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
On 11 February, heads of state or government of European Union member states will meet in Brussels to seek a commitment towards implementing a revitalised economic strategy to boost employment and growth in the EU.
more »
International Monetary Fund forecasts that Lithuania’s economy will grow 1.6 % this year, making it “the only one of the three Baltic economies expected to be in the positive territory in 2010”.
more »
Raynair announced it would open its 40th and 1st Central European base at Kaunas, Lithuania’s second largest city, in May with 2 based aircraft and 18 routes.
more »
A new Partnership Strategy for Morocco has been approved by the Board of Executive Directors of the World Bank.
more »
The electric car is an opportunity for European industry.
more »
The EBRD’s Board of Directors has adopted a new strategy for Kazakhstan, which reinforces the Bank’s commitment to further support the Kazakh economy and sets out the priorities for its activities in the country over the next three years.
more »
The European Commission has authorised, under EU state aid rules, plans notified by Sweden to provide a guarantee that would enable Saab Automobile AB to access a loan from the European Investment Bank (EIB).
more »
At the informal meeting of the Ministers of Competitiveness (Science and Industry), to be held between 7 and 9 February in San Sebastian, the issues on the table will include placing science at the top of the EU agenda and showcasing its role in economic recovery, as well taking the debate on the electric vehicle to EU level.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 27-month Stand-By Arrangement with Jamaica in the amount of SDR 820.5 million (about US$1.27 billion) to support the country’s economic reforms and help it cope with the consequences of the global downturn.
more »
Mr. Nadeem Ilahi, chief of an International Monetary Fund (IMF) staff mission to the Kyrgyz Republic, issued the following statement today in Bishkek.
more »