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Metminco Ltd.
Summary
| Project: | Quinchia | |
|---|---|---|
| Deposit: | Chuscal | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 12/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-12-2019: Metminco Ltd. announces an Exploration/Drilling Update report for its Chuscal deposit at the Quinchia project. Drilling results incl. 6m @ 2.97g/t Au from 250m. Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is pleased to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Cesar Garcia (Internal) | |
| ABSTRACT: | Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is pleased to advise that it has received preliminary gold results for CHDDH003, the third hole of the maiden drill program at the Chuscal3 gold target in the Mid-Cauca Porphyry Belt of Colombia (Figure 1 & 2, Table 1 and Annex 1). The 3rd hole successfully intercepted a number of high grade vein-related gold in zones which correlate with our modelled horsetail structures, a key feature which appears to be driving the distribution of high grade gold through the mineralised system. Notably, the 6m @ 2.97 g/t Au intercept encountered at 250m down hole and intense fracturing corresponds with the historic near-surface artisanal mining, suggesting potential for significant structural continuity over a large vertical extent. | |
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