CAPACUANSMALL SCALE· Report
Independent geological report on the Paracale Nacional vein systems completed
Geologists M. G. Acenas and D. Vargas have completed a geological report on the gold veins in and around our Minahang Bayan.
A new geological report on the Paracale Nacional vein systems, prepared for Paracale Gold Corp. by geologists M. G. Acenas and D. Vargas, has been completed.
The report describes four gold-bearing quartz vein systems, the Manila, Vallejo, Pasacao and Virginia veins, within a zone of about 900 by 1,000 metres. It reviews the pre-war underground mining on the Manila and Vallejo veins and the exploration carried out since.
The report is not compliant with NI 43-101 or JORC, and no current mineral resource has been defined. It recommends a first work program of mapping, trenching, about 50 assays, petrography and tunnel rehabilitation.
A summary of the findings is on our Gold Veins page.