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Project: | Segovia | |
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Deposit: | Providencia Mine | |
Location: | Colombia | |
Commodities: | Gold-Silver | |
Date: | 9/18/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 18-9-2017: Gran Colombia Gold Corp. announces an Exploration/Drilling Update report for its Providencia Mine deposit at the Segovia project. Drilling results incl. 3.76m @ 290.50g/t Au, 142.0g/t Ag from 29.05m. TORONTO, CANADA, Monday, September 18, 2017 | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Stewart D. Redwood (Internal) | |
ABSTRACT: | TORONTO, CANADA, Monday, September 18, 2017 – Gran Colombia Gold Corp. (TSX: GCM) announced today the assay results from the ongoing 2017 diamond infill drilling program at its Providencia underground gold mine at its Segovia Operations. Infill drilling at Providencia was aimed to further delineate one of the main high-grade orebodies on which sparse previous surface drilling had intersected high gold grades. Multiple high gold grades generated from 19 drill holes (1,119 metres) drilled from underground in the 2017 drilling program were intersected on the main vein system with maximum grades of 649.1 g/t Au over 0.39 metres and 249.3g/t Ag over 0.95 metres. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented: "We are pleased to report that the assay results returned from the ongoing Providencia infill drilling program represent some of the highest grades seen at Providencia so far, which further increases our confidence in the potential for adding new resources to the mine and extending its mine life. The underground mine at Providencia is one of the highest-grade mines in Colombia and it continues to contribute to our production growth and free cash flow generation from our Segovia Operations." | |
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