NEWS ROUNDUP — Keylock exploring in Slovak Republic

Exploration is scheduled to begin soon on Keylock Resources’ (ASE) property in the Slovak Republic. The program will assess the gold-silver potential of a large, Tertiary-aged cauldera complex.

According to a government report, this cauldera system was once the largest producer of gold and silver in Europe, with metal production reported to be 200 tonnes gold and 4,000 tonnes silver.

About 10 vein systems with strike lengths up to 10 km and widths up to 16 metres have been reported on the concession. Limited grab samples from these veins have yielded up to 25.6 grams gold per tonne with 448 grams silver. The vein systems are thought to be epithermal in nature and similar to those found in the Creede mining district of Colorado.

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