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Plata Latina Minerals Corp.
Summary
| Project: | Naranjillo | |
|---|---|---|
| Deposit: | Naranjillo | |
| Location: | Mexico | |
| Commodities: | Silver-Gold | |
| Date: | 3/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-3-2019: Plata Latina Minerals Corp. announces an Exploration/Drilling Update report for its Naranjillo deposit at the Naranjillo project. Drilling results incl. 7.35m @ 3598g/t Ag, 32.10g/t Au from 763.30m. Vancouver, BC, February 25, 2019 – Plata Lati | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Stevens (Internal) | |
| ABSTRACT: | Vancouver, BC, February 25, 2019 – Plata Latina Minerals Corporation (TSX-V: PLA) (“Plata Latina” or the “Company”) is pleased to announce the drill results from the 2017-2018 multi-rig drill program that Metalúrgica Reyna S.A. de C.V. (“Reyna”, a wholly owned subsidiary of Fresnillo plc) has completed on Plata Latina’s Naranjillo Property. Naranjillo is a grassroots epithermal silver discovery made by the Company and is located in the Mexican Silver Belt, approximately 35 kilometers southeast of the Guanajuato mining district. Randy Eppler, interim president and CEO of Plata Latina, commented: “We are very pleased with the positive results from the recent drill program completed by Reyna. These results build upon our initial exploration success and support our geologic discovery model. Reyna has steadily expanded the extent of known mineralization, focusing on 3 target areas with development potential along a three-kilometer strike length. We believe their efforts will continue to demonstrate the value of the Naranjillo property.” 2017-18 Drill Results Reyna has drilled 45 holes in total to date at Naranjillo as part of their 2017-2018 exploration program. Recent drilling has returned similar results to Plata Latina’s discovery hole BDD-N-10 which averaged 3,181 g/t Ag and 13.28 g/t Au (4,287 g/t AgEq), over 10.95 meters (7.74 meters true thickness). Significant drill results from this program are highlighted below and a comprehensive list of results along with drill results from previous Plata Latina drilling campaigns can be found in Appendix A. | |
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