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| Gecom Resources Gold Mining Plans for Southern Chile Public Document Collection |
| Southern Chile Environmental Issues |
Geocom Resources Gold mining plans and project for the Chilean region X of Southern Chile, in the Espolon Valley of the Patagonia near Futalueufu Chile and other locations in Chile, South America supporting documents and links. Here are some related documents from such sources as the security and exchange filings in the United States and Press releases made to share holders, regarding their Gold and Copper mining project in Southern Chile. It also includes reference to associates and other companies involved, and the mineral reports.
The following is the public disclosure of to the stockholders regarding Geocom Resources, inc's mineral surveys, rights, and activities in the Espolon valley of Chile and other location in Chile, south America.These are related quotes and public record disclosures from Geocom regarding their plans in the Chilean Patagonia:
The full text of this press release from GROCOM found at: http://www.stockhouse.com/news/news.asp?newsid=5048438 GEOCOM RESOURCES INC Espolon Assays Copper to 3.52% Over 10 Meters and Gold to 20.9 Grams/Tonne Over 5 Meters 4/16/2007 BELLINGHAM, WA, Apr 16, 2007 (MARKET WIRE via COMTEX News Network) --
Geocom Resources Inc. ("Geocom" or "The Company") (OTCBB: GOCM). Further to the News Release dated March 22, 2007, wherein Geocom announced the positive gold assays in respect of the Espolon Project, part of the south Chile Region Ten joint venture with Kinross Gold Corporation, the Company is pleased to present the silver, copper, lead, zinc, and tungsten analyses recently received from the laboratory.
Strong copper-silver-gold mineralization is hosted by a subhorizontal manto containing high-angle cross-cutting quartz veins and structural zones. The copper mineralization ranges up to 13% and shows a strong association with silver, which returned values of up to 172g/t (5oz/ton Ag). The mineralized zone is also anomalous in lead and zinc. Tungsten (shown here) and bismuth are also geochemically anomalous, reflecting the skarn environment present over part of the Espolon property.
The subhorizontal mineralized manto is cut by a series of mineralized en echelon quartz veins that occupy a strong north-south structural trend. Mineralization in the veins varies up to 60% total sulfide, with locally up to 30% chalcopyrite. This veining is present throughout the zone, but is most intense over a strike length of 1.5 kilometers (0.9 miles) at the northern end of the known manto.
The Espolon Claim Block comprises 13 claims totaling 3,800 hectares (9,390 acres or about 14 square miles). The claims cover a gold-silver-copper mineralized zone that has now been traced over a strike length in excess of 3 kilometers (2 miles). The mineralized zone is 10 to 30 meters thick (32 to 96 feet). The zone consists of a gently dipping altered sequence of volcanic tuffs, limestones, and argillites. These rocks have been thermally metamorphosed and moderately to completely silicified. Within the mineralized zone there is a massive sulfide layer that varies in thickness up to 3 meters (about 10 feet) consisting of pyrrhotite-pyrite with varying amounts of chalcopyrite.
----------------------------------------------------------------------- sample Sample# sample type length Au_ppm Ag_ppm Cu% Pb_ppm Zn_ppm W_ppm (meters) ======================================================================= 529033 Chip 0.3 0.10 27.4 *2.53 81 375 9 529034 Chip 0.3 0.04 15.7 *2.02 29 255 47 529035 Chip 0.15 0.04 71.0 *1.14 643 87 7 529036 Chip 0.15 0.10 52.6 *2.44 < 3 231 9 529806 Chip 1.2 *3.36 2.9 0.09 64 285 < 2 529813 Composite 0.5 0.48 *172.0 *13.05 83 671 < 2 529820 Chip 2.4 0.48 *0.07 *0.17 < 3 72 79 529821 Chip 1.3 *11.4 4.7 0.09 145 83 * > 100 529823 Grab 0.11 46.9 *6.92 3 900 * > 100 531058 Chip 8.0 *1.00 4.2 0.43 5 31 25 531059 Chip 8.0 0.44 4.1 0.44 < 3 16 35 531060 Chip 8.0 0.19 4.0 0.10 < 3 26 99 531062 Chip 10.0 0.03 11.5 *3.52 50 119 19 531066 Grab *2.47 1.0 0.04 11 30 28 531067 Chip 7.0 0.46 0.7 0.06 11 27 50 531068 Chip 7.0 *3.20 0.7 0.03 12 24 29 531069 Chip 7.0 0.27 0.3 0.01 5 30 < 2 531079 Chip 8.0 *2.11 1.2 0.02 53 174 8 531080 Chip 8.0 0.34 0.5 0.02 15 99 < 2 531082 Chip 2.0 0.15 32.9 *2.97 19 497 14 531083 Chip 5.0 *8.06 8.4 0.09 438 4561 < 2 531084 Chip 5.0 *20.90 9.2 0.05 377 118 < 2 531085 Chip 5.0 *3.00 20.7 0.34 278 1616 < 2 531166 Chip 3.0 *1.43 1.8 0.14 107 231 < 2 531167 Chip 3.0 *5.38 4.4 0.39 35 255 < 2 531173 Grab 0.14 50.7 *6.62 488 4152 * > 100 531181 Float *19.1 62.1 0.11 *1.54 *2.72 < 2 531974 Chip 2.0 0.68 3.1 0.17 48 79 100 531975 Chip 2.0 0.27 1.1 0.12 10 93 14 ----------------------------------------------------------------------- Overlimit results, and gold assays over 1g/t marked with (*)
The samples are being analyzed at Acme Laboratories in Santiago, Chile using the Group 1D ICP-ES process for 30 elements, and the Au-FA (50) AAS process for gold. All samples containing values of greater than 100ppm silver, 1,000ppm copper, lead and zinc are then assayed using traditional wet chemical analyses and fire assay procedures. Additional assays for both gold and ICP are pending, and will be reported when received.
