Garibaldi Launches State of the Art Fixed Wing Hyperspectral (Alteration) Mapping Survey in Mexico's Sierra Madre
Garibaldi Resources Corp. (the "Company"), as previously announced, controls eight district scale, gold – silver exploration projects that cover more than 3,500 sq. kms. in the central and northern parts of Mexico’s prolific Sierra Madre. The
Sierra Madre is one of the most extensive belts of epithermal type
gold-silver occurrences in North America and all of the existing mining
districts exhibit the widespread hydrothermal alteration that
characterizes these types of deposits, which include El Sauzal,
Palmarejo and Mulatos.
All
of Garibaldi’s projects, Morelos, Temoris, Iris, Tonichi, Onavas,
Rodadero, Badesi and Sianori were acquired because they cover broad
areas of virtually unexplored hydrothermal alteration that are
(strikingly) similar to the alteration zones associated with many of
the known deposits. All of these projects have potential to host
multiple mineralized zones and management believes the company’s
portfolio represents an exceptional, leveraged exploration opportunity.
Using
conventional exploration methods it could easily take years to assess
the companies landholdings however, management is pleased to announce
the company has now launched a state of the art, fixed wing alteration
mapping survey (hyperspectral survey) which will cover all of the
companies projects over the course of the next few weeks,
Multispectral
surveys such as ASTER were initially developed in the late 1990’s for
use on space borne satellite platforms and it is well documented that
even from space these types of surveys can identify the broad zones of
hydrothermal alteration that are associated with epithermal style gold
mineralization. Initial processing of ASTER data for the northern part
of the Sierra Madre by the Company’s consultants has resulted in the
definition of several target areas within the Company’s concessions and
these target areas will be the initial focus of the fixed wing
hyperspectral survey. As an example the attached image
shows the ASTER response observed at one of the Company’s projects
(Badesi) located in Sonora State and compares it to the ASTER response
from the well documented hydrothermal alteration observed at Mulatos,
also located in Sonora State.
The current fixed wing hyperspectral survey (flown by HyVista Corp. of Australia and processed by MacDonald Dettwiler and Associates Ltd. of Richmond, B.C.)
will have the advantage of collecting higher resolution data for a much
wider range (126 band width) of key alteration minerals than can be
identified from ASTER data. The hyperspectral data from
this survey is expected to be able to identify not only the poorly
exposed areas of hydrothermal alteration that can easily be overlooked
by ASTER surveys but is also expected to be detailed enough to allow
selective mineralogical mapping comparable to conventional hand held
instrument mapping (such as PIMA and ASD field spectrometers) which is
increasingly being used by geologists to identify drill targets within
the alteration halos associated with epithermal deposits.
The
fixed wing hyperspectral survey and data interpretation for the
company's properties in Mexico is expected to be completed in stages
over the next several weeks. The Company now has
several, highly experienced field crews and a dedicated diamond
drilling rig deployed in Mexico and management plans to carry out
extensive exploration work over the next several months. Results will be made available on the Company’s website / announced as they are received.
GARIBALDI RESOURCES CORP.
per "Steve Regoci"
Steve Regoci, President
