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Evrim Resources Corp.
Summary
| Project: | Ermitano | |
|---|---|---|
| Deposit: | Ermitano West | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 1/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2018: Evrim Resources Corp. announces an Exploration/Drilling Update report for its Ermitano West deposit at the Ermitano project. Drilling results incl. 18m @ 11.4g/t Au, 86g/t Ag from 224.5m. Vancouver B.C. – January 16, 2018: Evrim Resources Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stewart Harris (Internal) | |
| ABSTRACT: | Vancouver B.C. – January 16, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce additional drill results from its Ermitaño gold project in Sonora, Mexico under option to First Majestic Silver Corp. (TSX:FR) (“First Majestic”). First Majestic provided assay results for the remaining six holes of a ten hole 3,156 metre diamond drill program completed in early 2017. These drill holes follow up on the discovery hole EW16-04 that returned 11.4 grams per tonne (“g/t”) gold and 86 g/t silver over 18.0 metres at Ermitaño West (announced January 17, 2017). The Ermitaño West prospect is located approximately 3.5 kilometres southeast of First Majestic’s operating Santa Elena gold-silver mine. Charles Funk, VP of New Opportunities and Exploration commented, “We are very excited by the development of the Ermitaño West vein. Drilling to date has traced a zone that is 590 metres in strike and up to 210 metres deep with an average thickness of approximately 11 metres. Mineralization remains open at depth and to the west while the main shoot has demonstrated the presence of high gold and silver grades with the potential for significant additional mineralization and tonnage. According to First Majestic their plans for Ermitaño West in 2018 include 20,000 metres of drilling to define a resource, expand the extent of known mineralization and explore for additional veins in the area.” | |
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