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Evrim Resources Corp.

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Summary

Project:

Sarape

Deposit:Sarape
Location:Mexico
Commodities:Gold-Silver
Date:7/23/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-7-2019: Evrim Resources Corp. announces an Exploration/Drilling Update report for its Sarape deposit at the Sarape project. JV - drilling results incl. 24.68m @ 0.18g/t Au, 8.9g/t Ag from 179.42m. Vancouver B.C. – July 23, 2019: Evrim Resources Corp. (
Resources:x
CP/QP:[Overall Report]: Stewart Harris (Internal)
ABSTRACT:Vancouver B.C. – July 23, 2019: Evrim Resources Corp. (TSX.V: EVM) (“Evrim” or the “Company”) announces drill results from the 2019 maiden drilling program at the Sarape project in Sonora, Mexico. At the completion of the program, the Company’s exploration partner, a subsidiary of Coeur Mining, Inc. (“Coeur”), relinquished their option on the project. “Evrim and Coeur completed a ten hole maiden drill program at the Sarape project testing for blind mineralization along the Sarape, La Nube, and Chiltepin veins. The drill program intersected a fissure vein up to 23.6 metres wide on the Sarape vein with consistent low-level gold and silver values. To date, only 380 metres of the six kilometre strike length of the Sarape vein has been tested.”, commented Evrim VP of Technical Services, Stewart Harris. “We would like to thank Coeur for their contribution to the project and will seek a new partner to undertake further drilling.” Ten holes totaling 2,930 metres were completed – nine holes on the Sarape vein and one hole on the Chiltepin vein. Hole SAR-01 was drilled from the footwall side of the Sarape vein to test both the La Nube vein and the lower levels of the Sarape vein. The hole intersected the La Nube vein but failed to intersect the Sarape vein. Holes SAR19‐02 through SAR19‐09 were drilled from the hanging wall side of the Sarape vein and each intersected the vein. These nine holes tested the Sarape vein along 380 metres of strike length and to a maximum of 450 metres down‐dip. Hole CHI19-01 tested the eastern extremity of the Chiltepin vein and returned no significant results.

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