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Evrim Resources Corp.
Summary
| Project: | Cuale | |
|---|---|---|
| Deposit: | Cuale | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 12/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2018: Evrim Resources Corp. announces an Exploration/Drilling Update report for its Cuale deposit at the Cuale project. Drilling results incl. 14.0m @ 1.92g/t Au from 0m. Vancouver B.C. – December 6, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” o | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stewart Harris (Internal) | |
| ABSTRACT: | Vancouver B.C. – December 6, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) announces initial drill results from the Cuale high sulphidation epithermal gold project in Jalisco, Mexico. The Company has received assay results from four of the first five drill holes targeting the La Gloria prospect. A total of 1,167 metres has been completed of a planned 3,000 metre program. Paddy Nicol, President and CEO of Evrim commented, “Unfortunately the gold grades in the first few drill holes were significantly less than that encountered in the trenches at La Gloria. The drill rig is currently turning near the North Dome where we have additional targets and we are continuously evaluating our exploration program as results are received.” About the Cuale Drill Program The drill holes completed to date have intersected volcanic fragmental rocks, all of which have been variably altered and represents part of a significant hydrothermal system. Drill holes GLR18-01, GLR18-02 and GLR18-03 were designed to form a section beneath Trench 4 and intersected a 28 metre to 32 metre true thickness of quartzhematite breccia from surface. The breccia is predominantly clast supported with 1.0 millimetre to 20 centimetre sub-rounded clasts of quartz with interpreted pyrophyllite/dickite and specular hematite in an earthy hematite matrix. This unit hosts the gold mineralization observed in trenching and drilling. Gold correlates with elevated silver, bismuth, molybdenum, lead and antimony. Beneath this unit is a 3.0 metre band of massive quartz and interpreted pyrophyllite/dickite alteration that has pervasively replaced an earlier tuff unit. | |
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