Saturday, October 23, 2010 4:32:15 PM
More high grade gold-silver-tellurium has been found at the 6 Km long Gold Jackpot target area. Gold values to 16 g/t Au have been sampled here. Copper values to 1046 ppm Cu suggest an early pre-Gold possible porphyry copper metal event in the same structural "plumbing system" that was later re-fractured and used by epithermal gold-silver-tellurium mineralization (possible Emperor Mine Style, 11M oz Au at Emperor), indicating potential very large size for this Au-Te-Ag-Pb-Indium property. Tellurium (was $300/Kg) values to 339 ppm Te make this one of the largest high-grade Tellurium targets in North America. Silver to 239 ppm Ag also present, with lead values to 2% Pb and Indium to 41ppm In. Excellent large-scale Au-Te-Ag-Pb-In property with multi-million ounce open pit Gold potential, and potential large resource for "green" solar panel photovoltaic Tellurium production. Mexivada controls 100% of main outcrops of Au-Te-Ag-Pb-In target area and is formulating a drilling program for the summer 2010 field season.
A new Mexivada field exam of the new Moussondji gold district in ROC Congo found hundreds of artisanal miners working in several alluvial gold production areas, and at least one with apparent lode gold potential.
Current Work Results:
Gold: Mexivada recently has made new gold discoveries of vein and disseminated gold mineralization near its Mayoko field office, at Ngouaka, Bambounga, and Mingassa, along a 7+ km target length, close to the place where the Avoine Company mined a 1 kilogram "nugget" of vein gold. This "nugget" currently resides in the home of the French ambassador in Brazzaville. Artisanal miners have recovered nuggets here to 70 g in weight, and continue to produce coarse gold in nuggets to 10 g in weight. Mineralization is present in pyritic quartz veins along formation contacts, pyritic quartz-flooded zones associated with strong alteration of the amphibolites and gneiss, and in quartz-veined areas of ferruginous quartzite. The area has never been tested by drilling.
http://www.mexivada.com/s/Nevada.asp
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