Hebron Fjord Resources Major Acquisition in Peru
There are four major high grade gold/copper bearing structures or veins of which the longest has a strike length of 2.6 kilometers. The total combined strike length of the veins is an impressive 9.3 kilometers. Based on shallow underground workings as well as a substantial amount of surface workings, a resource of 1,511,800 metric tons grading 11.2 grams per ton of gold (0.322 ounce per ton) and 2.12 percent copper has been calculated in 1990, for a combined gold equivalent of 675,000 ounces. Sampling conducted by Hebron Fjord has confirmed the gold and copper grades from both surface and underground workings. Since there has never been any drilling conducted on this property, potential to at least double the known reserves by systematic drilling is very high, considering the 9.3 kilometers of vein material has only been investigated by sub-surface sampling and shallow underground workings.
Furthermore, in the center of the property, between vein 1 and vein 3, sampling of several shallow pits has outlined a gold-copper anomaly 200 by 200 meters from which values of up to 11.0 grams per ton of gold and 2.0 percent copper have been obtained. This anomaly is open to the east and west. This disseminated type of mineralization between the veins opens up the exploration potential of the entire area of the know gold/copper veins, measuring 3.0 by 1.3 kilometers, for large tonnage bulk mineable and leachable deposits.
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