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Advance Gold Corp.

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Summary

Project:

Tabasquena

Deposit:Tabasquena
Location:Mexico
Commodities:Gold-Silver
Date:4/24/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-4-2019: Advance Gold Corp. announces an Exploration/Drilling Update report for its Tabasquena deposit at the Tabasquena project. Drilling results incl. 4.72m @ 0.15g/t Au, 73g/t Ag from 124.50m. Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Co
Resources:x
CP/QP:[Overall Report]: Julio Linares (Not stated)
ABSTRACT:Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce drilling results from its phase 3 drilling program at the 100% owned Tabasquena project in Zacatecas, Mexico. This 1093m diamond drilling program included 2 deep holes targeting the western extension of a cluster of epithermal veins and one shallow hole to test the potential of the veins in the near surface oxide zone. Drilling Highlights The 180m shallow hole targeted the oxide zone of the vein system and returned a 17.65 metre intersection with gold and silver mineralization throughout. Highlight interval included 4.72m with 0.15 g/t gold and 73 g/t silver. The best gold interval was 1.05m of 0.58 g/t gold and 31 g/t silver. The oxide zone was hit at approximately 75 metres of depth, it is 125m north along strike of the nearest historical mining. More drilling will be needed to determine if this is a strike extension of the historical mining by Penoles of the main Tabasquena vein, or one of the other veins in the cluster. The two deep holes did not intersect the targeted depth extension of the cluster of epithermal veins discovered in Phase 1 and 2 drilling. It is possible that the veins are more vertically dipping than the company had thought.

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