Geocom and Kinross are jointly exploring and acquiring gold and other mineral targets in Region Ten of south Chile. Properties acquired by the venture are managed via individual joint venture on a 50-50 basis. Kinross has the right to acquire a majority interest by making additional expenditures on individual properties and by exercising warrants granted to Kinross by Geocom.
For further information please contact Samantha Haynes at 604.805.4653 or via e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
On behalf of the Board of Directors
"John E. Hiner" President & CEO
About Geocom Resources Inc.
Geocom Resources Inc. (OTCBB: GOCM) is a U.S.-based mineral exploration company focused on acquiring and developing mineral resources in geologically acceptable and politically stable countries of the world. The Company is presently active in Alaska, Argentina, Nevada, and Chile. The Company focuses on development of projects that are or will be of interest to mid-size or major producers with the goal to form joint ventures on such projects. Geocom expects to grow and maintain an interest in mines operated by its partners, allowing it to build value through continued exploration. To find out more about Geocom Resources Inc. please visit www.geocom-resources.com.
Safe Harbor Statement:
Statements in this document that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include regarding the continued evaluation and exploration program in Region Ten of south Chile made pursuant to the joint venture agreement between Geocom and Kinross, and in particular the Company's intention to offer the Espolon claim-blocks to Kinross as a formal joint venture in accordance with the reconnaissance venture agreement. Factors that could cause actual results to differ materially include risks and uncertainties of such as the failure or inability of the parties to enter any formal joint venture agreement, and in particular a joint venture in respect of the Espolon claim-blocks, or either Geocom or Kinross being unable or unwilling, whether for financial reasons or otherwise, to perform obligations under any joint venture agreement that is entered, the inability of either party to continue working in Chile, the inability of either party to finance planned exploration, drilling and work programs, as required from time to time, and any unforeseen difficulties in commencing or completing such program, or the results of the programs not showing any commercially feasible grades of minerals, any of which could, among other things, delay, impede or prevent the planned explorations and harm the viability of Geocom. Actual results may also differ materially from those currently anticipated due to a number of other factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.
GEOCOM RESOURCES INC. Suite 413 - 114 West Magnolia Street Bellingham, Washington 98225 Tel (360) 392-2898
Geocom Establishes Espolon Project in South Chile based on assay results. Thursday, March 22, 2007
Bellingham, WA – March 22, 2007 – Geocom Resources Inc. (“Geocom” or “The Company”) (OTCBB: GOCM), is pleased to announce the positive results of mapping and sampling at its Espolon Claim Block, which is part of the south Chile Region Ten reconnaissance joint venture with Kinross Gold Corporation.
Sampling by Geocom crews has returned gold assays ranging from 0.56 ppm Au to 20.9 ppm Au (0.016opt Au to 0.61opt Au). Copper assays have not yet been received. Check sampling has been conducted to verify the high grades of gold in numerous samples, and additional results will be released when the lab provides them. The table below sets forth a selection of sample results and sample widths.
<techinical mesurments obmitted for brevity>
Due to the excellent assay results and the highly prospective geology, Geocom has selected and elevated this claim block to project-level status. Upon receipt of complete results, Espolon will be offered to Kinross for formal joint venture in accordance with the reconnaissance venture agreement.
The Espolon Claim Block comprises 13 claims totaling 3,800 hectares (9,390 acres or about 14 square miles). The project encompasses a variably altered and mineralized gold and copper-bearing manto that has been traced over a strike length in excess of 3 kilometers (2 miles). The mineralized manto is 10 to 30 meters thick (32 to 96 feet) and consists of a gently northwesterly dipping altered volcano-sedimentary sequence of tuffs, limestones, argillites and skarn. These rocks have been thermally metamorphosed and moderately to completely silicified. Within the manto there is a massive sulfide layer that varies in thickness up to 3 meters (about 10 feet) consisting of pyrrhotite-pyrite with varying amounts of chalcopyrite.
