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Metminco Ltd.
Summary
| Project: | Quinchia | |
|---|---|---|
| Deposit: | Chuscal | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 11/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-11-2019: Metminco Ltd. announces an Exploration/Drilling Update report for its Chuscal deposit at the Quinchia project. Drilling results incl. 54m @ 0.81g/t Au, 0.63g/t Ag from 56m. Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is | |
| Resources: | ||
| CP/QP: | [Overall Report]: Nicholas Winer (Internal) | |
| ABSTRACT: | Metminco Limited (ASX: MNC), soon to be renamed Los Cerros Limited, is pleased to advise that it has intersected an impressive 350m wide zone of gold mineralisation, from surface, in the first diamond hole ever drilled into the Chuscal Gold Target, located in the Mid-Cauca Porphyry Belt of Colombia, and part of the Company’s Quinchia Gold Project (refer Figure 1). The Mid-Cauca Porphyry Belt hosts several multi-million ounce porphyry and epithermal ore bodies, some with characteristics similar to those we are observing in early results now being received from the maiden drilling program into the large Chuscal Gold Target, as detailed within this release. Results have now been received from the first diamond hole ever drilled at Chuscal, confirming Chuscal to be a porphyry related system. Most significantly, the first hole (CHDDH001) has reported a 350m wide intersection, from surface, grading 0.57 g/t gold. The highest gold interval is 6.44 g/t over 2m, while isolated silver intervals of up to 30 g/t over 8m were also present (Table 1 and Annex). | |
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