Evrim acquires Llano del Nogal property in Sonora
Thursday, Jan 24, 2013Evrim Resources Corp. (TSX VENTURE:EVM) ("Evrim" or the "Company") is pleased to announce that it has acquired the Llano del Nogal project in Sonora, Mexico. Llano de Nogal is an early stage target covering 104 square kilometres of ground prospective for copper-molybdenum-gold porphyry deposits and epithermal gold and silver deposits. The project was identified through the Company's generative programs and acquired through staking. The property is favorably situated in the prolific Cananea-La Caridad Porphyry Belt, and represents one of the few relatively untested targets in the trend.
The property lies approximately 180 kilometres north east of Hermosillo at the junction of the Cananea-La Caridad Porphyry Belt and an east-northeast structural trend that hosts polymetallic as well as gold-silver vein and breccia systems. The claims overlie an extensive alteration system, which is exposed over approximately 25 square kilometres.
The mineralized structures within the east-northeast trending alteration zone are interpreted to be high-level epithermal gold-silver structures that could be related to a buried porphyry copper+/-molybdenum+/-gold system. Approximately ten kilometres along trend to the east is the Batamote copper-molybdenum occurrence that is hosted within a Laramide granodiorite. The alteration at Llano del Nogal could be related to a porphyry system at depth beneath conglomerate cover. Evrim intends to define drill targets by a combination of mapping, prospecting and an IP geophysical survey.
"The Llano Del Nogal property adds to Evrim's portfolio of compelling geological projects within Sonora," commented Paddy Nicol, President and CEO of Evrim. "The project represents an excellent example of the generative potential of the region, and we are pleased to be able to bring quality opportunities such as Llano del Nogal to our current and potential exploration partners."