Geology and Mineralization
The Solidaridad Project - Geology
The Solidaridad deposit is a gold, silver, copper deposit within Guerrero Terrain of southern Michoacan. Cross cutting quartz sulfide veins, currently characterized as mesothermal veins, are hosted within a sedimentary sequence of black shales, siltstones and quartzites consistent with a shallow marine continental margin of Pliocene Miocene age. Andesite sills are present within the sedimentary sequence. The sedimentary units unconformably overlie a porphyritic rhyolite of Miocene Oligocene age. Interpreted diorite intrusions have been mapped on the surface. To the south of the previously drilled "Main Zone" a massive sulfide deposit has been identified. The area, Cuendeo, is the focus of the 2010 drilling campaign. Petrographic studies have identified hypogene sulfides, predominantly pyrite and chalcopyrite.
The Solidaridad Project - Mineralization
Three mineralized zones clustered near the ranch of La Sabila owned by Don Victorio Cardenas were identified by the early drilling: the North Zone, the Main Discovery Zone and Cuendeo, (2 km south of the Main Zone). Twelve holes are considered 'pay holes' with the drilling results and metal values shown in ounces per ton (opt) for gold and silver and percent for copper in Table 1. The Main Zone is 40 to 60 meters wide on the surface and approximately one km in length.