Projects

Tango, Sinaloa

Picachos, Durango

VMS, Jalisco

 

Photos of Epithermal Gold Mines and Prospects

Photomicrograph of gold-bearing quartz from Veta Don Maximo.

Maximo

View of La Flauta gold mines, looking southeast, El Placer.  The fractures that define these columnar joints in the dacitic ignimbrite are host to a wide array of unusual minerals, including apatite and stilpnomelane. Sample 25850, cut across the West Flauta (right), contains 11.3 g/t Au, 39 g/t Ag, 2% Zn, 0.5% Cu and 0.6% Pb across 1 meter.

La Flauta Gold Mines

La Flauta (East).  Quartz-apatite-specularite veinlet contains 154 ppm Mo, 7673 ppm As, 8.5% Pb, 18.7% Zn, 0.2% Cu and 0.5% V across 0.2 m (sample 23749; XRAY). Apatite is an important host mineral for rare-earth elements (REE).

La Flauta Apatite

Microphotograph of sample 32309 from quartz veins south of La Botica.  An XRF analysis of the brown phyllosilicate rosettes contains 9.4% Fe and 1.1% K, or a K/Fe ratio of about 0.1, typical of stilpnomelane. By way of contrast, the K/Fe ratio for biotite is 1.5, and chlorite has no potassium. Stilpnomelane forms at temperatures greater than 400 degrees C.

La Botica

Photo of camp construction outside the San Agustin Mine Portal.

San Agustin Adit

Microphotograph of gold-bearing muck from the San Agustin open stope, 630 m level.  Sample MX-285 contains 36.8 g/t Au, > 100 g/t Ag, 5017 ppm Pb, 6088 ppm Zn, 18 ppm Mo and 44 ppm W across 0.8 m.

Gold from San Agustin

Geological plan map of the San Agustin Vein. RED = quartz veins, GREEN = open cut mines, BROWN DASHED = small adits, BLACK = main adit.

San Agustin Map

Geological cross-section of the San Agustin Vein, looking NNE.

San Agustin Cross Section

Photo of Mina San Antonio.  Sample 19856 cut from the pillar left below the samplers yielded results of 44.09 g/t Au, 47 g/t Ag, 0.4% Cu, 0.2% Pb, 0.7% Zn and 6.7% Fe. 

Mina San Antonio

Photos of Alluvial Gold

Gold panning and dredging in Arroyo El Placer.

Panning

Pebble of gold from the Arroyo El Placer.

Gold Pebble

Stream boulder of chalcocite, specularite, and lead and zinc oxides.

Placer Float

Bedrock Geology

Feldspar megacrystic basaltic trachyandesite with xenoliths of aphyric basalt.

Units 12A and 11B

Dacitic lapilli tuff with fragments of feldspar megacrystic basaltic trachyandesite.

Dacitic Tuff

Hornblende and feldspar porphyritic monzodiorite (Unit 32PX) cross-cut by a quartz-chalcopyrite veinlet with biotite selvedges.

MZDI

Photomicrograph of hornblende phenocryst in hornblende  and feldspar porphyritic monzodiorite.

Monzodiorite

Flow-banded aphyric rhyolite dike.

Flow Banded Rhyolite

Tango Project Maps and Photos

Image of Gold Nuggets from Arroyo El Placer, the main stream draining the center of the Tango Property.

Exploring Cimarron

Regional geological map of the Rosario mining district (Servicio Geologico Mexicano; SGM).

Regional Geology Map

Map of K/(K+Ca) in rock samples from the Tango Porphyry prospects.  Major element determinations made using a Niton GOLDD XRF to analyse prepared rock powders. Addition of potassium and loss of calcium occurs when: (i) igneous hornblende is altered to biotite, (ii) plagioclase is altered to potassium feldspar, and (iii) plagioclase is altered to white mica. RED = strong potassium metasomatism.

Map of Porphyry

Map of molybdenum geochemistry in rock samples from the Tango Porphyry prospects.  The average metal concentration of 74 rock samples is 5477 ppm Mo and 184 ppm Cu.  The rocks are characterized by green biotite, cockscomb quartz and abundant hydrothermal magnetite with coarsely crystalline molybdenite.

Porphyry molybdenum

Map of copper geochemistry in rock samples from the Tango Porphyry prospects.  Pórfido La Guacamaya has the best copper geochemistry.  It is defined by 87 rock samples in a 93 Ha, northerly trending area with average metal concentrations of 3851 ppm Cu, 34 ppm Mo, and 44 ppm Ag (Table 8.1).  Other compelling copper anomalies occur at Pórfido La Aguila, Pórfido El Halcon, Pórfido Sepultado and Pórfido el Buho.

