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.
Šaltinis:
www2.ccnmatthews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Women in the EU earn on average 18% less than men - a gap that has scarcely narrowed over the last 15 years and in some countries has even grown.
more »
43 gas and electricity projects to split €2.3bn, the most the EU has ever spent on energy infrastructure in a single package.
more »
Georgia and the European Union have initialled a comprehensive air services agreement at a meeting in Tbilisi, Georgia, today which will open up and integrate the respective markets, strengthen cooperation and offer new opportunities for consumers and operators.
more »
In order to vitalize and strengthen cooperation of business stakeholders in the region, the Nordic and Baltic countries continue running joint mobility programme.
more »
The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a €20 million credit line to Société Générale Serbia for on-lending to small and medium enterprises.
more »
The EBRD is supporting the development of the private sector in Armenia and increases further the availability of financing in the real economy sector with a $10 million loan to Ameriabank for on lending to local companies under its Medium Sized Co-financing Facility (MCFF).
more »
The EBRD is supporting the modernisation and improvement of transport infrastructure in Albania with a €50 million sovereign loan to finance the rehabilitation of regional and local roads in the country.
more »
Given the deep impact Latvia has suffered in the wake of the global crisis, and due to the emergency nature of this program, the first operation will focus mainly on the first and second objectives.
more »
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will visit Africa March 7-11, to discuss opportunities and challenges facing African economies in the wake of the global crisis.
more »
Without enough money, the EU 2020 strategy risks turning into "another vague scoreboard for the Member States", the EP Budgets Committee warned on Thursday when adopting its priorities for the 2011 budget.
more »