Lucky Mineral’s Wayka epithermal gold discovery lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 meters to 3,700 meters above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry.
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I’m Ebony North for Investmentpitch Media
Lucky Minerals has received additional sample assays from its ongoing work at its Wayka gold discovery at its Fortuna Property in Ecuador.
The 100% owned Fortuna property covers 550 square kilometers or approximately 55,000 hectares in a highly prospective, yet underexplored, gold belt in southern Ecuador.
The Wayka epithermal gold discovery lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 meters to 3,700 meters above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry.
The current release reflects the results from trenches T-2, T-3, T-4, T-7, T-8, and T-9, located in the southern area of the Wayka prospect where trench T-1 results were previously announced on July 12th.
Trench T-2, which confirmed the lateral extent of the breccia sampled along 27 meters, averaged 1.91 g/t gold.
Trench 2 was dug along the strike direction (275 degrees) of a breccia lens in order to confirm the orientation and continuity along the breccia.
While sampling was systematic, more representative sampling of the system was sought out with trenches 3 and 4 as those are interpreted to crosscut the breccia structure.
Trench T-3 intersected the east west breccia exposed in T-2 on a north south direction and confirmed a continuously mineralized interval of 0.32 g/t gold over 17 meters, including 0.56 g/t gold over 9 meters.
Trench T-4, parallel to trench T-3 and approximately 7 meters east of it, averaged 0.79 g/t gold over 7 meters.
Trench T-9 is located approximately 40 metres to the southwest of Trench T-2, averaged 0.59 g/t gold over 4 meters.
This is the furthest point south that has been prospected and extends the system to the south and remains open.
Work in the field is advancing on several fronts with work advancing on trench 14.
At present, Wayka has been observed to remain open in all directions.
Francois Perron, President and CEO, has joined us today with additional comments. Welcome Francois.
(PAUSE)
Thank you Francois.
The shares are trading at $0.085.
For more information, please visit the company’s website, www.LuckyMinerals.com, contact Francois Perron, President and CEO, at 866-924-6484 or by email at investors@LuckyMinerals.com.
Investor Relations is handled by Daniel Gordon at Remark Financial, who can be reached at 416-644-2020 or by email at dgordon@renmarkfinancial.com.
I’m Ebony North for Investmentpitch Media
