Surapata Location Mapclick on image to view enlarged
The Surapata Project consists of two mineral concessions totalling 1500 ha. The titles to the mineral concessions are held by Santa Barbara's Peruvian subsidiary, Santa Barbara Peru S.A.C.. The Surapata Project is located 30 km southeast of Puquio, the capital of Lucanas Province in the Ayacucho Region of Peru.
There is no record of previous exploration work on the Surapata Project.
The Surapata Project is located in the Tertiary volcanic belt hosting the Sancos Project. Surface geology and alteration patterns share similar characteristics as described for the Sancos project. Further geological studies, including geological mapping, rock sampling and geophysical surveys will be required to determine the mineral potential of the property. Such studies will be conducted in early 2011.
Reconnaissance samples have returned gold values of up to 0.72 g/t gold in hydrothermal massive silica breccias. Additionally, highly anomalous volatile elements are encountered throughout the property.
Alteration styles observed on the property include massive silica replacement with native sulphur, widespread steam heated zones and brecciation. The alteration, surface geochemical signature and gold values in brecciated rocks indicate the presence of a concealed high sulphidation epithermal gold system, similar to that found at Sancos.