Itronics Discovers Strong Evidence Of A Tertiary Polymetallic Low Sulfidation Gold System At Its Auric Fulstone Gold Silver Zinc Copper Project
RENO, Nevada, March 05, 2019 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO) an “Innovative Zero Waste” technology company that produces GOLD’n GRO fertilizers, and silver products, today reported that its subsidiary Whitney & Whitney, Inc. has identified strong evidence for a Tertiary polymetallic low sulfidation gold system at the Auric Gold & Minerals, Inc. Fulstone Gold Silver Zinc Copper exploration project in the Yerington Mining District in northwestern Nevada.
The newly identified mineralization is in a valley which is being named “The Golden Valley Prospect”. The Golden Valley Prospect samples are indicating strong gold mineralization accompanied by anomalous silver, zinc, and copper. There is a zone of anomalous gold, silver, and zinc mineralization about 1,000 feet to the north of Golden Valley that is about 1,000 feet by 600 feet in area and a zone of intensely bleached and altered rock about 500 feet east of Golden Valley that is about 1,000 feet by 2,000 feet in area. Both of these zones are believed to be associated with the newly discovered mineralization in Golden Valley and are potentially all part of the newly identified mineralization as described below.
The Golden Valley Prospect is the third gold occurrence to be identified in the Buckskin Range and is the second surface occurrence. The first is a high grade gold-copper surface vein system at the Buckskin Mine about six miles to the south that was discovered in the early 1900’s. The second is a deep high grade copper-gold system about 3 miles to the south that was discovered by Anaconda Copper in the early 1970’s, but that was not developed.
Field examination of a Landsat color anomaly in Golden Valley on which a significantly anomalous gold-in-soil sample was taken revealed a strongly clay-altered and heavily limonite-stained intrusive andesite porphyry subcrop-probably a leached cap, which is so strongly jointed as to appear shattered- adjacent to weakly-stained calc-siltstone. A part of this color anomaly was tested with two traverses of soil-plus-rock samples. The traverses were comprised of 50 foot spaced samples on a 350 foot long Northeast-Southwesterly line, and on a 400 foot long Northwesterly-Southeasterly line, including rock/soil sampling, in the fall of 2018.
Multi-element analyses of 17 follow-up soil plus rock Golden Valley samples indicate that all “grab” samples of the andesite porphyry leached cap and calc-siltstone are anomalous geochemically in gold, silver, zinc, copper, and gold-pathfinder/indicator elements, and potassic clay alteration. All samples showed ppm-detectable gold- with two adjacent samples on altered porphyry showing 14.05 ppm and 0.15 ppm gold. An additional 14 altered porphyry samples and one siltstone sample assayed from 0.006 ppm to 0.058 ppm gold and averaged 0.022 ppm gold. In addition to the gold assays, average values for several gold pathfinder elements indicate an epithermal, low-sulfidation, polymetallic gold system.
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The following link is to a segment done on Itronics by KOLO8 News: https://www.youtube.com/watch?v=tYG0CIPEy1o