Porphyry Copper

Map of magnetic susceptibility in rock samples from the Tango Porphyry.  The strongest values occur in the central part of Porfido El Cuervo, which contains abundant magnetite in the quartz-molybdenite veins.  Magnetite is part of the potassic mineral assemblage on this Property.

Mag sus in porphyry

 

Photos of Mineralization from the Porphyry Prospects

Pórfido El Búho. Sample 20078 (road to Picachos) contains 1379 ppm Cu, 297 ppm Bi, 15 ppm Ag, 9.4 ppm Mo and 732 ppb Au across 1.8 m.  Mineralization is hosted in a tourmaline matrix breccia with disseminated chalcopyrite.  The monzodiorite host is pervasively altered to potassium feldspar.

Tourmaline Breccia

Pórfido Sepultado. Photomicrograph of sample 32442 showing biotite alteration of hornblende, and muscovite alteration of biotite and feldspar. THis sample contains 2169 ppm Cu across 0.6 m

Sepultado

Pórfido El Cuervo.  Sample  23911 contains 1159 ppm Mo, 69 ppm Ag, 311 ppm Pb and 169 ppm Cu (XRAY) across 15 meters.  The rock is pervasively altered to muscovite, and cross-cut by gemmy cockscomb quartz veinlets with molybdenite.

El Cuervo Mo

Vein of semi-massive specularite and quartz in Pórfido La Guacamaya. Sample 32385 contains 59 ppm Ag, 386 ppm Mo, 8236 ppm Pb, 1.9% Zn, 7600 ppm Cu, 12.4% Fe across 0.6 m.

Guacamaya

Northern margin of Pórfido La Guacamaya.  Pervasive phyllic alteration of monzodiorite porphyry.

Phyllic

Pórfido La Guacamaya. Mineralization occurs as (i) pervasive replacement of igneous hornblende by biotite, magnetite and chalcopyrite and (ii) quartz-tourmaline-sulfide veinlets with biotite selvedges oriented 218º/77º NW.  Supergene oxides of copper in this sample include azurite and brochantite.  Sample 25746 contains 1.4% Cu and 59 ppm Ag across 2.3 m (XRAY). 

Guacamaya

Lunch.

Lunch

Tango Epithermal Gold and Porphyry Copper System, El Rosario Mining District, Sinaloa, Mexico

Summary

The 5541.6 Ha Tango Property, owned 100% by Minera Camargo, S.A. de C.V., is centered in Southern Sinaloa State, Mexico, in the municipality of Rosario near geographic co-ordinates 105º45’W and 23º12’ N (1:50 000 map sheet F13A47 and F13A48).  The Property was acquired by staking in early 2003, at the bottom of a prolonged cycle of depressed metal prices. The Tango Property is located in western foothills of the Sierra Madre Occidental, one of the world’s largest silicic igneous provinces (Aranda-Gomez et al., 2003).  It is located over the former “Viva Zapata” Mineral Reserve, a project that was staked and explored by the Servicio Geologico Mexicano in the 1980’s (Bon-Aguilar, 1987 and Rodriguez-Rodriguez et al., 1984).  Later regional geochemical work by the SGM at the turn of the millennium highlighted the District as one of the largest contiguous anomalies for gold and base metals in southern Sinaloa and Northern Nayarit.

Geology

At least two major volcano-plutonic complexes defined by occur on the Tango Property (Ferrari et al., 2005), and there is at least one mineralizing event associated with each Complex.  The lowermost Complex of Paleocene to Eocene mafic volcanics and rhyodacitic ignimbrite are intruded by monzodiorite porphyry of the Piaxtla Batholith of probable Early Eocene age.  The intrusive rocks host a significant northeast-southwest trending, mainly northwesterly dipping, porphyry copper-molybdenum system centered on Sitios de Picacho that is at least 5 km long and 1.5 km wide.  Similarly oriented epithermal quartz veins such as La Cocolmeca, San Agustin and El Pino occur in the volcanic rocks above and peripheral to the porphyry system, and might be of the same age as the porphyry.     


Rhyolitic ignimbrites of probable Oligocene age (Complex 3) unconformably occur above Complex 3, and are mainly mineralized by northwest trending epithermal veins that can dip either southwesterly or northeasterly.  El Placer and La Chorrera are the most important northwest-trending vein systems identified on the Tango Property.

