viewLucky Minerals

Lucky Minerals outlines 'exciting' Emma prospect at the Fortuna 4 concession

The so-called Emma prospect lies around 8 kilometres south of the El Garo prospect and results from rock chip samples confirmed anomalous gold.

Lucky Minerals -
A rock sample taken from the Emma prospect showed stockwork veinlets of quartz-pyrite

Lucky Minerals Inc (CVE:LKY) (OTCMKTS:LKMNF) has outlined a large alteration area measuring around 2.8 kilometres by 2 kilometres at its Fortuna 4 concession in southern Ecuador.

The so-called Emma prospect lies around 8 kilometres south of the El Garo prospect and the firm said results from rock chip samples had confirmed anomalous gold.

READ: Lucky Minerals taps longtime director Francois Perron as new CEO

"The outlined surface alteration at Emma is an exciting prospect identified by our field team in September," Francois Perron, who was appointed the new chief executive (CEO) of Lucky Minerals in September, said in a statement.

"Thanks to the diligent work of the team by following strict COVID-19 health & safety protocols and local regulations, work has continued throughout the month of September and into October," he added.

"This has allowed our teams to continue their efforts at identifying new prospects that will be evaluated in the next phase of our exploration efforts."

The company said the discovery of this large alteration zone confirmed the presence of a strong hydrothermal system that warrants further exploration.

Of particular interest are northeast-trending quartz veins with widths ranging from 1 to 3 meters, which are located on the south-east margin of the alteration envelope and are hosted in meta-granite, it added.

Lucky Minerals is an explorer targeting large-scale mineral systems in proven districts with the potential to host world-class deposits. It owns a 100% interest in the Fortuna and Emigrant projects in Ecuador.

Contact the author at giles@proactiveinvestors.com

Quick facts: Lucky Minerals

Price: 0.08 CAD

Market: TSX-V
Market Cap: $5.68 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Lucky Minerals named herein, including the promotion by the Company of Lucky Minerals in any Content on the Site, the Company receives from...


Lucky Minerals looks to move Fortuna Property forward announcing new financing

Lucky Minerals (CVE: LKY- OTC: LKMNF) CEO Francois Perron joined Steve Darling to bring news the company has announced a new financing with Lucky hoping to raise 5 million dollars. Perron talks about the raise and what this capital will be used for on their Fortuna Property in Ecuador.

on 14/1/21

2 min read