
belts in Colombia.