Tournigan Gold Starts Kremnica South Exploration, Slovakia
Published:
8 December 2003 y., Monday
Tournigan Gold Corporation is working on two fronts in the Slovak Republic.
First, in order to rapidly progress to gold production, scoping
study work has commenced on the Company's 100% owned, one-million
ounce plus Kremnica gold project centered on the historic
Kremnica Mine. Second, Tournigan's initial exploration program
has started in the Kremnica South area, five kilometres south of
the Kremnica Mine, which could host an entirely new, large gold
deposit.
A steeply dipping, north-south oriented, fault system acted as
the primary conduit for epithermal veining and gold
mineralization in andesite host rocks at the Kremnica-Sturec mine
area. Five kilometres south the andesite is covered by younger
volcanic rocks. Widespread argillic-propylitic alteration,
silicification and brecciation along with showings of arsenic,
antimony and mercury are observed in these volcanic rocks. This
type of alteration is typical of the upper levels of large-scale
hydrothermal systems. Therefore, there is a strong possibility
that there could be Kremnica-type gold mineralization in the
andesite rocks below. Reports by the Slovak Geological Survey of
gold occurring in drill holes and drainage tunnels beneath the
area give support to the idea that Tournigan could discover an
entirely new gold deposit in the Kremnica South area.
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