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The mineralized structures on the Mina Real Property form part of a low sulphidation epithermal gold-silver system which is comprised of quartz veins and quartz breccia with iron and manganese oxides. The Florida veins trend NW-SE and have steep dips. The width of the veins varies from approximately 0.30 to over 3.0 meters wide. They appear to be structurally controlled by a set of parallel faults and at places displaced by NE trending post-mineral faults. Some vein segments contain elevated gold and silver values, mainly due to oxidation and secondary enrichment. The host rock is a dacite which shows silicification and quartz veinlets in the wall rocks adjacent to the quartz veins. The silicified wall rocks are narrow, generally 1 to 2 meters on each side of the veins.
Over 6 kilometers of quartz gold/silver vein structures have been identified to date on the Mina Real Property, with the principal ones being Florida 1, 2 & 3 and the Tajos Cuates veins. Recent geological field work, such as geological mapping, limited trenching and drill core examination, indicates that the Florida Vein system may have good continuity to the northwest for at least another kilometer from the mine area. The vein structure appears to have a vertical continuity of over 250 meters, as observed from surface outcrop to the bottom lowermost developed adit, and in places reaches a true thickness of over 3 meters.
In May 2006 a 1,700+ metre extension of the mine access road was completed from the base of the Florida Mine site to the Tajos Cuates mineralized structure, which has the potential to be mined as a separate ore body. The January 22, 2006 43-101 Report prepared by Victor Jaramillo, P. Geol. made the following comments on Tajos Cuates:
"A Vein system called Tajos Cuates south of the Florida Veins, has also been visited and sampled by the writer. One of the samples taken of the vein has a true width of 1.70 meters and is composed of fractured quartz and concentrations of limonite and manganese oxides. It appears to be a large zone of secondary enrichment. It returned 2.77 g/t gold and 1,330 g/t silver."
A limited drill program is currently underway in this recently accessed section of the property to obtain a better understanding of the Tajos Cuates structure and its potential.
The other veins that are known to exist require exploration, mapping and sampling.
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