Superimposed on the mineralized manto is a series of mineralized en echelon quartz veins that are controlled by a strong north-south structural trend. Mineralization in the veins varies up to a total amount of 60% total sulfide, with locally up to 30% chalcopyrite. This veining is present throughout the zone, but is most intense over a strike length of 1.5 kilometers (0.9 miles) at the northern end of the known manto.
Previous sampling of the manto zone by the French agency BRGM encountered copper values in grab samples ranging from 1 to 12%, and observed mineralized bedding thicknesses of 0.5 to 7 meters.
Geocom and Kinross are jointly exploring and acquiring gold and other mineral targets in Region Ten of south Chile. Properties acquired by the venture are managed via individual joint venture on a 50-50 basis. Kinross has the right to acquire a majority interest by making additional expenditures on individual properties and by exercising warrants granted to Kinross by Geocom.
For further information please contact Samantha Haynes at 604.805.4653 or via e-mail at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
On behalf of the Board of Directors John E. Hiner, President & CEO
About Geocom Resources Inc.
Geocom Resources Inc. (OTCBB: GOCM) is a U.S.-based mineral exploration company focused on acquiring and developing mineral resources in geologically acceptable and politically stable countries of the world. The Company is presently active in Alaska, Argentina, Nevada, and Chile. The Company focuses on development of projects that are or will be of interest to mid-size or major producers with the goal to form joint ventures on such projects. Geocom expects to grow and maintain an interest in mines operated by its partners, allowing it to build value through continued exploration. To find out more about Geocom Resources Inc. please visit www.geocom-resources.com.
Safe Harbor Statement:
Statements in this document that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this release include regarding the continued evaluation and exploration program in Region X of south Chile made pursuant to the joint venture agreement between Geocom and Kinross, and in particular the Company’s intention to offer the Espolon claim-blocks to Kinross as a formal joint venture in accordance with the reconnaissance venture agreement. Factors that could cause actual results to differ materially include risks and uncertainties of such as the failure or inability of the parties to enter any formal joint venture agreement, and in particular a joint venture in respect of the Espolon claim-blocks, or either Geocom or Kinross being unable or unwilling, whether for financial reasons or otherwise, to perform obligations under any joint venture agreement that is entered, the inability of either party to continue working in Chile, the inability of either party to finance planned exploration, drilling and work programs, as required from time to time, and any unforeseen difficulties in commencing or completing such program, or the results of the programs not showing any commercially feasible grades of minerals, any of which could, among other things, delay, impede or prevent the planned explorations and harm the viability of Geocom. Actual results may also differ materially from those currently anticipated due to a number of other factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.
From their filing with the United
States Securities and Exchange commission (SEC), they disclosed that their
company in Chile is Minera Geocom Resources-Chile Limitada, and their
activities in Chile are extensive:
All of their public US filings can be found here http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1141787
The incorporation of our Chilean subsidiary, Minera Geocom Resources-Chile Limitada, was recorded on October 16, 2003 with the Registry of Commerce of Santiago. The formation of this subsidiary allows us to carry out exploration and acquisition efforts in Chile.
On October 31, 2003 we announced the acquisition of two gold and base metal projects in Chile. Our Chilean subsidiary personnel staked both properties on our behalf. The claims were staked prior to the incorporation of Minera Geocom Resources-Chile Limitada, our Chilean subsidiary, due to competitive activity in the area, and will be transferred to Minera Geocom Resources-Chile Limitada upon completion of the claim filing process.
On January 24, 2005 we announced that our wholly-owned subsidiary, Minera Geocom Resources-Chile Limitada (MGRC), has signed a formal joint venture agreement to earn a 55% interest on the Escorpion gold property from Minera Canela S.A. The property is situated in the fourth region Province of Choapa in Chile. To earn our interest, we must spend US$1,700,000.50 over four years on exploration and development and we must expend $150,000.50 in exploration on the property on or by December 31, 2005. We had spent $80,340.97 as of June 30, 2005
On April 4, 2005 we announced an
exploration agreement between our wholly-owned subsidiary, MGRC, and
Mr. Robert Mitchell in which MGRC acquired the rights to use an
extensive, regional database containing numerous copper, gold, and
platinum/palladium occurrences in regions 10 and 11, the Patagonia
area of southern Chile.
Regions 10 and 11, the Patagonia area
of southern Chile On April 6, 2005 we announced that, through our wholly-owned subsidiary Minera Geocom Resources-Chile Ltda. ("MGRC"), we have initiated an exploration program in regions 10 and 11, the Patagonia area of southern Chile. By virtue of an exploration agreement with Mr. Robert Mitchell ("Mitchell"), a Canadian prospector resident in Chile, MGRC has acquired the rights to use an extensive, regional database containing numerous copper, gold, and platinum/palladium occurrences in an area of Chile that has been historically under explored. MGRC and Mitchell have teamed up to evaluate, further define, and acquire prospective land positions in this region.
