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Vuelcos del Destino

  • Project Vuelcos del Destino
    Commodity Gold
    Location Guerrero Gold Belt
    Nearest City Chilpancingo
    Nearest Major Mining Projects Leagold Mining’s Los Filos & El Bermejal deposit
    Torex Gold’s El Limon/Guajes mine and Media Luna deposit
    Alio Gold’s Ana Paula Deposit
    Alamos Gold’s Esperanza Deposit
    Telson Resources’ G9 Mine
    Development Stage Drill Ready
    Geology Skarn-Porphyry
    Land Package 8,831 has
    Exploration Highlights Largest un-drilled intrusive complex in GGB
    Access & Infrastructure Excellent infrastructure with paved roads, power grid and Mexican mining labour force
    Project Interest Under Option

    Project

    Vuelcos del Destino is the largest single untested gold skarn target intrusive complex measuring 12 sq km, located on the southeastern portion of the Guerrero Gold Belt ("GGB"). Approximately 30 Moz of gold has been discovered along this mineralized trend since the 1990s which continues to increase with further brownfields resource expansion and new greenfields discoveries. One of the first operating mines was the Nukay mine which historically produced 290,000 oz. The district has several operating mines including Leagold Mining’s Los Filos gold deposit, Torex Gold’s El Limon/Guajes/Media Luna gold deposit, Alio Gold’s Ana Paula gold deposit, Alamos Gold’s Esperanza deposi and Telson Resources G9 gold mine.

  • Intrusions are biotite-and quartz-rich porphyries similar to intrusive rocks associated with gold deposits along the GGB. Contact-related calc-silicate (skarn) and magnetite-oxide-jasperoid alteration is locally developed in the carbonates, and intrusive rocks host widespread structurally controlled oxide-clay-calcite alteration, identical in setting and style to that seen at Goldcorp's Los Filos and Bermejal open pit mines.  The transition from the limestone of the Morelos Formation to the limey shales and siltstones of the Mexcala Formation, where intruded by Laramide stocks is known to be favorable for gold mineralization in the Guerrero Gold Belt.  Mineralization may occur along the margins of the intrusive bodies, especially at the levels of the Mezcala-Morelos transition, and/or within the intrusive bodies themselves.

    A helicopter--borne Variable Time-Domain Electromagnetic (VTEM) / Magnetic survey at the Vuelcos del Destino project was completed and analysis and interpretation of the results, identified trace-element (pathfinder) geochemical anomalies associated with the margins of the intrusive rocks similar to those that host deposits in the Guerrero Gold Belt.  Three targets have been outlined that coincide with a 2-km diameter granodiorite porphyry stock that is typical of Guerrero Gold Belt intrusions. Alteration and structural features within the stock are identical in nature to those seen in the Los Filos deposit. Stream-sediment geochemical anomalies coincide with the stock outline and with geophysical targets delineated by the airborne survey.

     

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