Santo Domingo.– Santo Mining Corporation announced that Salvador Brouwer, a qualified geologist and independent
part-time consultant for the company, provided the following
report on the "Walter" claim after wrapping up a two week preliminary
Brouwer was assisted in the field by Geologist
Professor Luz Iris Contreras and seasoned sampler Francisco "Ramoncito"
Vasquez. The Walter Concession is located half way between the Cerro de
Maimon Mine (VMS) and the world class mine of Barrick's Pueblo
Even though most of the surface area of the concession is covered
by Quaternary fluvial sediments, there are plenty of outcrops in the
five creeks that meander through the area. The rock under these
sediments is the Maimon Schist, a bimodal metavolcanics
Foliation is well developed and a few areas of hydrothermal alterations were observed in The Lajas and Guaré creeks. A total of 87 active sediment samples were taken at 100 meter intervals. Selected samples have been taken to the Acme Laboratories for assaying.
This concession has considerable potential of finding Volcanogenic Massive Sulfide (VMS) deposits similar to Perilya Gold's nearby Cerro de Maimon, Loma Pesada, Loma La Mina, etc.