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43-101 2008 Technical Report On The La Fortuna Project, Durango ...

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4.0 GEOLOGICAL SETTING<br />

4.1 REGIONAL GEOLOGY<br />

<strong>The</strong> Property lies within the Altiplano Subprovince of the Sierra Madre Occidental (“SMO”) (Consejo de<br />

Recursos Minerales, 1993). <strong>The</strong> SMO is a regionally extensive Eocene to Miocene volcanic field, which<br />

extends southeast from the U.S-Mexico border to Central Mexico. <strong>The</strong> Altiplano Subprovince is on the<br />

east flank the SMO and is comprised of Jurassic to <strong>La</strong>te Tertiary sedimentary and volcanic rocks.<br />

<strong>The</strong> oldest rocks in the El Castillo region are <strong>La</strong>te Cretaceous siltstones, sandstones and limestones of the<br />

Indidura and Caracol formations (Table 6), which, crop out in the incised stream valleys at El Castillo.<br />

<strong>The</strong>se sedimentary rocks commonly occur as small windows in the younger volcanics and further east as<br />

prominent northwest-trending ranges. This sedimentary sequence is unconformably overlain by a thick<br />

package of Tertiary volcanic rocks, which characterizes the SMO. <strong>The</strong> package is comprised of an older<br />

andesite-dominated series and a younger pyroclastic-dominated rhyolite series. <strong>The</strong> traditional<br />

nomenclature refers to these as the “Serie Volcanica Inferior” (Lower Volcanic Series), and the “Serie<br />

Volcanica Superior” (Upper Volcanic Series) respectively.<br />

<strong>The</strong> Lower Series in the SMO reaches a thickness of 1,000 m and is dominated by Paleocene and Eocene<br />

andesitic lava and pyroclastic rocks with interbedded volcaniclastic strata. Extensive outcroppings of this<br />

andesite unit are located near San Lucas de Ocampo, approximately 20 km southwest of El Castillo. <strong>The</strong><br />

Lower Series is cut by calc-alkaline intrusives that typically occur as dacite-rhyodacite domes, sills and<br />

dykes. <strong>The</strong>se intrusive units are exposed in the road cuts at El Castillo and in a large dome field near the<br />

village of San Agustín. <strong>The</strong> Upper Series unconformably overlies the Lower Series and is up to 1,000 m<br />

thick. <strong>The</strong> Upper Series forms a regionally extensive cap throughout the SMO and is dominated by<br />

Oligocene and Early Miocene dacite-rhyolite pyroclastic strata. Precious metal deposits are abundant in<br />

the Lower Series, however, the Upper Series is mostly devoid of precious metal mineralization with the<br />

exception of the Cienaga Mine, operated by Peñoles, in northwestern <strong>Durango</strong>.<br />

Table 6. General stratigraphy of the El Castillo area.<br />

ERA PERIOD EPOCH ROCK TYPE FORMATION<br />

Alluvium<br />

RECENT<br />

QUATERNARY<br />

Volcanic agglomerate<br />

PLEISTOCENE Basalt Metates<br />

PLIOCENE<br />

Upper Series<br />

TERTIARY MIOCENE Rhyolite, ignimbrites<br />

Volcanics<br />

OLIGOCENE Rhyolite tuff<br />

Upper Series<br />

Volcanic<br />

EOCENE<br />

Andesite, porphyritic with Lower Series<br />

hornblende<br />

Volcanics<br />

CENOZIOC<br />

PALEOCENE<br />

Andesite<br />

Lower Series<br />

Volcanic<br />

MESOZOIC<br />

CRETACEOUS<br />

Siltstone, sandstone,<br />

limestone<br />

Indidura, Caracol<br />

<strong>The</strong> prominent structural trend in the region is northwest and is delineated by northwest-trending basin<br />

and range (horst and graben) topography with ranges of both sedimentary and volcanic rocks. <strong>The</strong> ranges<br />

16

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