The program, consisting of 15 diamond drill holes totalling 2,500m, is designed to expand the size of the high-grade mineralised area at Cerro Grande zone as well as test for mineralisation at depth in the
2022 magneto telluric geophysics study ('MT') was received after the completion of 2022 drilling and showed large anomalous responses beneath the Cerro Grande anticline and on the west flank.
Guided by the the
Historic drilling has demonstrated that the mineralised body at Cerro Grande has significant vertical extent. The current drill program has the potential to extend the north south strike to over 500 metres while drilling on the western flank could demonstrate mineralisation 700m away from the 2022 high grade drill holes. We want to show that it's high grade and large' stated
The
2022 trenching program produced outstanding results including 9.5m of 16.45g/t Au and 1.9% Cu at Trench 2;
Similar to our drilling program at Cerro Grande Main zone, the holes at Sangre del Toro are designed to investigate the potential extent of mineralisation. La Adelita has shown its high-grade potential now we hope to show it has substantial size. There is a striking coincidence of evidence at Sangre del Toro and we are very excited to start drilling' stated
Results will be released to the market as they are received back from ALS in
Cautionary Note Regarding Forward-Looking Statements
This press release contains 'forward-looking information' within the meaning of Canadian securities legislation. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. - 2 - Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the Company's business, as described in the Company's Filing Statement dated
(C) 2023 Electronic News Publishing, source