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Leagold Mining Corp.
Summary
| Project: | Los Filos | |
|---|---|---|
| Deposit: | Bermejal Underground | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 11/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-11-2017: Leagold Mining Corp. announces an Exploration/Drilling Update report for its Bermejal Underground deposit at the Los Filos project. Drilling results incl. 43.35m @ 6.13g/t Au from 436.30m. Vancouver, November 20, 2017 – Leagold Mining Corporat | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Doug Reddy (Internal) | |
| ABSTRACT: | Vancouver, November 20, 2017 – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (“Leagold” or the “Company”) reports additional results from the Bermejal Underground drill program at the Los Filos mine in Mexico. Leagold CEO Neil Woodyer stated: “The results of the drill program at Bermejal Underground have exceeded our expectations to date, with several areas of high-grade mineralization already defined. We continue to see excellent results as we focus the remainder of the drilling on the Central and Western side of the deposit. We have 15 rigs on site and will complete the drill program in November. “In the meantime, work continues on the Bermejal Underground ramp. We have advanced 99 metres to date and are on track to reach the test mining area in Q2 of next year. Operational improvements under the guidance of the new management team at the Los Filos Mine continue to steadily progress.” Nine of the 22 holes reported today provide infill in the area that will be accessed for test mining in Q2 2018 on the eastern flank of the Bermejal Underground deposit. This includes hole BUT- 07-17 which intercepted 14.3 gpt over 4.2 metres. An updated resource estimate is expected before year end. The drill holes reported in this news release, and the results from the continuing program, will be incorporated into a final resource estimate for year-end reporting. | |
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