MAG Silver Corp. (MAG) is in plans of consolidating Deer Trail Carbonate Replacement Deposit “CRD” project in Piute County, Utah through 100% acquisition of the silver-rich project. The company recently entered into agreement to move forward to take over the project along with 111 of its patented and 682 unpatented claims. The project claims are comprise of about 5,600 Ha of area covering the historic Deer Trail Mine and the neighboring area of Alunite Ridge.
The consolidation will be the first of its type since 1980s, which will allow MAG to perform a district-wide integrated exploration approach. Those exploration efforts will be made utilizing several mineralization techniques from CRD through Skarn to Porphyry Copper-Molybdenum shown by many related systems worldwide.
The suggestion of this technique is that the high quality gold, lead, silver, copper and zinc CRD sulfides of the Deer Trail mine are linked with Porphyry Copper-Molybdenum center. The continuous mineralization spanning over kilometers could reach to that center lying to the west near Alunite Ridge.
Permissions have been sought for the initial drill pads of Phase I exploration which will scheduled to be start this month. The advanced-level exploration will be based on a blend of historic and new data supported by a planned underground seismic survey. This will help silver-rich Deer Trail mine CRD mineralization to depth which is main point of focus of the company in the Phase I exploration.
Dr. Peter Megaw, MAG Silver’s Chief Exploration Officer said that he was longing exploring the Deer Trail since 1982 because of its demonstration of high characteristics of a large Porphyry-related CRD system. Consolidating the property will help the company applying its integrated exploration model as well as new technologies. This will make the search for the entire suite of mineralization styles possible which the company has been expecting occurring on this property.