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Targets

The Canasta Dorada property covers more than 242.2 square km and previous exploration focused on a small portion of that land. Highvista has initiated a program to explore the entire property and already has identified three priority areas where there is a potential for significant gold mineralization similar to the adjacent El Chanate mine.

There are currently three new targets in the Canasta Dorada project area:

  1. In the Chanate North area, where W-NW structures from the El Chanate Mine property appear to project onto the property in an area where there is little outcrop exposure except along the arroyos and washes.

  2. Las Quintas area, where S-SW dipping structures and foliation in conglomerates and intrusive host gold mineralization. Magnetic anomaly also suggests possibility for an intrusion at depth.

  3. Caballos area, where quartz veining and stockworks associated with low-angle structures may contain mineralization similar to the Big Pit area.

Current geochemical sampling and geologic mapping by Highvista and previous owners suggest that a system comparable to that being mined at the nearby El Chanate mine or the past-producing La Choya mine may be present at Canasta Dorada. New target areas in Caballos, Las Quintas, and Chanate North have the potential for hosting significant gold mineralization. The broad area stretching more than 20 km along the southern flank of the Sierra La Gloria and Cerro El Alamo ranges are largely covered by pediment, with small windows that expose the complex geology and structures beneath, such as at the Big Pit area.



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