They've found a silver chimney
PACIFIC COMOX RESOURCES LTD. - ADDITIONAL ENCOURAGING SILVER/GOLD ASSAY RESULTS RECEIVED FOR THE FAMOSA PROPERTY IN SONORA MEXICO
Pacific Comox Resources has received new assay results from its wholly owned 191-hectare Famosa property located approximately 60 kilometres to the south of Caborca, Sonora, Mexico.
Four new grab samples taken on a rectangular grid approximately 20 metres by 30 metres and from a depth of about one metre are reported in the table below. The assays for two previously reported grab samples are also included. The six samples indicate a mineralized zone averaging 1.4 grams per tonne gold and 957 g/t silver as well as lead and zinc. The base metal assays for the four new samples are pending.
The mineralization represented by these six samples appears to be associated with a fold nose and a cross-cutting fault which may form a chimney about 30 metres in diameter. The identified mineralization (argentiferous galena, stibnite and green chlorargyrite) is typical of a CRD (carbonate-replacement-type deposit).
Pacific Comox is planning additional surface mapping, sampling and a reverse circulation drilling program on the Famosa property to test the identified mineralized zone at depth.
Sample Sample
No. type Gold Silver Lead Zinc
(g/t) (g/t) (%) (%)
Previous
samples
PC-75 Grab 0.3 185 3.9 4.1
PC-76 Grab 2.2 227 3.6 0.4
New
samples
D-1 Grab 4.3 3,415 Pending Pending
D-2 Grab 1.1 398 Pending Pending
D-3 Grab 0.5 1,447 Pending Pending
D-4 Grab 0.2 73 Pending Pending
Average
of six
samples 1.4 957 3.8 2.3
Several old workings occur in the area of the Famosa property including the Union mine located about 1.5 kilometres to the northeast which was operated by Penoles in the 1960s. At the Union mine, about 0.7 to one million tons were extracted from a 400-metre-deep replacement pipe in limestone with grades in the order of 10 to 20 g/t gold, 300 to 800 g/t silver, 7 per cent lead, 1 per cent zinc, and 2 per cent antimony.
In addition to the proposed exploration on the Famosa concession, Pacific Comox is planning a mapping and close-spaced drilling program on the Mabel property, subject to the completion of financing. The sample preparation and fire assays for the Famosa samples were completed by Actlabs, Inc. of Tucson, Ariz. The samples were taken under the direction of James Janzen and Cesar Lemas.
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