Lucky Minerals (LKY.V) takes channel sampling seriously. The company, led by CEO François Perron, holds a set of mineral concessions in Ecuador. It has been working on the Wayka High Sulfidation Epithermal (‘HSE’) Gold Discovery where a program of trenching has defined a large area of HSE gold mineralisation at surface.
“We have too much geology for our geologists,” Francois Perron, CEO of Lucky Minerals (LKY.V) told me in a telephone interview. It is a problem many junior exploration companies would like to have. Having 12 contiguous exploration concessions covering 550 Km2 means there is a lot of ground to cover. So much ground that Lucky Minerals has only been able to focus on a few “hot spots” on its Fortuna property in Ecuador.
goldLucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce that it has identified an area with good potential for a large tonnage low grade type target at the Sherman Prospect. This area is characterized by 1 mm wide sheeted type quartz veins hosted in schists (up to 1.66 g/t gold), and two stockwork quartz vein zones comprised of less than 1 mm up to 3 cm wide quartz veins hosted in a meta-granite (up to 0.477 g/t gold). (Refer to map of sample & assay locations).
Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce that field work on the southwestern section of the Fortuna 4 concession, has outlined the Sherman Prospect (“Sherman”), An area of significant quartz veining, measuring approximately 5.5 km by 4.5 km. Sherman lies approximately 6.6 km southwest of the Emma Prospect (please click here to see location map). Results from rock chip samples confirm the alteration area has anomalous gold with samples up to 1.6 g/t gold.