CACHI GOLD PROJECT
Dark Horse has a large portfolio of gold properties in the Santa Cruz and Rio Negro provinces of Argentina. Across these properties the company is continuing surface exploration and drilling programs. These projects include:
The Cachi project in Santa Cruz where recent exploration has proved some high potential gold bearing epithermal vein systems.
A large suite of properties throughout Santa Cruz province, providing high grade gold and silver values.
A suite of properties in the eastern part of the Rio Negro province, previously proven to contain potential for precious and base metals, which are currently under review.
CACHI GOLD Project
Currently the most advanced and major target for the Company
17,300ha lease located in the central-western region of Santa Cruz province
Region is host to numerous multi-million ounce, epithermal style gold-silver deposits including Cerro Vanguadia owned by AngloGold Ashanti, and Cerro Negro owned by Goldcorp
No comprehensive exploration has been completed on the lease prior to acquisition by Dark Horse
Exploration Results to date
Rock chip sampling of outcropping epithermal veins at the Cachi Project by dark Horse has returned anomalous gold and silver results over 750m in length at the Vetas Cachi Prospect and over 400m at the Morena Prospect.
Vetas Cachi displays a multifaceted outcrop pattern of multiple veins with splays that trend ENE over 1500m
The central vein shows displacement by northwest trending normal faults. Initial rock chip sampling has returned anomalous gold-silver values up to 9.7g/t Au and 51ppm Ag.
A consistent mineralized zone occurs over 250m in a dilation zone adjacent to one of these normal faults.
The Morena Prospect consists of a number of en-echelon southeast trending veins cut by mineralized north trending veins. Anomalous gold-silver-arsenic mineralization occurs in veins over a sampled area of 600 by 600m. Maximum values are 2.6g/t Au and 49ppm Ag.
At Morena, iron sulphide/oxide breccia hosting visible gold occurs in subcrop along the downslope of a prominent ridge formed by silica replacement. This is a characteristic feature of a number of prominent epithermal systems (Cerro Moro, Slovakia, Palmarejo) where the mineralization occurs in a geomorphologically recessive zone caused by easily erodible sulphides parallel to a silica rich fault that has acted as a fluid barrier.