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Alio Gold Inc.
Summary
| Project: | Ana Paula | |
|---|---|---|
| Deposit: | Ana Paula | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 4/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 4-4-2018: Alio Gold Inc. announces an Exploration/Drilling Update report for its Ana Paula deposit at the Ana Paula project. Drilling results incl. 48.2m @ 2.03g/t Au from 497.7m. VANCOUVER, British Columbia, April 04, 2018 -- Alio Gold Inc (TSX:ALO) (NYS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Pierre Desautels (Independent) | |
| ABSTRACT: | VANCOUVER, British Columbia, April 04, 2018 -- Alio Gold Inc (TSX:ALO) (NYSE AMERICAN:ALO) (“Alio Gold” or the “Company”), is pleased to provide the results of the second and third drill hole from its surface drill program at its 100% owned Ana Paula project in Guerrero, Mexico. The 3,800 metre surface diamond drill program was initiated in January 2018 and consists of six drill holes of 600 to 700 metres each targeting the complex breccia extension below the proposed open-pit. Both the second hole (AP-18-284) and third hole (AP-18-285) returned positive results from the near surface hydrothermal breccia south of the proposed pit and on the southern edge of the alteration halo. Both holes also intersected the complex breccia below the proposed pit. “The results from the surface drilling continue to be extremely encouraging. Firstly, they continue to confirm and provide further detail on the extent and continuity of the complex breccia mineralization below the proposed pit,” said Greg McCunn, Chief Executive Officer. “In addition, the hydrothermal breccia structure that lies south of the proposed pit continues to show mineralization over wide intersections near surface and may turn out to be a second mineralized breccia pipe altogether. We are looking forward to seeing the results from the next three drill holes to see how this develops.” The Company has initiated an extensive exploration program at Ana Paula which includes in addition to the surface drill program: | |
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