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Atico Intercepts 70.8g/t Au, 1,140g/t Ag and 8.9% Zn over 0.77m Within 7.2g/t Au, 118g/t Ag, and 2.0% Zn Over 8.9m at its Precious Metals Rich La Plata Project in Ecuador
VANCOUVER, British Columbia, July 09, 2020 (GLOBE NEWSWIRE) -- Atico Mining Corporation (TSX.V: ATY | OTC: ATCMF) (“Atico” or the “Company”) is pleased to annou
About this update from Atico Mining Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, July 09, 2020 (GLOBE NEWSWIRE) -- Atico Mining Corporation (TSX.V: ATY | OTC: ATCMF) (“Atico” or the “Company”) is pleased to announce six holes from its ongoing drill program at the La Plata precious metals-rich volcanogenic massive sulphide (“VMS”) project in Ecuador. The present campaign has the objectives of completing the infill drilling on the La Mina resources as well as extending the mineralization outside of the known envelope. La Plata Drilling Highlights Include: Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) Zn (%) CMLP-20-98 385.35 395.00 9.65 3.27 83.50 0.28 1.42 Including 385.35 386.20 0.85 12.79 428.22 2.61 6.86 CMLP-20-100 371.07 379.96 8.89 7.19 117.78 0.12 2.06 Including 371.07 371.84 0.77 70.80 1,140.00 0.48 8.90 CMLP-20-103 345.39 359.87 14.48 4.65 103.39 0.58 5.85 Including 347.28 352.9 5.62 7.96 143.51 0.68 10.51 True widths are dependent on uncertainties in the local strike and dip of the mineralization and are estimated to be between 76% and 83% of the drill intercept. Fernando E. Ganoza, CEO, commented: “We are pleased to report a successful batch of drill results where the infill drilling at the La Plata property continued to intercept significant high-grade mineralization at La Mina’s south massive sulfide lens. These results continue to increase confidence in our view that high grade mineralization remains strong and open at depth beyond the known envelope. We plan to continue the drill program at the property well into the second half of the year.” Infill Drilling Program The 2020 La Plata exploration program includes 11,000 meters of diamond drilling and is intended to infill the south and north blocks of the La Mina area while upgrading the known mineralised resources from the inferred category. This program is also designed to increase the known resources at the main La Mina VMS lenses while providing the necessary samples to further metallurgical testing along with geotechnical investigations. When completed, these new findings and results will then be included in the upcoming feasibility study, planned for 2021. Drill holes are planned to continue testing mineralization mainly at depth and along strike of the La Mina area while also stepping out 275 meters north to further test the Guatuza target a...