The Indus target is located 20 kilometers southeast of the Aurizona Gold Mine and to the north of the Jupiter Shear Zone. Indus consists of a shear controlled north-northwest trending swarm of westerly-dipping (at 50o) quartz veins hosted in saussuritized porphyritic granodiorite displaying strong kaolinization and containing minor pyrite with occasional visible gold. Luna has conducted geologic mapping and a reconnaissance stage rock and tailings sampling program to determine the grade of both the veins and host rock. Initial results are positive, with grades ranging from below detection limit to 21.30 g/t gold and over 50 samples greater than 1.00 g/t gold.
Luna will advance the understanding of this new shear zone through focused sampling programs, structural mapping and interpretation. The Company’s objective is to rank these new targets against the existing targets at Luna Greenfields. The diverse geology and association of gold mineralization with regional-scale shear zones are significant targets.