Taviche
Project
Taviche
Commodity
Silver, Gold
Nearest City
50 km southeast of Oaxaca City
Nearest Major Mining Projects
Fortuna Silver Mines' Silver/Gold San Jose Mine
Development Stage
Greenfields exploration
Geology
Epithermal-style Gold/Silver
Land Package
986 has
Exploration Highlights
34.2m @ 211.7 g/t Ag (Hole HBET03)
20.35m @ 0.625 g/t Au (Hole HBET02)
36.6m @ 292.3 g/t Ag (Hole HBET16)
25.3m @ 0.796 g/t Au (Hole HBET27)
Access & Infrastructure
Excellent infrastructure with paved roads, power grid and mining labour force
Project Interest
100% interest
Project
Spanish records from the 16th century mention silver production by Zapotec miners in the Taviche district. The first registered mining activity took place on veins in San Pedro Taviche in the 1830s. From 1890 to 1913, several foreign and Mexican companies operated in the district before the Mexican Revolution brought production to a halt. A small amount of silver was produced by reprocessing of mine dumps during the 1970s and MIOXSA had small amount of production from mines in the western part of the Taviche district during the 1980s and 1990s.
Panamerican Silver began studies of the district in 1999 and acquired concessions in the district in 2001 and 2002. Intrepid Mines and Aura Silver Resources entered into a joint-venture agreement with Panamerican on the Taviche project in 2006. Aura Resources took over the joint venture in 2010. Fortuna Silver has operated the neighbouring San José mine in the taviche district since 2006.
In the Higo Blanco concession area, a 7 km-long, NW-trending set of veins and vein breccias is emplaced into silicified Cretaceous sediments and Cretaceous-Tertiary volcanic rocks. The silicified limestone breccias contain anomalous gold, silver, arsenic, and antimony.
Exposures at Higo Blanco appear to be at high levels of a low sulfidation epithermal vein system.
Modern exploration on the Higo Blanco concession has consisted of geological mapping, geochemical surveys (soil, and surface and trench rock samples), ground-based geophysics (magnetics and induced polarization) and a 35-hole, 7,987-m diamond drilling program. Exploration has concentrated on the Higo Blanco jasperoid prospect, a 7 kilometre-long trend of silicified limestones that are variably mineralized at surface with silver minerals with Au potential at depth.
Exploration drilling by Aura included two discovery holes at the Higo Blanco prospect which intersected 12.1 m of 533.4 g/t Ag equivalent in hole HBET03-09 and 36.6 m of 303.9 g/t Ag equivalent in HBET16-09. Two step-out holes, HBET28-09 & HBET29-09, were drilled to the northwest of the discovery holes and found wide intervals of Au and Ag mineralization. HBET29-09 cut 122.65 m of 0.16 g/t Au and 23.1 g/t Ag (or 30.9 g/t Ag equivalent), including 57.45 m of 41.1 g/t Ag. HBET28-09, drilled due west from HBET02-09 and 125 m northwest of HBET03-09, contains shorter intervals but with Ag grades of up to 230.0 g/t with the best interval containing 5.8 m of 89.8 g/t Ag. Please see Aura Resources Inc news releases dated January 20, 2011; May 24, 2011.
Highlighted drilling results by Aura Resources Inc. include:
- HBET 03 - 34.2 meters of 211.7 g/t Silver and 14.10 meters of 0.56 g/t Gold
- HBET 02 - 13.55 meters of 137.5 g/t Silver and 20.35 meters of 0.62 g/t Gold
- HBET 16 - 36.6 metres of 292.3 g/t Silver
- HBET 01 - 29.55 meters of 0.50 g/t Gold
- HBET 11 - 17.95 meters of 62.9 g/t Silver and 8.95 meters of 0.50 g/t Gold
- HBET 15 - 10.55 meters of 0.51 g/t Gold
- HBET 22 - 26.25 meters of 67.3 g/t Silver and 15.50 meters of 0.69 g/t Gold
- HBET 24 - 8.35 meters of 2.05 g/t Gold
- HBET 26 - 20.9 meters of 0.54 g/t Gold
- HBET 27 - 25.3 meters of 0.79 g/t Gold
Please see Aura Resources Inc news releases dated January 20, 2011; May 24, 2011 and Taviche NI43-101 Report September 5, 2013.
Drill Highlights Hole Data
Hole #
Northing
Easting
Azimuth/Inclincation
Total Depth (m
Location
HBET01-09
1,841,108
764,440
225/-60
60.8
HW Mezcal
HBET02-09
1,841,169
764,498
225/-60
175.4
HW Mezcal Vein
HBET03-09
1,841,105
764,559
225/-60
166.7
HW Mezcal
HBET11-09
1,840,993
764,447
45/-44
221.55
FW Mezcal Vein
HBET15-09
1,841,526
764,156
225/-60
256.1
SW C. La Mina
HBET16-09
1,841,106
764,564
180/-65
234.3
HW Mezcal Vein
HBET22-09
1,841,107
764,565
260/-60
212.9
HW Mezcal Vein
HBET24-09
1,841,418
764,017
45/-50
217.75
NW Mezcal Zone
HBET26-09
1,841,082
764,611
225/-45
200.3
HW Mezcal Vein
HBET27-09
1,841,117
764,644
225/-56
338.3
HW Mezcal Vein
-
| Project | Taviche |
| Commodity | Silver, Gold |
| Nearest City | 50 km southeast of Oaxaca City |
| Nearest Major Mining Projects | Fortuna Silver Mines' Silver/Gold San Jose Mine |
| Development Stage | Greenfields exploration |
| Geology | Epithermal-style Gold/Silver |
| Land Package | 986 has |
| Exploration Highlights |
34.2m @ 211.7 g/t Ag (Hole HBET03) |
| Access & Infrastructure | Excellent infrastructure with paved roads, power grid and mining labour force |
| Project Interest | 100% interest |
Project
Spanish records from the 16th century mention silver production by Zapotec miners in the Taviche district. The first registered mining activity took place on veins in San Pedro Taviche in the 1830s. From 1890 to 1913, several foreign and Mexican companies operated in the district before the Mexican Revolution brought production to a halt. A small amount of silver was produced by reprocessing of mine dumps during the 1970s and MIOXSA had small amount of production from mines in the western part of the Taviche district during the 1980s and 1990s.
