Read the story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Lucky Minerals expands recently discovered El Garo target on its Fortuna project in Ecuador

% of readers think this story is Fact. Add your two cents.

Lucky Minerals Inc (CVE:LKY) (OTCMKTS:LKMNF) said Wednesday it continues to expand its recently discovered El Garo target on the firm’s Fortuna 1 concession in southern Ecuador.

El Garo now covers an approximate area of 1.6 kilometres by 800 metres, the Vancouver-based company told shareholders.

The epithermal target lies on the Fortuna 1 concession on the wider Fortuna project, a 550-square kilometre area located in a highly prospective and underexplored gold belt in the South American country.

READ: Lucky Minerals recommences field exploration at Fortuna property in Ecuador

Analysis of satellite imagery of the Fortuna 1 concession indicates that El Garo appears to be spatially related to the margins of a circular feature that measures around five kilometres (km) in diameter and could represent “excellent” exploration targets, Lucky Minerals told investors.

The El Garo epithermal alteration zone appears to be spatially related to the margins of a circular feature (caldera-like) which measures approximately 5 km in diameter. 

“The outlined surface alteration at El Garo is an exciting discovery by our field team on the newly defined Shincata Gold Trend,” Lucky Minerals CEO Adrian Rothwell said in a statement.

“I am pleased to report that work has continued throughout the month of August, following strict COVID-19 health & safety protocols. This has allowed our teams to forge ahead on many fronts.”

Lucky Minerals has also kicked off the permitting process for an initial trenching and scout drilling on the target, as well as preparing a soil sampling program. The firm said it will complete ground geophysics on Fortuna 1 before outlining drill targets.

Rothwell noted that the firm is looking forward to upcoming results from multiple other targets on the Fortuna 3, 4, 9 and 10 South areas.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Story by ProactiveInvestors


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.