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Josefina
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Target Minerals:
Gold, Copper & Zinc
Size:
1,400 Ha.
Location:
The property is located in the Sanchez Ramirez province approximately one hour's drive from the country capital Santo Domingo. Access is excellent with several drivable paved and dirt roads crossing the property.
Josefina is located in the Maimon Formation 18 kilometres northwest of the Pueblo Viejo mine and 2 kilometres northwest of GoldQuest Mining Corp.'s Punta Larga concession.
Property Geology and Mineralization:
The lithologies within the Josefina concession principally comprise of bimodal volcanics, quartz-phyric felsic intrusives commonly known and mapped as Maimon Formation and limestones.
The rocks on the property generally possess a regional NW trending foliation that dips moderately to the SW and have been exposed to lower grade greenschist facies metamorphism. Some of the intrusive quartz porphyry rocks to the SE seem to have evaded this deformation - or post date the deformation of the late Cretaceous to late Eocene.
A NNW orientated thrusted or faulted contact has been mapped between the Hatillo limestones and rocks of the Maimon Formation.
The Josefina concession covers two large areas of gossan with highly anomalous geochemistry El Altar and El Can. Both areas are thought to represent mineralised porphyry intrusives highly anomalous in molybdenum.
As of December 2003, GoldQuest Mining Corp. has taken 12 fine fraction (-200#) stream sediments, 1,056 soils and 468 rock samples.
Exploration:
GoldQuest Mining Corp. acquired 51% of the property by reaching the US$150,000 earn-in after joint venturing the property from Energold in October 2001.
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