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Yamana Gold Inc.
Summary
| Project: | Minera Florida | |
|---|---|---|
| Deposit: | Minera Florida | |
| Location: | Chile | |
| Commodities: | Gold-Silver-Zinc | |
| Date: | 9/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-9-2017: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Minera Florida deposit at the Minera Florida project. Drilling results incl. 5.15m @ 5.24g/t Au, 17g/t Ag, 0.51% Zn from 200.2m. TORONTO, ONTARIO, September 25, 2017 ─ YAM | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William Wulftange (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO, September 25, 2017 ─ YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) herein provides an update on the exploration programs at its Chapada, Cerro Moro, Minera Florida, Jacobina, and Canadian Malartic properties. At Minera Florida, the focus of the near mine exploration program is to drill and extend targets located on the Mila, Volga and other concessions acquired in September, 2016. The mine infill program, charged with Mineral Resource upgrade and Mineral Reserve replacement, has focused on underground targets within the core mine complex while also supporting the surface infill drilling of the Las Pataguas structure. Mapping and sampling of these areas prior to and following the consolidation of land surrounding the core mine area has outlined at least five structural corridors which host surface gold mineralization as defined by surface mapping and sampling of quartz veins and hydrothermal breccia. These include the Cucaracha-Quemazon-Volga, Las PataguasQueseria-Los Patos, Fantasma-Lauras, Peumo Milenium- Lorena and the Tribuna Structural corridors (Figure 8). Results from exploration drilling along the Las Pataguas corridor received during 2017 are presented in Table 6 below. The results are both setting the limits of mineralization and opening up for the potential extension of the deposits to the west-northwest. The surface samples from trench PAT-14, 1.0 metre of 8.22 g/t Au, confirm mineralization within the Las Pataguas corridor over 250 metres from the nearest drill hole (CLDFDH0024 0.88m @2.61 g/t Au). Further drilling of the structure is planned to define the potential of the mineral body for both the Las Pataguas and Don Leopoldo veins. | |
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