HUACHI PROJECT
Kestrel's Huachi project is located in the Andean Precordillera mountains of the San Juan Province of Argentina. Kestrel has the option and right to acquire all of the interests in 32 individual claims comprising 540 hectares of mining claims.
Kestrel currently has a Letter of Intent to acquire options to own 100% interest in the Huachi mining property. For details, please refer to the news release dated September 15, 2010.
Location, Climate and Access
- Location: Jachal Department, San Juan Province, Argentina
- Area: 540 ha
- Centre of the property area: 29º55'10 S ; 68º51'08 W
- Average Elevation= 3,500m (11,500 feet) o.s.l.
- Climate: Desert moderate, with summer rainfalls (100mm/year) and scarce snowfalls in winter
- Access and work is possible year round
- Access is via a 41km of 4WD track to small town of Angualasto
- There are 257km of paved highways and roads from Angualasto to San Juan, the capital city of the province
Geology
The regional geology around and beyond the boundaries of the Huachi property, consists of Paleozoic marine sedimentary units overlain by younger Paleozoic continental sedimentary red bed units, all of which have been folded and faulted during the Mesozoic to Cenozoic eras, in particular during Precordilleran mountain building events.
On a property scale, a Tertiary (and possibly older) intrusive/extrusive volcanic complex has intruded the Paleozoic sedimentary units. The intrusive/extrusive complex resembles a dome structure of semi-circular shape at Huachi, with extrusive volcanic rocks outcropping mainly to the west and partially capping precious and base metal mineralization mainly hosted in gabbroic rocks. The volcanic sequence is believed to have a thrust fault contact, at least in part with the underlying gabbros.
The 'Huachi Intrusions' include stocks and numerous dykes of intermediate to felsic composition, the largest being the East Peak stock which is a granodiorite porphyry. Highly altered hydrothermal breccia bodies and quartz feldspar porphyry (QFP) dykes occur close to the margins of the East Peak stock and their provenance appears from field evidence, to be structurally related.
The presence at surface, of exposed, highly gossanous, strongly (argillically) altered hydrothermal breccias and QFPs, as well as quartz veining and siliceous stockwork textures, has led recent surface rock geochemical sampling and surface mapping to outline a number of epithermal style precious metal zones. At Sentazon, the area of historical gold-silver mine workings, breccias have been affected by substantial shearing and structural re-brecciation related to the development of a deep and near vertical major shear zone.
Erosion by the major drainages has exposed the deeper copper-gold porphyry style gossanous alteration and mineralization particularly in the south around the Canyon and Oro Rico stocks, indicating that a complex telescoped hybrid porphyry/epithermal zonal style of mineralization is present at Huachi.
Many specific alteration minerals and assemblages have been recognized at Hauchi including; silica, epidote, alunite, biotite, chlorite, dickite, kaolinite, limonite, k-silicate, quartz-sericite-pyrite, jarosite-clay-gypsum and propylitic alteration.
Kestrel's Early 2011 Rock Sampling Program
In the Spring of 2011, Kestrel Gold completed a surface rock sampling program. Highlights include:
- Four rock chip samples with assay values greater than 5 g/t Au at the Sentazon Zone
- 57 rock chip samples collected at the Sentazon Zone with averages of 1.06 g/t Au and 16.3g/t Ag over 1.29m
- A 0.67m continuous chip of vein returned a value of 12.93 g/t Au at the north Ridge Road Cut Zone
A map showing the gold zones outlined by Kestrel Gold's surface rock sampling is shown below:
Maps detailing the rock sampling geochemical results are shown below:
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| Results: Gold | Results: Silver | Results: Copper | Results: Molybdenum |
For latest Surface Continuous Rock Chip Sample Map (late 2011), click here.
2012 Surface Trenching Rock Chip Sample Map, click here.
