Focus is evaluating a system of intermediate sulphidation-type epithermal veins at Chucara for a high-grade gold and silver deposit.
The 700 hectare property, located within a highly endowed mineral belt in north-central Peru, is 45km southeast of Barrick’s Lagunas Norte Mine and 18km east of the Comarsa Au-Ag Mine.
The project covers the majority part of an historic Ag-Au (Pb-Zn) mine and the recently defined south-eastern extension of the mineralization.
The first hole, DDH-CHUC-001, is positioned in the Northern Target Area and is being drilled to test several targets, including the down-dip continuity of several past producing Au-Ag (Pb-Zn) veins and associated splays, and CSAMT geophysical anomalies.
The drill program is designed to test the system of high-grade gold and silver veins and deep geophysical anomalies that outcrop within a northwest-southeast trending corridor at least 2km long.
The sampling by Focus of surface vein outcrops over the length of the property indicates grades averaging between 10 – 15g/t Au.
