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Gran Colombia Gold Corp.
Summary
| Project: | Segovia | |
|---|---|---|
| Deposit: | Segovia | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 10/3/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 3-10-2018: Gran Colombia Gold Corp. announces an Exploration/Drilling Update report for its Segovia deposit at the Segovia project. Drilling results incl. 2.34m @ 110.96g/t Au, 80.8g/t Ag from 72.36m. TORONTO, CANADA, Wednesday, October 3, 2018 – Gran Col | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stewart Redwood (Independent) | |
| ABSTRACT: | TORONTO, CANADA, Wednesday, October 3, 2018 – Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that its 2018 drilling program at its Segovia Operations has identified a new structure at the Sandra K mine, interpreted as a splay off the Techo Vein and termed the 6640 Vein. The Company also provided an update on further assay results from the ongoing underground diamond drilling program at its Segovia Operations. To date, the Company has completed 128 holes at Segovia totaling approximately 16,200 meters, representing 81% of its initially planned 20,000 meters to be drilled in 2018. As announced on August 7, 2018, the Company has since added another approximately 10,000 meters of directional drilling to its 2018 program, expected to commence in early November, to follow up on the high-grade results from the ongoing channel sampling program at its El Silencio mine and extend the north, middle and south ore-shoots down-plunge with the objective of testing extensions another 200 meters below the currently delineated resource. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented, “As we look toward our opportunities for further production and cash flow growth in 2019 and beyond, we are pleased with the continuing high-grade results from our ongoing drilling program at our Segovia Operations aimed at increasing the confidence in our mineral resources at our three producing mines and encouraged by the initial results from our step-out drilling at the Cristales Vein, one of the other 24 known vein systems in our Segovia title which has the potential to become a future mining operation" | |
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