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Megastar's Efforts Identify Multiple High Potential Targets at Yautepec Project

Mining News - Published on Thu, 18 Jul 2019

Image Source: Megastar Development
Megastar Development Corp, an early stage mineral exploration company focused on its properties in Oaxaca, Mexico, announced on the Company's preliminary exploration activities at its Yautepec project; one of three properties that the Company is currently earning a 100% ownership in. Headed by David Jones, Megastar's exploration manager, a team of geologists performed two rounds of reconnaissance mapping and geochemical sampling that have revealed widespread metal anomalies in multiple areas on its Yautepec project. The exploration efforts are being focused on a 22-kilometer zone consisting of a geological structure similar to those known to host bonanza type epithermal systems at the nearby producing San Jose and Arista-Switchback mines.

Mr David Jones, exploration manager and director of Megastar, said that “It is remarkable to have defined such highly prospective geology so soon after the start of our field program. The work to date supports our initial interpretation and looks as promising as the early stages of other exploration programs in the region which are now producing mines. The goal now is to expand known areas and discover additional new targets. We await pending results with great anticipation."

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Posted By : Sanju Moirangthem on Thu, 18 Jul 2019
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