When you’re writing a story as big as ours, you have to start thinking about your next chapter long before its ever written.
Mining exploration with an eye to the future is, of course, a critical part of the Alamos story. That’s why projects such as El Carricito are an essential part of our business.
El Carricito is the largest area of known silicic alteration in the Mulatos District. The known extent of the El Carricito silicic alteration zone is 5.5 kilometres along strike, up to 2.7 kilometres wide and up to 300 metres thick in outcrop. In 2009, Alamos geologists completed an extensive work program that included geologic mapping and soil sampling. The surface work identified significant gold geochemical anomalies, which at least partially overlap the silica altered zones. What got us most excited was this: The gold geochemistry anomaly was identified as at least five times the size of the one present at Cerro Pelon. This means that it represents one of the few remaining targets in the Mulatos District that is exposed at surface with the potential of becoming another Mulatos-sized deposit!
In other words, the impact of this project to Alamos could be significant.
Drilling at El Carricito began in September 2010 with 4,882 m in 24 wide spaced RC holes completed by year end. Subsequent to year end, the Company released preliminary drill results on February 3, 2011. All holes drilled to date at Carricito have intersected thick zones of silicification (often vuggy), with extensive oxidation, in hydrothermal breccia and porphyritic dacite. Significant results were obtained with such intercepts as 1.24 g/t Au over 15.25 m, 0.95 g/t Au over 13.72 m, and 2.29 g/t Au over 7.62 m reported, clearly indicating the potential for substantial gold mineralization in this new gold system. Drilling is continuing in 2011 with a minimum of 20,000 m planned.
Stay tuned as we continue to turn the pages in anticipation of where the El Carricito story takes us. To find out more about our other regional exploration projects, please click below.