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Yamana Gold Inc.
Summary
| Project: | Cerro Moro | |
|---|---|---|
| Deposit: | Cerro Moro | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 11/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-11-2019: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Cerro Moro deposit at the Cerro Moro project. Drilling results incl. 2.50m @ 252.68g/t Au, 306g/t Ag from 268.10m. TORONTO, Nov. 19, 2019 -- YAMANA GOLD INC. (TSX:YRI; NY | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Henry Marsden (Internal) | |
| ABSTRACT: | TORONTO, Nov. 19, 2019 -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) today announced exploration results for the Cerro Moro mine in Argentina, all of which show significant high-grade intersections in an entirely new zone and extensions of previously identified zones. These exploration results demonstrate a growing mineral resource base in new areas that are expected to establish Cerro Moro as a long-life, high-quality, high-grade gold and silver operation. The Company has committed to an initial four-year exploration program, which began in early 2018, to systematically explore Cerro Moro. The program combines soil and rock geochemistry, ground geophysics, surface geological and alteration mapping, and reconnaissance drilling. Through the third quarter of 2019, more than 9,700 soil samples and 5,300 rock samples have been analyzed, 76 line kilometres of CSAMT (controlled source audio-magnotelluric) surveys have been completed, and 23,400 metres of reconnaissance RC (reserve circulation) and diamond drilling have been completed. The program has led to the discovery of new mineralization in several areas of the property with positive results in the core mine as well as the newly discovered Naty zone. It has also extended historically known veins not currently in the mine plan, generating new targets for additional mineral resources. | |
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