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Another advantage Radius Gold had in identifying Tropico, Smith says, is that the company was founded by Simon Ridgway, who has been focused on hot spring epithermal systems for over 20 years.
Historic mining depths, structural controls, host rocks and vein textures support a geologic and exploration model for a composite mesothermal and epithermal vein system having mineralization that likely extends to great depth.
Limited shallow historic drilling on both projects encountered weakly anomalous gold but, importantly, was too shallow in the epithermal system to adequately test for higher-grade mineralization in the boiling zone at depth.
Mr. Smith has garnered a technical expertise in epithermal and mesothermal gold, ultramafic-associated platinum group metals, porphyry copper-gold, diamonds, unconformity-related uranium, and coal.
Recent drilling at Meseta proves that a shallow intermediate-sulphidation epithermal gold system exists adjacent to the recently discovered Copper Ridge Porphyry system.
Source: https://investingnews.com/element79-high-grade-gold-project-with-near-term-cash-flow-potential/
Several days were spent prospecting and mapping areas north and south along strike of the >700 m long epithermal vein system that produced high-grade gold ore averaging more than 1 ounce/ton (31.1 g/t) gold during mining operations in the 1930s.