Link to 2008/2009 Sampling Database: Download PDF
Summary
Pericones is located approximately 160 kilometres southwest of Mexico City in a belt that is well known for silver veins, some of which have been mined. Previous work by Kimber returned significant silver grades and work in 2008 has returned very encouraging results. The 100% owned Pericones Property was originally 6,300 hectares in size. An additional concession was granted to Kimber in 2007 and the Pericones Property now comprises 11,890 hectares. The Pericones Property was acquired through staking and covers areas of sedimentary and volcanic rock. Kimber’s acquisition of Pericones was first announced in October 2006. Although staked earlier, Kimber waited to announce it until title could be fully secured.
There are four principal areas of alteration, mineralization and old workings identified so far, Plaza de Gallos, Aguacate, Tejamanil and El Cirian. Plaza de Gallos consists of a 3 X 3 metres wide adit at least 100 metres in length. The mineralized structure averages 2 metres in width and consists of brecciated silica cemented by later silica, carbonates and clay minerals. Sulphides within the vein range up to 2% of the siliceous material and are dominated by fine-grained pyrite with traces of sphalerite and chalcopyrite. Wall rocks are variably altered with the most common alteration products being pervasive chlorite and calcite. The Aguacate target comprises a 1.6 kilometre long shear zone with numerous mineralized bodies at low angles to the regional shear, several of which have had a significant amount of material mined. The Tejamanil area is characterized by two subparallel shear zones hosted in altered volcanic rocks. The El Cirian area is characterized by a wide, sulphidic shear zone hosted in sedimentary rocks.
Access and Infrastructure
The Pericones project is accessible by 20kms of well maintained paved road from the city of Tejupilco. The project is in close proximity to power (<10kms) and has water available year round.
Exploration
Kimber has stepped up the level of exploration on the 100% owned Pericones project which management believes has good potential for high grade silver. Kimber is in the process of finalizing land use agreements and permits to facilitate a drill program at Pericones in the first half of 2010.