Drilling confirms and expands gold Bearing porphyry.
Looks like it will be a massive system.
Executive Chairman Mr. Kevin Wilson said of the results “The intensity of hydrothermal alteration seen at Tesorito together with prolific gold mineralisation already recognised in the Quinchia district and elsewhere in the Cauca belt suggests this to be major mineralising system which offers great potential for exploration success. In the classic porphyry model, the mineralisation seen at Tesorito could be the gold cap to base metal mineralisation at depth.”
More results in August.
Similar porphyry valued at $1 billion - MNC market cap at $10m!
Cheers,
GB.
Ann: Quarterly Activities Report, page-10
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