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Mexican Gold Corp.
Summary
| Project: | Las Minas | |
|---|---|---|
| Deposit: | Las Minas | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-4-2018: Mexican Gold Corp. announces an Exploration/Drilling Update report for its Las Minas deposit at the Las Minas project. Drilling results incl. 26.0m @ 1.74g/t Au, 4.98g/t Ag, 1.68% Cu from 114.0m. Mexican Gold Corp. (the “Company” or “Mexican Go | |
| Resources: | (Resource, M+I): 4.97Mt @ 0.92g/t Au, 0.59% Cu, 4.37g/t Ag with 304000oz AuEq contained | |
| CP/QP: | [Overall Report]: Sonny Bernales (Not stated) | |
| ABSTRACT: | Mexican Gold Corp. (the “Company” or “Mexican Gold”) (TSX-V: MEX / OTCQB: MEXGF / FRA: 4QW1) is pleased to announce the first batch of results from its 2018 Phase 1 resource expansion drill program, including multiple high-grade intercepts. The drilling program comprised both step-out and infill drilling, concentrating on little-known mineralized indications on the periphery of the current resource envelope at the Las Minas property. These initial results are for drilling carried out at the El Dorado/Juan Bran, Santa Cruz and Nopaltepec zones. The 3,000 metre drill program is continuing, focused on resource expansion of the known zones and selective upgrading of the resource category. Brian Robertson, President and CEO commented, “These initial results for our 2018 Phase 1 drilling program further confirm the expansion potential of the mineralized zones at the Las Minas property. The drilling clearly indicates that the zones extend well beyond the confines of the current Resource Estimate. These results, in addition to previously reported high- grade results for the El Dorado Dike Contact zone (see press releases November 14, 2017 and March 1, 2018) bode well for significantly increasing both the tonnage and grade of the maiden mineral resource estimate for the El Dorado / Juan Bran and Santa Cruz zones.” | |
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