Jupiter gold new gold project


Jupiter Gold Corporation announced that it has added a new 100% primary gold project to its asset base. The area entitled encompasses more than 4,750 acres in the direct continuation of a gold trend with settler activity, a strong indicator.

Samples collected by the Company from a trench opened by such settlers and analyzed in a SGS-Geosol laboratory showed results as high as 71 grams of gold per ton (“gpt Au”) in quartz veins hosted in amphibolites, phyllites, and granodiorites. Two examples of such gold-bearing rocks can be found in the photograph attached to this release.

Gold mineralization occurs locally in boudined quartz veins and is believed to be due to intrusions of basic igneous rocks, similar to the auriferous mineralization seen throughout the Western Chapada Diamantina region of Brazil. It is noteworthy that there is the additional potential for the occurrence of free gold that would allow recovery using gravimetric methods.

A Jupiter Gold field team headed by geologist Areli Nogueira is currently conducting additional analysis, including pre-determination of drilling campaign targets towards possible resource assessment.


Comments

Popular posts from this blog

GJEPC championing talent, celebrate design & craftsmanship

BFC & Pandora announce the fashion awards

Senco Gold & Diamonds Launches Special Jewellery Line to Commemorate Ram Mandir Pran Pratistha