Last: | High: | Low: | Volume: | Bid: | Ask:
Accha-Yanque
The Accha-Yanque property covers over 30,000 hectares and consists of 41 concessions over a 30 kilometre distance in Southern Peru. At the north end of the property is the Accha deposit and at the south is the Yanque deposit. A number of zinc prospects with limited exploration occur between these two deposits.
Accha – 2006/2007 Drill Program
In November 2006 Zincore launched a 20,000-metre HQ diamond drill program at Accha to improvie drill density within the historical mineral resource envelope (to approximately 50- by 50-metre spacing), test for extensions of the Accha orebody along strike to the west and down-dip to the south, and collect metallurgical samples. Three rigs are now on site. Results from the drill program will enable preparation of a current resource estimate under NI 43-101.
As of May 10, 2007, 44 holes totalling 8,370 metres have been drilled at Accha. Drilling to date has intersected significant high-grade mineralization, both within the historic mineral resource envelope as well as outside this envelope, confirming the high-grade, open pit nature of the Accha deposit. The infill portion of the program has successfully achieved its objectives of validating the historical drilling while demonstrating the down dip continuity of the mineralization. Highlights include:
- 34.89 metres at 9.31% zinc from 47.81 metres
- 11 metres at 39% zinc from 113.20 metres
- 33 metres at 12.54% zinc from 209.25 metres
- 34 metres at 9.42% zinc from 86.70 metres
- 12 metres at 9.6% zinc from 109 metres
- 20.6 metres at 19.4% zinc from 75 metres
- 21.9 metres at 17.3% zinc from 15 metres
- 15.4 metres at 11.0% zinc from 25 metres
- 13.6 metres at 12.6% zinc and 5.39% lead from 57 metres
- 10.5 metres at 9.9% zinc from 171 metres
- 64 metres at 9.7% zinc including intervals of 17 metres at 14.5% zinc and
- 13 metres at 16.7% zinc
- 15 metres at 9.8% zinc
- 24 metres at 18.6% zinc including an interval of 12 metres at 36.0% zinc
- 32 metres at 4.8% zinc from 23 metres including an interval of 6 metres at 18.0% zinc
For full results and details of the drill program to date, please visit the Press Releases page of this website and refer to the releases dated January 18, 2007; February 28, 2007; March 27, 2007; and May 10, 2007.
Zincore has engaged Watts, Griffis and McOuat Limited, an independent, Toronto-based international geological and mining consulting firm, to advise on the drilling program and complete the resource estimate. The Company has also initiated base line water sampling studies as well as initial socio-economic studies within the area of influence of the Accha project. Other baseline studies will begin over the coming months and the Company is currently in the process of evaluating several contractors to carry out these surveys. Metallurgical test work is in progress under the direction of Green Team Consultants International (“GTI”).
Yanque – 2006/2007 Drill Program
At the Yanque deposit, Zincore has signed an agreement with local communities that grants Zincore access to the property to conduct exploration work on the deposit. Located 30 kilometers southwest of the Accha deposit, Yanque is the other known deposit within the Accha-Yanque Project. Yanque hosts an inferred mineral resource of 6.6 million tonnes grading 5.3% zinc and 3.5% lead. Crews from the local community have already commenced upgrading the access road to the project site.
Field work consisting of mapping, trenching and water sampling will begin shortly and applications for drill permits are being prepared. A 10,000-metre drill program is planned for 2007 at the Yanque deposit.