AGORACOM Blog » Nayarit Gold http://blog.agoracom.com The Good Side of The Small-Cap, Micro-Cap Stock Market Sun, 22 Nov 2009 13:46:16 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Nayarit Intersects 25.91m of 3.33 g/t Gold and 272 g/t Silver http://blog.agoracom.com/2009/04/21/nayarit-intersects-2591m-of-333-gt-gold-and-272-gt-silver/ http://blog.agoracom.com/2009/04/21/nayarit-intersects-2591m-of-333-gt-gold-and-272-gt-silver/#comments Tue, 21 Apr 2009 14:47:44 +0000 AGORACOM-Andreas http://blog.agoracom.com/?p=2240

  • Reports additional drill results from its 30,000 metre Phase II drill program at the Orion District in the State of Nayarit, Mexico.

  • Hole OR-09-193 recorded 25.91 metres of 7.86 g/t gold equivalent or 472 g/t silver equivalent (3.33 g/t gold and 272 g/t silver)

  • Hole OR-09-200 recorded 12.19 metres of 8.51 g/t gold equivalent or 511 g/t silver equivalent (3.39 g/t gold and 307 g/t silver)

Flagship Property

The Orion Project lies in the Sierra Madre Occidental, a prolific mining district in northern Mexico. The project hosts a series of old high-grade silver and gold mines, all of which lie in an east-west vein system. This vein system may be an unrecognized bonanza silver-gold district, similar to other Ag-Au bonanza epithermal vein districts of Western Mexico, such as Tayoltita District. Early results from Phase I drilling on the Animas Vein are pointing to bonanza potential. These types of mineral systems can extend for considerable distances and up to 1000 metres depth.

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