I think I first noticed this a couple of weeks ago. It`s a summary of San Juan done by www.mining-technology.com. There is nothing new in the summary, but nonetheless I wanted to highlight this (as I continue to view as being important potential at San Juan):
``Mining at San Juan has been restricted to the veins that outcrop in granodiorite cliffs up to 800m in height. Modern exploration and drilling had not been carried out over the area until November 2006. From the surface, the veins have been mined to a depth slightly below the river bed. Mining at depth or at the full strike extent has never been carried out, leaving a substantial potential for further mineralisation along the strike and dip.``
``Mining has been carried out only up to 1,000m horizontally and to a depth of 1,000m. Several ore blocks remain to be extracted in this zone.``
They are only discussing the the San Juan veins. That potential is over and above gold discoveries that may occur on other promising locations within our Peru land package, such as Veta Clara, Santa Clarita, Chumpune, Lily La Hucua, ``Northern Vien`` and other promising potential gold bearing areas. Then we also have Erika, our highly anticipated Cu-Au porphyry potential land position.
As a side note reminder, the San Juan veins are mesothermal veins. Typically with these types of veins, there is strong vein stength with depth and the grades increase with depth also.
http://www.mining-technology.com/projects/sanjuangoldmine/
1 comment:
Hi Prod05
Tks for link u had provided. Though u said there is nothing new, for late shareholder like me, this is new and it is the first time I can read and see the images of the various details of San Juan. This is essential for my further understanding of San Juan n my tks to u again
According to one blog posting, San Juan is literally a vintage page from the early nineties, sort of "frozen in time" with a lineage dating back to the Inca empire and possibly the Spanish colonisation years. Nevertheless, I have 3 questions:-
1) Is the report funded by CMM? If so, is there any commercial purpose? If report is done n funded by mining-technology, again, what is the purpose?
2) San Juan was acquired by CMM in 2006 and with the ensuring well-advertised financial unheavals from 2007 tro 2009, could not have expected anything serious could have been done at San Juan. Now with the many very high potentials expounded, what technical works can/need to be done to bring San Juan "up to date" in terms of gaining more knowns about what really lay hidden in the 225 sq km land package together with the possibility of having a 500 million tonnes company-making Cu-Au porphyry in Erika
3) Know it is easier said than done but if we rely on funding from earnings accrued from Lamaque, it will surely take much longer to gain traction. If definitive works can be done on selected strategic locations Concurrently within the next 18 months, I can imagine the boost to the sp in the near term will be significant if the potentials we envisaged are proven to be correct.
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