Mexican Gold Corp. announced a new NI 43-101 resource estimate for the Las Minas Project in Veracruz, Mexico. The resource estimate was prepared by Mine Development Associates ("MDA") of Reno, NV. Highlights; The Las Minas Project hosts 645,000 ounces of gold equivalent ("AuEq") at an average grade of 3.674 g AuEq/t, in the Indicated category. The Las Minas Project hosts 217,000 ounces of AuEq at an average grade of 2.679 g AuEq/t, in the Inferred category. MDA prepared the Las Minas resource estimate based on potential exploitation by underground mining methods and deemed 1.5 g AuEq/t to be the appropriate cut-off grade for the resource. The resource is no longer being analyzed from an open-pit perspective. A new drill program exploring highly-prospective targets at Las Minas is scheduled to commence on October 15, 2019. A 3,000-meter drill program is scheduled to commence at Las Minas on October 15, 2019. The program is set to drill 4 highly prospective targets and 2 geological concepts. The 4 targets are Pueblo Nuevo, the Cinco Senores TEM Anomaly, Las Minillas and El Dorado; and the 2 geological concepts are the potential for skarn mineralization Sub-Sill and at the Mancuerna Dike Swarm. Kluane Drilling has now begun mobilization for the Las Minas drill program.