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
The Kakheti Regional Roads Improvement Project for Georgia aims to reduce transport costs and improve access and traffic safety for the Kakheti regional roads.
more »
“Don Quixote – Made in Romania” brought the curtain down on the Cultural Days of the European Central Bank (ECB) 2009, with an expressive combination of tap dance, folklore, pantomime and martial arts.
more »
The Latvian Finance and Capital Market Commission permitted Mr. Vladimir Antonov, who is also the main shareholder of AB Bank SNORAS, to acquire and manage up to 33 per cent of the shareholding of the Latvian bank AS “Latvijas Krajbanka”.
more »
On October 30, the French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius. The company invested EUR 3.5 million into the new factory which is located near the old manufacturing facility to be closed soon.
more »
During the extraordinary general shareholders' meeting of AB Bank SNORAS, which took place on 5th November 2009, it was decided by additional contributions to increase the authorized capital of the bank by more than LTL 88 million.
more »
The French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius.
more »
“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE).
more »
The Bank of Lithuania permitted AB Bank SNORAS to include in the second level capital LTL 72.5 million (EUR 21 million) worth emission of termless debt securities distributed via non-public distribution on 31st August this year.
more »
The remit of the Parliamentary Committee set up to examine the financial crisis was debated at its first meeting on Wednesday (4 November).
more »
Europeans can now use direct debit from their home account to pay bills anywhere in the EU.
more »