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Latin American Minerals Inc.
Summary
| Project: | Paso Yobai | |
|---|---|---|
| Deposit: | Discovery Zone | |
| Location: | Paraguay | |
| Commodities: | Gold | |
| Date: | 5/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-5-2017: Latin American Minerals Inc. announces an Exploration/Drilling Update report for its Discovery Zone deposit at the Paso Yobai project. Drilling results incl. 7.34m @ 37.92g/t Au from 92.4m. May 02, 2017 – Toronto, Ontario – Latin American Minera | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Sarjeant (Internal) | |
| ABSTRACT: | May 02, 2017 – Toronto, Ontario – Latin American Minerals Inc. (TSXV: LAT) (the “Company”) announces significant results from continued drilling on the Discovery Zone at its Paso Yobai gold project in Paraguay. In the first quarter of 2017, the Company focused drilling on the southern end of the Discovery Zone, in a stretch not previously drilled. Gold mineralization was returned in all reported holes, which were distributed over a 56 metre distance along the trend. Broad high-grade intersections were recorded in adjacent holes DDH-LAT-78 and DDH-LAT-79. The mineral intersections are tabulated below. Basil Botha, President and CEO of the Company stated “DDH-LAT-79 has returned the best intersection yet on the Discovery Zone. These bonanza gold values recall the same style of alkaline gold mineralization reported at the Company’s Tacurú showing more than 7 km to the north (LAT Press Release July 24, 2012 reported DDH-BT-08 intersections of 94.6 gpt over 2.6m and 107.7 gpt over 2.7m.) Given the similarity in mineralization style and grade encountered throughout the project area, Paso Yobai has strong potential to host a significant alkali gold system.” | |
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