Mitchell has accumulated geochemical data from various sources such as BRGM (Bureau de Researche de Geologie et Miniere - a French government agency) and Sernageomin (Chilean exploration agency), BHP-Billiton, and others. Mitchell compiled over 1600 stream sediment and 1300 rock chip samples, augmented by his own exploration work, into a GIS database combining topography, digital elevation data, landsat imagery, air photos, structural interpretation and published geology. Interpretation and analysis of this database combined with ground follow-up resulted in the identification of over 40 new mineralized occurrences.
The 3,000+ sample database includes multi-element assays, and covers a broad range of geologic terrains. These terrains offer the potential for porphyry copper, epithermal gold, and massive sulphide deposits. In addition, the database revealed significant platinum/palladium anomalies in stream sediments and pan concentrates. Numerous coarse-gold placer occurrences were also identified that have no associated primary source.
The first phase of the exploration program was jointly designed by the us and Mitchell, and is focusing on areas of gold anomalies in both stream and pan concentrate samples, which also display a geochemical signature indicative of epithermal gold deposits. This work will consist of mapping and rock sampling to determine the potential for a significant ore deposit. Land acquisition will follow upon the validation of any significant mineral potential.
Phase II will follow-up on the porphyry copper potential of the region, and Phase III will address the PGM occurrences. The Phase II and III programs will coincide with further programs on the gold targets developed during Phase I. Mitchell has been contracted to provide logistical and field management of the exploration and acquisition program. We are pleased to have Mitchell, who is an experienced prospector and self-taught geologist, working with our company.
Our management anticipates that property acquisition will follow rapidly from this first phase of exploration which commenced last week. In keeping with the our corporate philosophy, management considers the acquisition of this database and Mitchell's services to be an excellent means to rapidly identify and acquire high-quality exploration projects for timely development in an area of growing interest.
There are repeat offender in Region IX and X, with projects also in region IV of Chile:
In August 18, 2005, Geocom announced
the receipt of results and report on initial activities in Region IX
of its South Chile program. In addition to reconnaissance mapping and
rock chip sampling, Geocom personnel conducted repeat sampling in the
same areas where the previous sample data indicated as a means of
confirming the gold and other element anomalous zones, as well as to
validate the database. Geocom is pleased to report that work in the
2005 season confirmed the earlier results. Samples taken in the same
drainages and in approximately the same locations produced anomalous
gold assays ranging from 0.074 to >1 gram per tonne Au. From the investment review Febeurary 2006 at: http://www.foreigninvestment.cl/pdf/Investment_review_february2007.pdf.
GEOCOM AND KINROSS GOLD CORPORATION MOBILIZE FOR THE SOUTH CHILE PROJECTS EVALUATION Geocom Resources Inc. is pleased to announce that the Company and Kinross Gold Corporation have mobilized their geologic teams to Region Ten of south Chile to evaluate its claims and to develop drill targets. In November 2006 Geocom and Kinross staked a total of 318 claims in six separate claimblocks in Region Ten, based on anomalous multi-element sample results and prospective geology that exhibited the conditions to develop potentially economic mineral deposits. The total number of hectares acquired is 91,700, which is equivalent to 354 square miles.
Four technical teams have been deployed to conduct mapping and detailed sampling on six high-priority targets: the Chaitén copper- gold-molybdenum porphyry, the Cerro Primero disseminated gold target, the Cerro Vaca gold target, Cerro Mera gold-zinc- copper skarn target, the Cerro Condor gold zone, and the Rio Azulado porphyry copper target.
As part of the Río Azulado evaluation, the Tigre high-grade silver zone will be sampled. Numerous secondary targets will be evaluated after the primary targets have been developed to drill-ready status.
Geocom and Kinross management are pleased with the results to date, and have fast-tracked the development of potential drill targets on the joint venture's claims. Due to the success achieved by the initial reconnaissance program, additional exploration in new areas of Region Ten is planned.
This exploration venture with Kinross is a further implementation of Geocom's business strategy of developing new exploration targets that it considers to have solid development potential, and then forming ventures with solid operating companies for continued development. In the view of management, such ventures will allow Geocom to continue |
Geocom Resources Gold mining plans and project for the Chilean region X of Southern Chile, in the Espolon Valley of the Patagonia near Futalueufu Chile and other locations in Chile, South America supporting documents and links. Here are some related documents from such sources as the security and exchange filings in the United States and Press releases made to share holders, regarding their Gold and Copper mining project in Southern Chile. It also includes reference to associates and other companies involved, and the mineral reports.