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Leagold Mining Corp.
Summary
| Project: | Los Filos | |
|---|---|---|
| Deposit: | Bermejal Underground | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 8/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-8-2017: Leagold Mining Corp. announces an Exploration/Drilling Update report for its Bermejal Underground deposit at the Los Filos project. Drilling results incl. 63.85m @ 18.4g/t Au from 455.95m. Vancouver, August 31, 2017 – Leagold Mining Corporation | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Doug Reddy (Internal) | |
| ABSTRACT: | Vancouver, August 31, 2017 – Leagold Mining Corporation (TSX: LMC) (“Leagold” or the “Company”) is pleased to report several high-grade drilling results from Bermejal including 15.5 grams per tonne (“gpt”) over 27.0 metres, 17.4 gpt over 13.3 metres, 8.0 gpt over 20.3 metres and 16.8 gpt over 8.6 metres (all capped grades and true widths; see Table 1). These results are part of 20 holes being reported from the infill and step-out exploration program at the Bermejal Underground deposit at the Los Filos Mine, following the initial 20 holes reported on July 13, 2017. Neil Woodyer, CEO stated “This second set of holes continue to delineate the broad widths and high grades of the mineralization below the junction of the sill and the Bermejal intrusive. Overall the program has an impressive 90% success rate with 36 of the 40 holes drilled intercepting the key targets.” Over 25,000 metres (45%) of the 56,000 metre Bermejal Underground program have been completed. A total of 62 of the planned 113 holes have been drilled and, to date 40 holes have been reported, 12 are in progress and the remaining 10 are in the process of sampling or assaying. The entire drilling program is expected to be completed within 2017 and these drill hole results will be incorporated in an updated resource estimate. | |
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