overview |maps |past work

The Galeana project is located roughly 22 kilometers by south of the town of Guadalupe y Calvo in Chihuahua State, Mexico. Guadalupe y Calvo is connected by paved highway to Parral, a major centre.

The property covers two major vein systems, the Miguel Ahumada - Estrella de Oro trend and the San Geronimo trend, both of which have had limited historic production. Production took place from 1889 to 1910, and it is estimated from historic reports that up to 100,000 ounces may have been extracted from vein material averaging 0.6 ounces per ton (opt) Au. The mines were closed in 1910, prior to the Mexican revolution. Several comprehensive evaluations of the deposits were carried out between 1902 and 1923 and are in the possession of Almaden.

In these evaluations grades are reported to average 0.84 opt Au over an average of 6 feet at Miguel Ahumada, 0.42 opt over an average of 7 feet at San Geronimo, and 0.9 opt over an average of 4 feet at Estrella de Oro. Both vein systems represent classic banded quartz-adularia-carbonate low sulphidation epithermal veins. The Galeana project area is situated within the Sierra Madre Occidental, volcanic province which hosts many large low sulphidation epithermal gold-rich veins including Guadalupe y Calvo (2.0 million ounces), La Cienega (2.0 million ounces), Rosario (4.0 million ounces) and Tayoltita (6.0 million ounces).

Geology Maps of the Project
	Property geology including historic workings
	Property geology

 

 

November 2002 : Galeana optioned to Grid Capital Corporation. [more +]

April 2003 : Grid Capital completed a program of geological mapping, sampling and geophysics which identified several mineralized epithermal quartz adularia vein systems. [more +]

November 2004: Grid Capital commences a diamond drill program on the Galeana gold-silver property in Chihuahua State, Mexico.

February 2004 : A drill program was commenced consisting of 1,500 metres to test two vein systems.

December 2004: Grid Capital has completed a three hole, 568 meter diamond drill program on the Galeana gold-silver property in Chihuahua State, Mexico. The drill program tested one of the vein systems identified on the property, the Miguel Ahumada zone. The Galeana property hosts three major classic epithermal banded quartz-adularia vein systems, the San Miguel-Ahumada-Estrella de Oro, the Faldo Norte and the San Geronimo. [more +]

April 2005 : Grid drops its option in the Galeana Project.