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

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5.0 DEPOSIT TYPE<br />

El Castillo is an epithermal gold prospect. Epithermal deposits form in the shallow parts of magmarelated<br />

hydrothermal systems (Figure 5). <strong>The</strong>y are generally associated with volcanism and intrusions of<br />

calc-alkaline magmas, commonly in sub-aerial volcanic arcs. <strong>The</strong>re are two end-member styles of<br />

epithermal mineral deposits: low-sulphidation and high-sulphidation (Figure 5-1). Mineralization at El<br />

Castillo is somewhat enigmatic, partly due to the lack of detailed geologic study, but in general shares<br />

more characteristics with low-sulphidation type of epithermal mineralization than high-sulphidation<br />

mineralization (Cook and Simmons, 2000; White and Hedenquist, 1995).<br />

Figure 5. Diagram of the geologic environment for epithermal deposits.<br />

Sulphide mineralization is generally introduced along faults and fractures although mineralization can also<br />

be disseminated in permeable rock strata. Sulphide assemblages include electrum, native gold, native<br />

silver, argentite, pyrargyrite, proustite, chalcopyrite, sphalerite, galena, tetrahedrite and occasional<br />

telluride minerals. Common gangue minerals include quartz, chalcedony, adularia, calcite and amethyst.<br />

Vertical metal zonation is manifested with higher amounts of gold, silver, or gold and silver along with<br />

mercury, tellurium and antimony in the upper portions of the system, and higher lead, zinc and copper<br />

contents at deeper levels.<br />

Gold and silver grades in low-sulphidation epithermal systems can be very high, occasionally reaching<br />

gold grades on the order of tens-of-grams of gold per tonne and kilograms of silver per tonne. Lowsulphidation<br />

epithermal deposits typically average around 770,000 tonnes and average 7.5 grams per tonne<br />

(“g/t”) Au, 110 g/t Ag with minor Cu, Zn and Pb (Panteleyev, 1996). It should be noted that these grades<br />

and tonnages are representative of vein-type low-sulphidation deposits.<br />

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