For thousands of other reports visit RSC's Mineral Intellingence Map
Goldplay Exploration Ltd.
Summary
| Project: | San Marcial | |
|---|---|---|
| Deposit: | Faisanes | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 7/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-7-2019: Goldplay Exploration Ltd. announces an Exploration/Drilling Update report for its Faisanes deposit at the San Marcial project. Drilling results incl. 1.0m @ 204.6g/t Au, 155g/t Ag, 0.03% Pb, 0.07% Zn from 126m. VANCOUVER, July 30, 2019 /CNW/ - | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marcio Fonseca (Internal) | |
| ABSTRACT: | VANCOUVER, July 30, 2019 /CNW/ - Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) ("Goldplay" or the "Company") is pleased to announce a high-grade gold intersection from its first core drill hole at the San Marcial Project ("San Marcial"), Sinaloa, Mexico. Phase I drilling at Faisanes is currently testing the continuity and dip of a newly discovered mineralized system identified by recent surface channel sampling. This system contains a wide, highgrade Ag-Pb-Zn-Au mineralized zone, of which channel sample results returned up to 56 m @ 196g/t Ag including 15 m @ 472 g/t Ag (news release 21 February 2019). The Company is actively focused on surface and drilling exploration along the 600 m long Faisanes zone (Figure 01), including prospecting for discoveries of new high-grade Au-Ag zones. Goldplay President and CEO Marcio Fonseca commented, "The high-grade gold-silver intercept is highly significant as it supports the Company's goal of expanding the San Marcial resource. It is the first time in approximately 10 years that any type of exploration work has been carried out on the project. One year ago, our data indicated high-grade silver, lead and zinc at San Marcial. Today, we have added high-grade gold. We are committed to continue systematic exploration and drill programs at San Marcial". | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report