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Transaction Announcement Reports
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Project: | Cerro Tostado | |
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Deposit: | Cerro Tostado | |
Location: | Chile | |
Commodities: | Silver | |
Date: | 10/11/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-10-2017: Fiore Gold Ltd. announces an Exploration/Drilling Update report for its Cerro Tostado deposit at the Cerro Tostado project. Drilling results incl. 2.7m @ 381g/t Ag from 36.3m. Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (“Fiore” or | |
Resources: | x | |
CP/QP: | [Overall Report]: Vern Arseneau (Internal) | |
ABSTRACT: | Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (“Fiore” or the “Company”) is pleased to announce the results of the Phase I diamond and reverse-circulation (“RC”) drilling program at its Cerro Tostado project in Chile, following up on high-grade epithermal silver mineralisation previously intersected by three of eighteen holes drilled between 2010 and 2012 by Sociedad Quimica Y Minera de Chile SA (“SQM”). Cerro Tostado is located just south of the main and Fortuna zones of Yamana Gold’s flagship El Peñon Mine (Figure 1). Phase 1 of the Cerro Tostado program included four oriented-core diamond drill holes targeting the previously-identified high-grade silver mineralisation, as well as two new targets identified from mapping, surface sampling and trenching (Figure 1). Holes TO17-001 and -002 confirmed the existence of high-grade silver mineralisation within broad envelopes of lower grade silver values (Figures 2 & 3). For example, the 1.0 m at 501 g/t silver intercept in hole TO17-001 occurs within an 18.8 m-wide zone averaging 70 g/t silver. | |
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