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Gran Colombia Gold Corp.

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Summary

Project:

Segovia

Deposit:Providencia, Sandra K, El Silencio
Location:Colombia
Commodities:Gold-Silver
Date:2/24/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:24-2-2020: Gran Colombia Gold Corp. announces an Exploration/Drilling Update report for its Providencia, Sandra K, El Silencio deposit at the Segovia project. Drilling results incl. 1.80m @ 43.54g/t Au, 130.5g/t Ag from 81.90m. TORONTO, Feb. 24, 2020 -- G
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stewart D. Redwood (Not stated)
ABSTRACT:TORONTO, Feb. 24, 2020 -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today the final assay results from the last 61 diamond drill holes (7,229 meters) of the 2019 in-mine drilling programs at its high-grade Segovia Operations, and also the assay results from 6 additional kick-off diamond drill holes (2,842 meters) from the ongoing directional drilling at the El Silencio Deep Zone. These drill results will be included in the updated mineral reserve and mineral resource estimates for the Segovia Operation that the Company expects to announce at the end of March 2020. Serafino Iacono, Executive Chairman of Gran Colombia, commented, "Our Segovia Operation continue to demonstrate its prowess as a rare world-class system, both in terms of its size and high grades. The team's exploration model and understanding of the local vein system have led to significant new discoveries which have the potential to add substantial resource growth at the El Silencio mine. As these new discoveries continue to suggest that our mines currently in production remain under-explored and have the potential to be much larger than what we understand today, we remain committed to an acceleration of our drilling campaign at Segovia in the coming year."

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