Porphyry Prospects

The monzodiorite intrusion contains multiple zones of porphyry-copper style mineralization characterized by: (i) pervasive potassic alteration of original hornblende and plagioclase by biotite, magnetite, chalcopyrite and K-feldspar, (ii) quartz-tourmaline veining, and (iii) large zones of phyllic alteration.  Pórfido La Guacamaya is the largest porphyry copper occurrence with average values of 3851 ppm Cu, 34 ppm Mo and 44 ppm Ag from 87 rock samples.  The porphyry molybdenum deposit “El Cuervo” is characterized by cockscomb veins of quartz and molybdenite with abundant magnetite.  The average result of 74 rock chip-channel samples from Pórfido el Cuervo is 5477 ppm Mo and 184 ppm Cu.  The gold potential of the porphyry-style mineralization has not yet been evaluated.

Table 1. Summary of average analytical results from the porphyry system on the Tango Property. Geochemical determinations are done using a NITON GOLDD portable XRF for trace and major elements.  Fire assays for Au-Ag are pending. N=Number of Samples. Mag Sus = Average magnetic susceptibility.

ZONE
Area (Ha)
N
Alteration Style Mag Sus Ag (ppm) Mo (ppm) Zn (ppm) Cu (ppm)
Pórfido El Cuervo*
44
74
Potassic-Phyllic 10.2 15 5477 339 184
Pórfido La Aguila
89
85
Phyllic-Potassic 0.9 23 223 313 1745
Pórfido La Guacamaya
93
87
Potassic 4.6 44 34 378 3851
Pórfido Sepultado
73
33
Potassic-Propylitic 4.6 61 25 858 2455
Pórfido El Halcón
44
30
Phyllic 0.9 9 24 389 1320
Pórfido El Búho
80
23
Potassic 4 30 78 245 1946
Zona Preciosa del Zorro**
18
10
Argillic 0.1 126 69 804 1034

*Geological inspection of these zones pending.  **AVG Bi=200 ppm, W=123 ppm.

Epithermal Gold Veins

San Agustin, La Cocolmeca and El Pino occur in the volcanic rocks above and peripheral to the porphyry system, are oriented similarly to the porphyries (about 210/80 NW) and might be of the same age. These early veins are cross-cut and offset by northwesterly trending veins that extend deep into the Complex 2 volcano-plutonic rocks.  The largest northwesterly rending vein systems are El Placer and La Chorrera. Northerly trending epithermal quartz vein systems occur at La Botica, Las Chiveras, El Cobre, and west of Sitios de Picacho in the porphyry system.  The northerly trending veins cross-cut and offset the northwesterly trending veins.  Because there are at least three mineralization events, the oldest ENE trending veins may have complex histories of activation and re-activation, and record multiple pulses of mineralization. Geochemical analyses for several veins are below.

Table 2. Results for selected epithermal gold veins on the Tango Property. 

