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Marlin Gold Mining Ltd.
Summary
| Project: | La Trinidad | |
|---|---|---|
| Deposit: | La Trinidad | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 11/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-11-2017: Marlin Gold Mining Ltd. announces an Exploration/Drilling Update report for its La Trinidad deposit at the La Trinidad project. Drilling results incl. 6m @ 10.57g/t Au from 194m. VANCOUVER, Nov. 27, 2017 /CNW/ - Marlin Gold Mining Ltd. (TSX-V: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Matthew D. Gray (Resource Geosciences Inc.) | |
| ABSTRACT: | VANCOUVER, Nov. 27, 2017 /CNW/ - Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the "Company") is pleased to announce positive drill results from the Colinas target area ("Colinas") less than 1 kilometer from the Taunus pit within the permitted mining boundary at the wholly owned La Trinidad gold mine in Sinaloa, Mexico ("La Trinidad Mine"). The drilling at Colinas has focused on an area that is amenable to open pit mining along a southeast trending structural corridor, which is interpreted to be an extension of the structure that controls gold mineralization in the Taunus pit. The current projection of this structure near Colinas is now 100 meters to the west of previous interpretations, resulting in a large area that has not been tested. Results of the surface mapping and current drill program indicate that the area is structurally complex with low angle faults, possibly thrusts, as well as high angle normal faults. Anomalous gold has been identified over a significant vertical extent, indicating the limits of the hydrothermal system that developed gold mineralization at the Taunus pit have not been determined. These drill results are considered to be significant since they are essentially blind intercepts along a projected structural corridor under post mineral cover and indicate the presence of a larger hydrothermal auriferous system. Akiba Leisman, Executive Chairman and Interim CEO states that "this is a watershed moment for the La Trinidad Mine. Following up on an extensive review of geochemistry, geophysics, surface mapping and trenching at Colinas, we were able to hone in on an additional and potentially significant gold zone within our permitted mining boundary. | |
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