Regional Exploration, Nicaragua Carpatos District
The Carpatos District is located north of the Calibre/Rio Tinto Borosi Project. The 73 km2 Carpatos District has been the subject of surface mapping and rock and soil sampling. Existing target include a series of kilometre-scale anomalous zones with variable concentrations of precious and base metals. The largest anomaly is the Central Carpatos Target which is a circular topographic feature with a central diorite intrusion hosted within altered andesite volcanics. Mineralization consists of centimetre-scale massive bands of oxidized magnetite that are accompanied of thin banded veins and veinlets of granular quartz and magnetite with minor sphalerite and scarce veinlets of oxidized sulphides.