SAMPLE Showing
Width
Strike
Dip
Ag (g/t)
Au (g/t)
19815 Guayabo
0.1
135
45
          
25
    
111.5
23758 Los Colgados
0.3
140
65
          
24
      
64.1
15990 Carmen
0.4
335
90
        
100
      
53.8
19856 San Antonio
0.8
245
85
          
47
      
44.1
MX285 Mina San Agustin
0.8
210
85
 
>100 
      
36.8
19691 Palodismo
1.3
327
78
            
4
      
27.6
15994 La Gloria
0.3
162
75
          
16
      
26.7
19664 La Botica
1.1
182
90
            
5
      
26.5
23762 Urrea 
1.2
125
54
            
6
      
23.2
15926 El Pino
3.5
285
85
          
99
      
21.9
15988 La Urrea
0.7
135
60
            
6
      
11.8
23877 Las Chiveras
1
320
90
            
7
        
8.9
15924 Carboneras
1
160
90
            
9
        
8.7
19891 Mina de Riolita
1.7
150
75
            
3
        
8.6
18511 La Flauta
2
315
75
        
178
        
8.2
23791 Las Chiveras
0.15
360
90
          
33
        
7.7
15921 Los Tajos
1
105
85
          
38
        
7.5
15523 Ojo del Agua de Garavato
0.5
180
55
        
356
        
6.6
15626 Urrea #5 Tunnel
0.6
151
83
            
6
        
6.6
23788 Las Chiveras
0.8
360
90
          
10
        
6.4
19890 La Cocolmeca
1
315
77
            
4
        
6.2
15789 Tres Hermanos
1
140
90
          
17
        
5.6
19141 Zona Preciosa del Zorro
1
220
80
        
142
        
5.3
15791 Mina El Copalquin
0.5
135
80
          
12
        
5.1

San Agustin

San Agustin is a gold-rich quartz-calcite vein located about 2 km southeast of Sitio de Picacho between 640 m and 720 m elevation.  On surface, the vein is marked by several small prospects and open cut mines over a strike-length of 340 m.  In the 1990’s, Minas de Picacho S.A. de C.V. drove a 177 meter long tunnel 3 m high by 3 m wide under the historic workings at the 640 meter elevation.  The tunnel intercepted the historic stopes right under the surface cuts.  In 2010, Minera Camargo pumped the water out of the old stopes. The average result of 3 chip-channel samples across the San Agustin Vein at the 640 m elevation is 15.4 g/t Au and 70 g/t Ag across 0.8 m (samples 25816-25818). Ten meters below the level of the adit, a fourth chip channel sample yielded results of 36.8 g/t Au and > 100 g/t Ag across 0.8 m (sample MX285).

La Cocolmeca

The Colcomeca Vein trends east-northeast and dips about 80 degrees to the northwest.  It has been followed almost continuously for 1650 meters from Guayabo through to San Antonio, Gavilan and Gavilan North.  The Cocolmeca Vein consists of gemmy clear quartz with chalcocite, chalcopyrite, and chrysocolla (Figs. 8.23 to 8.26).  The average result of 55 chip-channel samples cut across surface exposures and shallow underground workings is 4.2 g/t Au, 37 g/t Ag, 0.7% Cu, 0.3% Pb and 0.5% Zn across about 1.3 meters.  This includes a result of 44.09 g/t Au, 47 g/t Ag, 0.4% Cu, 0.2% Pb, 0.7% Zn and 6.7% Fe across the San Antonio ore shoot (sample 19856), and 347 g/t Ag, 5.2% Cu and 18.6% Fe across 0.7 m at the Guayabo ore shoot (sample 15953).  Near Guayabo, the Cocolmeca structure is cut by northwest-trending cockscomb quartz veinlets that carry visible gold.  A sample across one of these yielded 111.5 g/t Au and 25 g/t Ag across 0.1 m (sample 19815).  Both the San Antonio and Guayabo ore shoots are localized near the intersection of the Cocolmeca structure with the northwest trending Palodismo and Copalquin structures, respectively.

La Chorrera

In general terms, “La Chorerra” refers a swarm of NNW trending veins in the 1 kilometer wide area between Mina de Salva and Prospecto del Bote that are exposed on the steep northwesterly facing slope of a major cliff that bisects the Tango Property.  The veins are hosted in dacitic volcaniclastic rocks and in the overlying rhyolite ignimbrites, as well as in younger rhyolite dikes. Mineralization characteristics are similar to those described for El Placer, with higher gold grades occurring in quartz-specularite veins with oxidized ore minerals, chlorite or stilpnomelane envelopes, and pervasive kaolinite alteration in the wall-rocks. Distal to the veins, the wall rocks are pervasively altered to smectite. The largest known historic working in this area is Mina La Gloria, a cross-cut about 103 meters long that provides access to a northerly trending stope more than 100 meters long aligned along a shear.  A chip-channel sample across the stope north of the cross-cut yields results of 21.1 g/t Au, 0.5% Zn, 0.8% Pb and 0.4% Cu. 

El Placer

El Placer” is a large northwesterly trending quartz vein system 100 to 300 meters wide that has been mapped for 4.5 kilometers along strike.  The veins are hosted both: (i) in dacitic volcaniclastic rocks with intercalated basaltic flows, and (ii) in the overlying quartz porphyritic rhyolite ignimbrites. The fault system at El Placer is intruded by finely crystalline diorite dikes as well as felsic dikes.  Gold occurs in cockscomb quartz veins and veinlets that contain specularite, but rarely pyrite.  Sample 23749 from La Flauta contains apatite gangue. Sulfides such as sphalerite, chalcopyrite and galena have been observed in a few samples from the Flauta.  Oxidized minerals such as cerussite, chrysocolla, chalcocite, brochantite and mimetite are more common in near surface prospects.  Quartz vein selvedges are commonly rimmed by Zn-chlorite or stilpnomelane. Proximal to higher grade gold veins, argillic alteration minerals such as kaolinite are usually present in the wall rocks beyond the vein selvedges.  Distal to the veins, montmorillonite smectite and/or sauconite smectite pervasively altered the tuffaceous host rocks, and preferentially replaces volcanic glass.