Partners Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) have identified a high-grade gold target at their base and precious metals project in Yemen.
The companies collected more than 1,400 heavy-mineral and conventional stream-sediment geochemical samples in a follow-up program over 155 sites anomalous in gold and key pathfinder elements.
Each of the priority sites was prospected by a team of geologists, resulting in the collection of about 300 chip samples and about 2 kg of grab and float samples of favorable, altered and mineralized rock.
Although assays from most of the samples are pending, an area of high-grade gold has been verified by assays from a Vancouver assay lab.
Chief geologist Peter Ogryzlo says the geological team noticed a zone of shearing accompanied by sulphides in granitic rocks while collecting follow-up samples in the AL Hariqah area.
Four grab samples, three of which contained visible gold, were collected from the shear.
Three samples returned gold grades of 7.2, 0.6 and 32 grams from the Yemen lab and 8.6, 0.3 and 60.7 grams from the Canadian lab. The fourth sample (submitted to the Canadian lab) assayed 53.7 grams initially and 52 grams on a duplicate split of the same rock.
As might be expected, crews were returned to the site to collect additional samples and conduct further prospecting. Additional shear zones were uncovered, which also were sampled. Visible gold was noted in several samples collected from bedrock 600 metres south of the first showing, and float containing visible gold was sampled 7 km northeast of the first showing.
The area of interest is underlain by Precambrian granitic rocks and is believed to have a structural setting related to northeast-trending major faults intersected by east-west faulting. Within the shears are zones of silicification accompanied by arsenopyrite and galena. Sulphides are widespread outside the zone of shearing, Ogryzlo noted.
The partners also reported that several anomalous samples were collected in the region of Hajjah-Kuhlan-Al Arabi, an area underlain by deformed Proterozoic metasediments and capped by gently dipping Mesozoic sediments and carbonates. Results are awaited.
The heavy-mineral samples are processed at CF Minerals laboratory in Kelowna, B.C., which is owned by Charles Fipke, the geologist who made the first diamond discoveries in Canada’s North. Fipke is chairman of both Canadian Mountain Minerals and Goldtex Resources.
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