Lucky Minerals (TSX-V:LKY, OTC:LKMNF) Inc said it has outlined two large, anomalous gold areas at the Wayka discovery on its Fortuna property in Ecuador.
Soil samples taken along a 50 metre by 50 metre grid at Wayka revealed two gold areas in the northern section of the target, Lucky said in a statement. A total of 1,027 samples were taken covering nearly 2.5 square kilometres.
The strongest of the two areas measures nearly 700 metres by 400 metres and contains soil values ranging from 0.035 to 1.43 parts per million (ppm) gold. The second area measures around 425 metres by 300 metres and soil values range from 0.031 to 0.19 ppm gold.
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Lucky Minerals CEO François Perron told investors that the potential at Wayka is increasing in scale.
“We are very excited at following up the mineralization identified in the trenches. At the same time, the systematic exploration work that the team is doing is providing for potential targets that will be considered in our drilling program. The scale of the system appears to be getting larger and I look forward to reporting on the balance of the team's pre-drilling fieldwork as it is completed'" Perron said in a statement.
Lucky Minerals is preparing to mobilize drilling equipment at the discovery in anticipation of its inaugural 3,000-metre drill program.
The Fortuna project is comprised of twelve contiguous, 550-square metre exploration concessions. The property is located in a highly prospective, yet underexplored, gold belt in southern Ecuador.
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