Panamerican Silver began studies of the district in 1999 and acquired concessions in the district in 2001 and 2002. Intrepid Mines and Aura Silver Resources entered into a joint-venture agreement with Panamerican on the Taviche project in 2006. Aura Resources took over the joint venture in 2010. Fortuna Silver has operated the neighbouring San José mine in the taviche district since 2006.
In the Higo Blanco concession area, a 7 km-long, NW-trending set of veins and vein breccias is emplaced into silicified Cretaceous sediments and Cretaceous-Tertiary volcanic rocks. The silicified limestone breccias contain anomalous gold, silver, arsenic, and antimony.
Exposures at Higo Blanco appear to be at high levels of a low sulfidation epithermal vein system.
Modern exploration on the Higo Blanco concession has consisted of geological mapping, geochemical surveys (soil, and surface and trench rock samples), ground-based geophysics (magnetics and induced polarization) and a 35-hole, 7,987-m diamond drilling program. Exploration has concentrated on the Higo Blanco jasperoid prospect, a 7 kilometre-long trend of silicified limestones that are variably mineralized at surface with silver minerals with Au potential at depth.
Exploration drilling by Aura included two discovery holes at the Higo Blanco prospect which intersected 12.1 m of 533.4 g/t Ag equivalent in hole HBET03-09 and 36.6 m of 303.9 g/t Ag equivalent in HBET16-09. Two step-out holes, HBET28-09 & HBET29-09, were drilled to the northwest of the discovery holes and found wide intervals of Au and Ag mineralization. HBET29-09 cut 122.65 m of 0.16 g/t Au and 23.1 g/t Ag (or 30.9 g/t Ag equivalent), including 57.45 m of 41.1 g/t Ag. HBET28-09, drilled due west from HBET02-09 and 125 m northwest of HBET03-09, contains shorter intervals but with Ag grades of up to 230.0 g/t with the best interval containing 5.8 m of 89.8 g/t Ag. Please see Aura Resources Inc news releases dated January 20, 2011; May 24, 2011.
Highlighted drilling results by Aura Resources Inc. include:
- HBET 03 - 34.2 meters of 211.7 g/t Silver and 14.10 meters of 0.56 g/t Gold
- HBET 02 - 13.55 meters of 137.5 g/t Silver and 20.35 meters of 0.62 g/t Gold
- HBET 16 - 36.6 metres of 292.3 g/t Silver
- HBET 01 - 29.55 meters of 0.50 g/t Gold
- HBET 11 - 17.95 meters of 62.9 g/t Silver and 8.95 meters of 0.50 g/t Gold
- HBET 15 - 10.55 meters of 0.51 g/t Gold
- HBET 22 - 26.25 meters of 67.3 g/t Silver and 15.50 meters of 0.69 g/t Gold
- HBET 24 - 8.35 meters of 2.05 g/t Gold
- HBET 26 - 20.9 meters of 0.54 g/t Gold
- HBET 27 - 25.3 meters of 0.79 g/t Gold
Please see Aura Resources Inc news releases dated January 20, 2011; May 24, 2011 and Taviche NI43-101 Report September 5, 2013.
Drill Highlights Hole Data
| Hole # | Northing | Easting | Azimuth/Inclincation | Total Depth (m | Location |
|---|---|---|---|---|---|
| HBET01-09 | 1,841,108 | 764,440 | 225/-60 | 60.8 | HW Mezcal |
| HBET02-09 | 1,841,169 | 764,498 | 225/-60 | 175.4 | HW Mezcal Vein |
| HBET03-09 | 1,841,105 | 764,559 | 225/-60 | 166.7 | HW Mezcal |
| HBET11-09 | 1,840,993 | 764,447 | 45/-44 | 221.55 | FW Mezcal Vein |
| HBET15-09 | 1,841,526 | 764,156 | 225/-60 | 256.1 | SW C. La Mina |
| HBET16-09 | 1,841,106 | 764,564 | 180/-65 | 234.3 | HW Mezcal Vein |
| HBET22-09 | 1,841,107 | 764,565 | 260/-60 | 212.9 | HW Mezcal Vein |
| HBET24-09 | 1,841,418 | 764,017 | 45/-50 | 217.75 | NW Mezcal Zone |
| HBET26-09 | 1,841,082 | 764,611 | 225/-45 | 200.3 | HW Mezcal Vein |
| HBET27-09 | 1,841,117 | 764,644 | 225/-56 | 338.3 | HW Mezcal Vein |
