Despoblados
Despoblados is a low-sulphidation epithermal gold-silver target located just southeast of Barrick’s Veladero mine. Malbex is not planning any further exploration at Despoblados and is seeking to return the project to IPEEM or transfer it to another mining company.
During the 2009/2010 field season, Malbex completed a program of mapping and ground geophysical surveys (magnetometer and CSAMT) to identify zones of enhanced resistivity indicative of silicification and possible buried epithermal quartz veining. During the 2010/2011 field season, Malbex completed a 1,368 drill program (six holes). Targets tested at Despoblados consisted of a CSAMT resistivity anomaly associated with a pull-apart basin (two holes) and outcropping low-sulphidation epithermal veins (four holes). No significant mineralization was encountered, with best assays of 0.66 g/t gold and 22.0 g/t silver (separate samples, 1.0 metre core lengths).
Access to the Despoblados project is excellent as the all-season access road to the Veladero Mine and Pascua-Lama development site crosses the centre of the property.
Downloads
Regional Geologic Structure at Despoblados
Despoblados Satellite Image showing pull-apart basins and drill targets