FenixOro Gold receives environmental permit to drill at Abriaqui project in Colombia
According to FenixOro, the principal target of the ongoing and future drill program is a series of over 80 ‘Buritica-style’ high-grade gold veins that are present in northwest and east-west trending corridors up to 400 metres wide and up to 1200 metres in strike length. Each corridor contains numerous semi-parallel, sub-vertical veins and each inclined drill hole will test several veins. The veins crop out over more than 800 vertical metres on the property with high grades (20+ g/t gold) throughout that vertical interval.
The company also said that an additional phase-one drill target is a large magnetic anomaly of about one square kilometre to a depth of 700 metres. “At least one hole will test the idea that it represents the depth continuation of a small area of gold-bearing, porphyry-style magnetic, potassic alteration seen on the surface,” the media brief states.