Vuelcos del Destino

  • Project Vuelcos del Destino
    Commodity Gold
    Location Guerrero Gold Belt
    Nearest City Chilpancingo
    Nearest Major Mining Projects Equinox Gold's Los Filos Mine
    Torex Gold’s Morelos Complex
    Heliostar Metals' Ana Paula Deposit
    Zacatecas Silver Corp's Esperanza Deposit
    Development Stage Drill Ready
    Geology Skarn-Porphyry
    Land Package 8,831 has
    Exploration Highlights Largest un-drilled intrusive complex in GGB
    Access & Infrastructure Excellent infrastructure with paved roads, power grid and Mexican mining labour force

    Project

    Vuelcos del Destino is the largest single untested gold skarn target intrusive complex measuring 12 sq km, located on the southeastern portion of the Guerrero Gold Belt ("GGB").  Several million ounces of gold has been discovered along this mineralized trend since the 1990s which continues to increase with further brownfields resource expansion and new greenfields discoveries.  Current producing mines include Equinox Gold's Los Filos mine and Torex Gold's Morelos Complex, and deposits include Heliostar's Ana Paula deposit, Alamos Gold's Esperanza deposit and Luca Mining Corp's Campo Morado mine.  One of the first operating mines was the Nukay mine which historically produced 290,000 oz.

    This presentation/website contains information about other properties in which Minaurum does not have an interest including Heliostar Metals Limited, Agnico Eagle Mines Ltd, Equinox Gold, Luca Mining Corp., Torex Gold Resources Inc. and Zacatecas Silver Corp.  Information about these properties is not necessarily indicative of the mineralization on the Company's properties.

  • Intrusions are biotite-and quartz-rich porphyries similar to intrusive rocks associated with gold deposits along the GGB. Contact-related calc-silicate (skarn) and magnetite-oxide-jasperoid alteration is locally developed in the carbonates, and intrusive rocks host widespread structurally controlled oxide-clay-calcite alteration, identical in setting and style to that seen at Equinox's Los Filos and Bermejal open pit mines.  The transition from the limestone of the Morelos Formation to the limey shales and siltstones of the Mexcala Formation, where intruded by Laramide stocks is known to be favorable for gold mineralization in the Guerrero Gold Belt.  Mineralization may occur along the margins of the intrusive bodies, especially at the levels of the Mezcala-Morelos transition, and/or within the intrusive bodies themselves.

    A helicopter-borne Variable Time-Domain Electromagnetic (VTEM) / Magnetic survey at the Vuelcos del Destino project was completed and analysis and interpretation of the results, identified trace-element (pathfinder) geochemical anomalies associated with the margins of the intrusive rocks similar to those that host deposits in the Guerrero Gold Belt.  Three targets have been outlined that coincide with a 2-km diameter granodiorite porphyry stock that is typical of Guerrero Gold Belt intrusions. Alteration and structural features within the stock are identical in nature to those seen in the Los Filos deposit. Stream-sediment geochemical anomalies coincide with the stock outline and with geophysical targets delineated by the airborne survey.

    Table 1. Guerrero Gold Belt Mineral Resources

    Guerrero Gold Belt Mineral Resources
    Company  Mine Source Category Tonnes  Grade (g/t) Contained Au  Tonnes  Grade (g/t) Contained Ag
    Equinox Gold  Los Filos Equinox Gold Feasibility Study Los Filos Expansion October 19, 2022 Proven 35,453,000 0.77 877,000 35,453,000 5.10 5,809,000
        Webpage: Mineral Reserves and Resources Probable 157,773,000 0.88 4,477,000 157,773,000 7.20 36,761,000
          P&P 193,226,000 0.86 5,354,000 193,226,000 6.90 42,570,000
          Measured 47,306,000 1.15 1,757,000 47,306,000 7.20 10,876,000
          Indicated 278,020,000 0.69 6,140,000 278,020,000 7.40 66,485,000
          M&I 325,326,000 0.75 7,897,000 325,326,000 7.40 77,360,000
          Inferred 135,935,000 0.74 3,237,000 135,935,000 8.90 38,969,000
          Total 654,487,000   16,488,000 654,487,000   158,899,000
    Zacatecas Silver Esperanza Mineral Reserves & Resources Report Dec 31, 2021 Document Proven 0 0.00 0 0 0.00 0
        Webpage: Esperanza Project Probable 0 0.00 0 0 0.00 0
        Wepage: Jan 3 2023 - News Release Zacatecas Silver P&P 0 0.00 0 0 0.00 0
        NI 43-101 Report December 30, 2022 - Zacatecas Silver Measured 4,204,000 1.45 137,000 4,204,000 10.30 832,000
          Indicated 26,334,000 1.24 775,000 26,334,000 10.00 7,678,000
          M&I 30,538,000 0.93 913,000 30,538,000 8.70 8,510,000
          Inferred 8,737,000 0.91 256,000 8,737,000 14.50 4,087,000
          Total 39,275,000   1,169,000 39,275,000   12,597,000
    Heliostar Metals Ana Paula NI 43-101 Report January 11, 2024 Proven 0 0.00 0 0 0.00 0
        Webpage: Mineral Resources and Reserves Probable 0 0.00 0 0 0.00 0
        Webpage: Ana Paula Project P&P 0 0.00 0 0 0.00 0
          Measured 1,110,000 8.97 320,204 0 0.00 0
          Indicated 2,240,000 5.42 390,716 0 0.00 0
          M&I 3,350,000 6.6 710,920 0 0.00 0
          Inferred 3,280,000 4.24 447,512 0 0.00 0
          Total 6,630,000   1,158,432 0   0
    Torex Gold  Morelos Complex Webpage: Mineral Resources and Reserves Proven 8,306,000 2.9 776,000 8,306,000 4.40 1,170,000
          Probable 30,332,000 2.91 2,833,000 30,332,000 20.50 20,037,000
          P&P 38,638,000 2.91 3,609,000 38,638,000 17.10 21,206,000
          Measured 6,725,000 5.17 1,117,000 6,725,000 16.10 3,486,000
          Indicated 41,035,000 3.03 3,992,000 41,035,000 23.60 31,164,000
          M&I 47,760,000 3.33 5,110,000 47,760,000 22.60 34,650,000
          Inferred 15,821,000 2.49 1,267,000 15,821,000 23.00 11,675,000
          Total 102,219,000   9,986,000 102,219,000   67,531,000

    Note: This presentation/website contains information about other properties in which Minaurum does not have an interest including Agnico Eagle Mines Ltd, Equinox Gold Corp., Heliostar Metals Limited, Luca Mining Corp, Torex Gold Resources and Zacatecas Silver Corp.  Information about these properties is not necessarily indicative of the mineralization on the Company's properties.

     

  • The Eureka Drill Hole That Started It All

    What is the Guerrero Gold Belt?

    Click Here For More Videos

Subscribe for email updates