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Posted On: 03/16/2021 12:59:57 PM
Post# of 2062
I did find this regarding Great Panther's intents for Plomo this year, 2021.
"Plans for Plomo, for example, will see detailed geological / alteration / structural mapping to confirm an earlier geological interpretation from 2012, before any surface drill testing. "
Even that is very early stage and if it advances to drilling with good results that enhances an neighboring property especially if along their southeastern border so good luck to Great Panther but also - don't hold your breath.
I assume that area has seen historic mining since the whole of the region has had some interest for centuries and small adit shafts are common - at least on the Santa Elena claims.
Source doc -a Jan 29th 2021 press release
https://www.prnewswire.com/news-releases/grea...17893.html
This Jan 14th 2021 Press release provides more info on Great Panther as a small to mid tier producer - no more info on Plomo but it's always interesting to read the operating results from operating mines. Guidance for 2021 is total gold production up to 130,000 oz from three mines with an all in sustaining cost of $1350 to $1450 per oz.
https://www.prnewswire.com/news-releases/grea...08128.html
If we've got the gold and they've got money -- should be synergistic to process gold from a nearby source, if - it's a big if - if they find economic gold and plan to develop Plomo.
From what I deduce from satellite imagery Argonaut's drill program was very near our common boundary on the western flank of the low mountain that includes the long Julio vein. There was prior interest in that area evidenced by drill pads seen on 2007 imagery so others have been sniffing along our western property line for over a decade - probably based on magnetometer surveys. Only one of Argonaut's drill pads was into or near a visible vein - the rest were on bare rocky soil well south and west of areas Mexus has been working. They were looking for an open pit target not an underground or quartz vein system. Wish they had stuck around longer and poked around some more.
Several fantasy leaps in that daydream.
"Plans for Plomo, for example, will see detailed geological / alteration / structural mapping to confirm an earlier geological interpretation from 2012, before any surface drill testing. "
Even that is very early stage and if it advances to drilling with good results that enhances an neighboring property especially if along their southeastern border so good luck to Great Panther but also - don't hold your breath.
I assume that area has seen historic mining since the whole of the region has had some interest for centuries and small adit shafts are common - at least on the Santa Elena claims.
Source doc -a Jan 29th 2021 press release
https://www.prnewswire.com/news-releases/grea...17893.html
This Jan 14th 2021 Press release provides more info on Great Panther as a small to mid tier producer - no more info on Plomo but it's always interesting to read the operating results from operating mines. Guidance for 2021 is total gold production up to 130,000 oz from three mines with an all in sustaining cost of $1350 to $1450 per oz.
https://www.prnewswire.com/news-releases/grea...08128.html
If we've got the gold and they've got money -- should be synergistic to process gold from a nearby source, if - it's a big if - if they find economic gold and plan to develop Plomo.
From what I deduce from satellite imagery Argonaut's drill program was very near our common boundary on the western flank of the low mountain that includes the long Julio vein. There was prior interest in that area evidenced by drill pads seen on 2007 imagery so others have been sniffing along our western property line for over a decade - probably based on magnetometer surveys. Only one of Argonaut's drill pads was into or near a visible vein - the rest were on bare rocky soil well south and west of areas Mexus has been working. They were looking for an open pit target not an underground or quartz vein system. Wish they had stuck around longer and poked around some more.
Several fantasy leaps in that daydream.
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